Savings 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.

Whether you’re saving for a new car or dream vacation, or just want the peace of mind that comes from knowing you’re ready for the unexpected, our savings account will help you grow your money safely. This savings account offers online access and ATM surcharge rebates¹ and can provide overdraft protection for your State Farm Bank® deposit accounts. A savings account can be opened today with $100.

Features and Benefits

• No more waiting in line to make a deposit.
• Open your savings account with only $100.¹
• Get up to $10 in ATM surcharge rebates per statement cycle.¹
• This account is FDIC insured.
• Can be used as an overdraft protection account for a State Farm Bank deposit account.
• No fee for ATMs used 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. Unlimited ATM surcharge rebates for foreign ATMs with direct deposit.²
• Monthly statements available in English or Spanish.
• Statements available online or by mail.
• Free ATM card available.

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.²
• Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE;, PLUS;, PULSE;, or STAR; network logos.

Compare our Savings Products

	Savings Account	Money Market Savings	Fixed-Rate CDs
Minimum Balance Fee¹	No fee with direct deposit	No fee with direct deposit	No fee
Interest Eligible	has this feature	has this feature	has this feature
ATM Fee Rebate Eligible¹	has this feature	has this feature	does not have this feature
Minimum Opening Deposit	$100	$1,000	$500³
Overdraft Protection	does not have this feature	has this feature	does not have 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 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 Refer to the Electronic Funds Transfer (EFT) Customer Agreement for more details.

³ Minimum opening deposit for Fixed Rate CD less than $100,000 is $500.

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