BANKING

Free Checking Account

No monthly fees. No minimum balance requirements.

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

Open an Account

Star Ratings

Highlights

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

This checking account gives you excellent features and benefits without all of the cost. Open an account today with just $25, and if you make a direct deposit (ACH credit) each statement cycle, you receive unlimited ATM surcharge rebates.1 If you're looking for cutting-edge online functionality, the option to make mobile deposits using your smartphone2, 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 Unlimited ATM surcharge rebates for foreign ATMs with direct deposit.1
  • Visa® CheckCard or ATM card available for free.1
  • Free, convenient online banking and bill payment.
  • Overdraft protection is available with a State Farm Bank deposit account or State Farm Visa® credit card.
  • No more waiting in line to make a deposit.
  • Open your account with only $25.
  • 24-hour account access by phone or Internet.
  • Free initial check order.
  • 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, your Visa CheckCard provides the benefits of paying with plastic without the worries of paying interest.

Features and Benefits

  • 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.3
  • Point-of-sale signature purchases (credit purchases) can be made anywhere Visa debit cards are accepted.
  • 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.
  • Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE, PLUS, PULSE, or STAR network logos.

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.3
  • Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE, PLUS, PULSE, or STAR network logos.

Comparison Chart

Compare Our Checking Accounts with Our Money Market Savings Account

Free 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 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. 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 Compatible mobile phone required; enrollment and terms and conditions may apply.

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

Apply for a Rewards Visa® credit card.