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Bank Rates

Deposit Products

Effective 10/08/2008    

Product Interest Rate Annual Percentage Yield (APY)
 

Certificates of Deposit (CDs)4
Less than $100,000
90 days 2.62% 2.65%      
180 days 2.71% 2.75%      
1 year 2.71% 2.75%      
18 months 3.68% 3.75%     *Special Term
2 years 3.92% 4.00%      
3 years 4.11% 4.20%      
4 years 4.16% 4.25%      
5 years 4.26% 4.35%      

* Available by calling State Farm Bank toll-free at 1-877-734-2265 or by contacting a participating State Farm agent. Special Terms not available for Business, IRA, or ESA accounts.
 
$100,000 or more
90 days 2.66% 2.70%      
180 days 2.76% 2.80%      
1 year 2.76% 2.80%      
18 months 3.68% 3.75%     *Special Term
2 years 3.97% 4.05%      
3 years 4.16% 4.25%      
4 years 4.21% 4.30%      
5 years 4.31% 4.40%      

* Available by calling State Farm Bank toll-free at 1-877-734-2265 or by contacting a participating State Farm agent. Special Terms not available for Business, IRA, or ESA accounts.

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Individual Retirement Accounts (IRA) and
Coverdell Education Accounts (ESA) CDs
Less than $100,000
1 year 2.71% 2.75%
2 years 3.92% 4.00%
3 years 4.11% 4.20%
4 years 4.16% 4.25%
5 years 4.26% 4.35%
 
$100,000 or more
1 year 2.76% 2.80%
2 years 3.97% 4.05%
3 years 4.16% 4.25%
4 years 4.21% 4.30%
5 years 4.31% 4.40%
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Money Market3
$0 - $99 0.00% 0.00%
$100 - $9,999 1.98% 2.00%
$10,000 - $24,999 2.23% 2.25%
$25,000 - $49,999 2.62% 2.65%
$50,000 - $99,999 2.71% 2.75%
$100,000+ 3.05% 3.10%
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Checking1

 n/a n/a
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Interest Checking2
$0 - $2499 0.00% 0.00%
$2500+ 2.47% 2.50%
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Savings1
$0 - $24,999 1.00% 1.01%
$25,000 - $49,999 1.69% 1.70%
$50,000 - $99,999 2.23% 2.25%
$100,000+ 2.32% 2.35%
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Health Savings Accounts (HSA)
$0 - $2,499 1.09% 1.10%
$2,500 - $9,999 1.88% 1.90%
$10,000+ 2.47% 2.50%
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Fees and charges may reduce earnings on accounts.

1Minimum opening deposit required is $100.

2Minimum daily balance of $2,500 required to earn interest. Minimum opening deposit required is $100.

3Minimum daily balance of $100 required to earn interest. Minimum opening deposit required is $1,000.

4A penalty may be imposed for early withdrawals, which could reduce the Annual Percentage Yield (APY). Minimum opening balance required is $500.
 

Credit Cards

Effective 10/8/2008    

Product Purchase APR* Credit Limits to
Platinum Rewards VisaŽ Credit Card 9.99 - 15.49% $25,000
Good Neighbor Visa Credit Card 9.99 - 15.49% $25,000
Student Visa Credit Card 9.99 - 15.49% $2,500
Visa Business Credit Card 10.49 - 15.49% $25,000
 

*This annual percentage rate may vary.

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Home Mortgage Loans

Effective 10/10/2008    

Product Interest
Rate		 Discount
Points		 Origination
Fee		 Annual
Percentage
Rate (APR)
ARM 3/1 conforming5.500%0.000%0.000%6.2880%
ARM 5/1 conforming5.750%0.000%0.000%6.2482%
15 year fixed conforming6.250%0.000%0.000%6.3246%
30 year fixed conforming6.625%0.000%0.000%6.6710%
ARM 3/1 JUMBO6.125%0.000%0.000%6.4208%
ARM 5/1 JUMBO6.375%0.000%0.000%6.4680%

State Farm Bank® offers a variety of Home Mortgage Loans in all 50 states and the District of Columbia. Below is an indication of our current rates for a purchase transaction, based on the assumptions specified. Higher and lower loan amounts are available. For an exact quote specific to your needs or for a quote on a refinance transaction, please call State Farm Bank at 1-877-SF4-BANK (1-877-734-2265).

Pricing and APR Assumptions

Location:
Pricing could vary based on the state where the property is located. Contact a Mortgage Consultant for a price quote based on your property location.
Loan amount:
$200,000 for conforming products; $500,000 for JUMBO products
Loan-to-value ratio:
80% or lower
Property type:
Single Family Primary Residence
Loan purpose:
Purchase only
Escrow:
Customer escrows for taxes, insurance, etc. as part of monthly payment
Closing costs/prepaids:
Estimated at 1% of the purchase price/value of the home
Lock period:
30 days
Income documentation:
All income used to qualify for a loan is documented

Additional Notes

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Home Equity Products

Effective 09/06/2008

Annual Percentage Rate (APR)
   Term
(months)		 From To Amount
 

Home Equity Loans (Single Family -- 1 to 4 units; Condominiums; Townhouses)
12-60 months 6.25% 9.50% $10,000- $500,000
61-120 months 6.50% 9.75% $15,000 - $500,000
121-180 months 6.75% 10.00% $15,000 - $500,000
 

Home Equity Lines of Credit (Single Family -- 1 to 4 units; Condominiums; Townhouses)
84 months* 4.75% 8.00% $10,000 - $500,000
 
* Texas only: 7-year draw period followed by 10 year repayment period

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Vehicle Loan Products

See your local participating State Farm agent for rates and financing details.


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