Checking Account

No monthly fees. No minimum balance requirements.

This checking account gives you excellent features and benefits without the monthly fees.

State Farm Bank® deposit accounts are FDIC insured.

Open an Account


  • Open your online checking account with $25 or more.
  • No monthly fees or minimum balance requirements.1
  • ATM fee rebates — $10 per statement cycle or unlimited with direct deposit.1 Limitations Apply
  • Online and mobile banking and bill pay.

Bonus Rate Benefits

Get an interest rate bonus with a qualifying2 Money Market Savings combined with other selected State Farm Bank products.

Learn more

This checking account gives you excellent features and benefits. Open an account today with just $25 or more, and if you make a direct deposit (ACH credit) each statement cycle, you receive unlimited ATM surcharge rebates.1 If you're looking for online functionality, the option to make mobile deposits using your smartphone3, and convenient 24-hour access; we have the account for you!

Features and Benefits

  • No monthly fees. No minimum balance requirements.
  • No fee for using ATMs 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 and the account does not have direct deposit.1 Limitations Apply Unlimited ATM surcharge rebates for foreign ATMs with direct deposit.1 Limitations Apply
  • Visa® CheckCard or ATM card available for free.1
  • Convenient online banking and bill payment.
  • Overdraft protection is available with a State Farm Bank deposit account or State Farm® Visa credit card.
  • Open your account with $25 or more.
  • 24-hour account access to your account by phone or Internet.
  • First check order complimentary.
  • Monthly statements available in English or Spanish.
  • Statements available online or by mail.
  • This account is FDIC insured.

Free Visa CheckCard1

Accepted anywhere Visa is accepted. The Visa CheckCard provides the benefits of paying with a card without the worries of paying interest.

  • No monthly fees associated with this card.
  • All purchases and cash withdrawals made with the Visa CheckCard are deducted directly from your bank account.
  • You get protection against unauthorized use, even if the card is lost or stolen.4

ATM Card

Day or night, our ATM card makes it easy for you to get cash or complete other financial transactions almost anywhere.

  • 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.4
  • Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE, PLUS, PULSE, or STAR network logos.
  • Enhanced Security with Chip Card Technology

Comparison Chart

Compare Our Checking Accounts with Our Money Market Savings Account

Checking Interest Checking Money Market Savings
Minimum Balance Fee1 No fee No fee with direct deposit No fee with direct deposit
Interest Eligible Checked Checked
ATM Fee Rebate Eligible1 Limitations Apply Checked Checked Checked
Minimum Opening Deposit $25 $100 $1,000
Overdraft Protection Checked Checked Checked
Online Banking Checked Checked Checked
Mobile Banking Checked Checked Checked

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 Savings 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. However, 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 Consumer Checking, Interest Checking or Money Market Savings accounts where the ownership of the accounts are exactly the same are eligible; Trust, Estate, Uniform Transfer to Minors, IRA or Business accounts are not.

3 Compatible mobile phone required; enrollment and terms and conditions apply.

4 Refer to the Electronic Funds Transfer (EFT) Customer Agreement for more details.

Apply for a Rewards Visa® credit card.

State Farm Bank, F.S.B.®, Bloomington, Illinois, 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 subject to investment risk, including possible loss of principal invested. Contact State Farm Bank toll-free at 877-SF4-BANK (877-734-2265). Callers who are hearing or speech impaired should dial 711 or use a preferred Telecommunications Relay Service.

1Not all State Farm products to which you may apply your State Farm Loyalty Rewards points qualify for a redemption premium. Eligible State Farm Bank products include deposit accounts, mortgages and consumer loans. Eligible State Farm products offered by affiliates of State Farm Bank include property and casualty insurance, life insurance, annuities, and mutual funds.

Federal Deposit Insurance Corporation Logo
Equal Housing Lender Logo