-
Insurance: Auto, Home, Life & More
-
- Tools & Advice
- Common Insurance Questions
- Auto Insurance Discounts
- Learning Center
- Home Inventory Checklist
- Life Insurance Calculator
- Identity Protection
- Quick Links
- Get Insurance Quotes
- Find an Agent
- Manage Your Policy
- Make a Payment
- Payment Options
- Claims Center
- Repair Facility Locator
- Welcome Center
-
-
Mutual Funds: Save, Invest & Plan
-
- Start Planning
- General Investing
- Education Savings
- Retirement Accounts
- Small Business Plans
- Rollovers & Transfers
- Fund Information
- Life Path® Funds
- Stock & Index Funds
- Bond & Money Market Funds
- Fund Performance
- Fund Prices
- Fund Selection Tool
- Quick Links
- Open an Account
- Manage Your Account
- Investing Resources
- Forms & Downloads
- Account Help
- Find an Agent
- Contact Us
-
- State Farm BankÆ Full Service Financial
Money Market Savings Account
Best account for people who want to safely save for the future and earn a great interest rate.
Features and Benefits
- Competitive tiered interest rates with a minimum opening deposit of $1,000.
- ATM fee rebates $10 per statement cycle or unlimited with direct deposit.¹
- Online and mobile banking, bill pay, and tons of convenient features!
Fixed-Rate Certificate of Deposit (CD)
Best account for people who want stability and a competitive interest rate.
Features and Benefits
- Open an account with only $500!²
- 3 to 60 month terms available with interest compounded daily.
- Get free online statements and automatic renewal.
Savings Account
Best account for people who want to grow their money safely.
Features and Benefits
- Open an account for only $100.
- ATM fee rebates $10 per statement cycle.¹
- Online and mobile banking and tons of convenient features!
Individual Retirement Account (IRA)
Best account for people who want tax advantages and to safely save for retirement.
Features and Benefits
- Choose from IRA Certificate of Deposit or IRA Money Market Savings.
- Choose from Traditional and Roth IRAs.
Education Savings Account (ESA)
Best account for people who want to invest in their childs education with tax benefits and a competitive interest rate.
Features and Benefits
- Open an account for only $500!
- Multiple terms available, ranging from 12 to 60 months.
- This account is FDIC insured.
Health Savings Account (HSA)
Best account for people who want to save for future medical expenses with tax benefits, flexible access, and a competitive interest rate.
Features and Benefits
- Pair with a high-deductible health insurance plan to save and pay for qualified medical expenses tax-free.
- This account is FDIC insured.
Comparison Chart
Compare accounts to see which is right for you!
| Money Market Savings | Fixed-Rate CDs | Savings Account | |
|---|---|---|---|
| Minimum Balance Fee¹ | No fee with direct deposit | No fee | No fee with direct deposit |
| Interest Eligible | has this feature | has this feature | has this feature |
| ATM Fee Rebate Eligible¹ | has this feature | does not have this feature | has this feature |
| Minimum Opening Deposit | $1,000 | $500² | $100 |
| Overdraft Protection | has this feature | does not have 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 |
¹ Refer to the Pricing Schedule for Consumer & Business Deposit Accounts and the Truth in Savings Disclosures for more details.
² Minimum opening deposit for Fixed-Rate CD less than $100,000 is $500.