State Farm Bank ®

Checking. Savings. Real Life Banking.

State Farm Bank deposit products are FDIC insured.

Open a new Money Market Savings Account & receive a Banking Benefits – Deposit Introductory 2.25% Annual Percentage Yield (APY)footnote1



Managing Your Money, Your Way.

  • A checking account with convenient online and mobile access, with no monthly maintenance fees or minimum balance requirements.


Store. Save. Grow.

  • A savings account that can grow with you.

Interest Checking

More Interest for Your Money.

  • Learn more about the checking account that lets you earn interest on higher balances.

Money Market Savings

Build Your Wealth.

Explore Our Other Deposit Products

Certificate of Deposit (CDs)

Grow your savings with a competitive interest rate and the security of FDIC insurance.

Learn More

Health Savings Account (HSA)

Tax-deductible contributions, tax-free earnings and withdrawals for qualified medical expenses.

Learn More

Coverdell Education Savings Account (ESA)

Grow your money tax-free until withdrawn for any qualifying education expense.

Learn More

Individual Retirement Account (IRA)

Compare our competitive rates on both our fixed-rate IRA CD and IRA money market accounts.

Learn More
Image of State Farm mobile app
Image of State Farm mobile app

Mobile Banking for a Mobile Life

With our convenient mobile banking app, you can transfer funds, deposit checks footnote3 , find ATMs, and pay your bills.

Download App

Decide which account is Right for You


Checking Accounts for Everyday Use


Savings for a Rainy Day and Beyond

  • Start saving with a $100 minimum opening deposit.
  • Daily interest if you keep $100 minimum daily balance.
  • A savings account may provide overdraft protection for your State Farm Bank Checking Account.

Interest Checking

Everyday Checking with Better Interest

  • Daily interest if you keep a $2,500 minimum daily balance.
  • No minimum balance fees with a direct deposit.
  • Unlimited ATM surcharge fee rebates with direct deposit. Limitations Apply Footnote7

Money Market Savings

Flexible Savings for Your Future

  • Start with as little as $1,000.
  • Competitive interest rate tiers that pay you more as your balance grows.
  • No minimum balance fee with direct deposit or if you keep a $500 average daily balance.


Better Online Banking Starts Here

Make the most of your bank accounts with our helpful online tools.

Get convenient online access to your State Farm Bank Accounts. Log in or register to connect to your online bank account.
Choose a checking account based on your spending habits and preferences.
Calculate how much you need to save.
More accounts Footnote8 mean more benefits for you.

Return to reference1, Return to reference 2 The Banking Benefits – Deposit Introductory program offers a high yield fixed Introductory Rate during the first 12 statement cycles after opening a new Consumer Money Market Savings account with State Farm Bank. A new Consumer Money Market Savings account means you cannot have an existing Money Market Savings with the same ownership currently open or which closed within the last 12 months. Your Benefit account balance must remain below $5,000,000 to earn the Introductory Rate. If the account balance is $5,000,000 or above, you will earn the Standard Rate on your entire balance. The new Money Market Savings must be a Personal or Trust account. IRA Money Market, Estate, Uniform Transfer to Minors, and Business accounts are NOT eligible.
Return to reference 3 Compatible mobile phone required; enrollment and terms and conditions apply.
Return to reference 4 Visa is a registered trademark of Visa International Service Association.
Return to reference 5 Not all debit cards are available for Apple Pay. State Farm Bank ® Visa ® Health Savings Account Debit Card cannot be used with Apple Pay.
Return to reference 6, Return to reference 7 Refer to the Pricing Schedule for Consumer & Business Deposit Accounts and the Truth in Savings Disclosure for more details.
Return to reference 8 Relationship Rates require a Consumer Checking or Interest Checking AND a Consumer Money Market Savings with the same ownerships. Requirements to earn the Relationship Rates are qualifying activity in the Checking or Interest Checking account(s) of $2,500+ daily balance OR 10 withdrawal transactions. If the Checking or Interest Checking requirements are not met, the Money Market Account(s) will earn the Standard Rates. If you have multiple Qualifying checking accounts with the same ownership as Your Benefit Account, the balances and transactions for those Checking and/or Interest Checking accounts will be added together to determine Benefit eligibility. The 10 Withdrawal transactions per statement cycle can be Debit Card, ATM Card, Bill Pay, Account to Account transfer, ACH, Wire Transfer, or Check.

State Farm Bank, F.S.B., Bloomington, Illinois ("Bank"), is a Member FDIC and Equal Housing Lender. NMLS ID 139716. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and may be subject to investment risk, including possible loss of principal invested. The Bank encourages any interested individual(s) to submit an application for any product(s) offered by the Bank. We also encourage you to obtain information regarding the Bank's underwriting standards for each type of credit or service offered by visiting ® or by contacting the Bank at 877-SF4-BANK (877-734-2265) (877-734-2265). If you are deaf, hard of hearing, or do not use your voice to communicate, you may contact us via 711 or other relay services. To apply for a Bank product, you may also see your participating State Farm agent.

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