Interest Checking Account

State Farm Bank® delivers competitive interest rates on a host of checking and savings accounts, low APRs on credit cards, and affordable rates on home and vehicle loans. Enter your ZIP Code below to see the current rates for your area.

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¹ Refer to the Pricing Schedule for Consumer & Business Deposit Accounts and the Truth in Savings Disclosures for more details.

Open an interest checking account today with just $100, and if you have a direct deposit (ACH credit) each statement cycle, the minimum balance fee is waived and you receive unlimited ATM surcharge rebates.¹ If you’re looking for cutting-edge online features, the option to make mobile deposits using your smartphone², convenient 24-hour access, and a competitive interest rate, this is the account for you!

Features and Benefits

• Your entire balance will earn interest each day your balance is a minimum of $2,500.¹
• No more waiting in line to make a deposit.
• Open your interest checking account for only $100.¹
• Variable, tiered interest rate applies.
• Interest is compounded daily and credited to your account monthly.
• No minimum balance fee with direct deposit.¹
• No fee for ATMs that are owned by State Farm Bank®. Account will be rebated up to $10 per statement cycle when a foreign (non-State Farm Bank owned) ATM is used and the account does not have direct deposit.¹ Unlimited ATM surcharge rebates for foreign ATMs with direct deposit.
• 24-hour account access by phone or Internet.
• Free initial check order.
• Overdraft protection available with a State Farm Bank deposit account or State Farm Visa® credit card.
• Free, convenient online banking and bill payment.
• Monthly statements available in English or Spanish.
• Statements available online or by mail.
• Visa CheckCard or ATM card available.
• This account is FDIC insured.

Free Visa CheckCard¹

Accepted anywhere Visa is accepted, your Visa CheckCard provides the benefits of paying with plastic without the worries of paying interest.

Features and Benefits

• All purchases and cash withdrawals made with the Visa CheckCard are deducted directly from your bank account.
• You get protection against unauthorized use, even if the card is lost or stolen.³
• Point-of-sale signature purchases (credit purchases) can be made anywhere Visa debit cards are accepted.
• Point-of-sale Personal Identification Number (PIN) purchases (debit purchases) can be made from merchant terminals that display the NYCE®, PLUS®, PULSE®, or STAR® network logos.
• Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE, PLUS, PULSE, or STAR network logos.

ATM Card

Day or night, our ATM card makes it easy for you to get cash or complete other financial transactions almost anywhere.

Features and Benefits

• Point-of-sale Personal Identification Number (PIN) purchases (debit purchases) can be made from merchant terminals that display the NYCE, PLUS, PULSE, or STAR network logos.
• You get protection against unauthorized use, even if the card is lost or stolen.³
• Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE, PLUS, PULSE, or STAR network logos.

Compare Our Checking Accounts with Our Money Market Savings Account

	Interest Checking	Free Checking	Money Market Savings
Minimum Balance Fee¹	No fee with direct deposit	No fee	No fee with direct deposit
Interest Eligible	has this feature	does not have this feature	has this feature
ATM Fee Rebate Eligible¹	has this feature	has this feature	has this feature
Minimum Opening Deposit	$100	$25	$1,000
Overdraft Protection	has this feature	has this feature	has this feature
Online Banking	has this feature	has this feature	has this feature
Mobile Banking	has this feature	has this feature	has this feature

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Account Eligibility

• The individual(s) on the account must have a Social Security Number (SSN), Tax Identification Number (TIN), or Individual Taxpayer Identification Number (ITIN).
• All account holders of a Checking, Interest Checking, or Money Market Savings account must be at least age 13, and one account holder must be at least age 18.
• Minors may be listed as the primary or secondary account holder. While we do allow minors as account holders, these accounts must be opened on the phone or through a State Farm® agent.

¹ Refer to the Pricing Schedule for Consumer & Business Deposit Accounts and the Truth in Savings Disclosures for more details.

² Compatible mobile phone required; enrollment and terms and conditions may apply.

³ Refer to the Electronic Funds Transfer (EFT) Customer Agreement for more details.

¹ Refer to the Pricing Schedule for Consumer & Business Deposit Accounts and the Truth in Savings Disclosures for more details.

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