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New State Farm® and U.S. Bank® announcement—click here for more details.

Certificates of Deposit, your way

We’re excited to introduce you to new products that allow you to bank, when, where, and how you want, thanks to an alliance between U.S. Bank® and State Farm®. New U.S. Bank CDs and Retirement CDs are now available online and through your local State Farm agent.

CDs

Grow your money with a term length that works for you.

  • Flexible term length – from three months to five years
  • $500 minimum deposit to open a Certificate of Deposit, $1,000 minimum deposit for CD Specials, Step Up CDs and Trade Up CDs
  • Your rate is guaranteed for the length of the term

How do CDs work?

A certificate of deposit is a type of deposit account that you agree to keep your money in for a certain amount of time, known as the term.

How much can you earn?

Simply choose your U.S. Bank CD, your opening deposit, and your term length.
We’ll do the calculating.

All CDs are FDIC-insured up to the maximum allowed by law.*

Standard CD

Basic CD with flexible terms and a locked-in rate.

  • Lower minimum deposit compared to CD Special
  • Guaranteed rate for the duration of your term

Learn more

CD Special

Most competitive CD with promotional rates and great returns.

  • Guaranteed rate for the duration of your term
  • Flexible term limits

Learn more

Step Up CD

Get an interest rate increase throughout your term.

  • Rates go up every seven months for 28 months
  • Rates are locked in when you open your account, so you know how much your increases will be

Learn more

Trade Up CD

A CD that lets you take advantage of a higher rate during your term.

  • Lock in a higher rate one time during your initial term
  • Choose between 30-month and 60-month terms

Learn more

Retirement CD

Low-risk investing with a retirement account that’s funded with a CD.

  • Guaranteed returns with locked-in interest rates
  • Get the tax benefits of an IRA

Learn more

Retirement CD Special

Grow your money tax-free or tax-deferred for retirement.

  • Guaranteed returns with locked-in interest rates
  • Get the tax benefits of an IRA

Learn more

Retirement Step Up CD

Plan for retirement with regular rate increases and IRA benefits.

  • Rates go up every seven months for 28 months
  • Get the tax benefits of an IRA

Learn more

Retirement Trade Up CD

Get more out of your retirement savings with a one-time rate increase.

  • Lock in a higher rate one time during your initial term
  • Choose between 30-month and 60-month terms

Learn more

Get an agent who gets you

A State Farm agent can provide you with information to help you choose the right products and options. With thousands of agents throughout the U.S., chances are there’s one near you.

Deposit products offered by U.S. Bank National Association. Member FDIC.

* The Federal Deposit Insurance Corporation ("FDIC") insures deposits up to $250,000 per depositor per account ownership type. For more information about FDIC Insurance coverage, visit www.fdic.gov.