BANKING

Interest Checking Account

Designed for those who want it all – plus interest.

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

State Farm Bank® deposit accounts are FDIC insured.

Open an Account

Get started in under 10 minutes.

Highlights

  • Open your account with $100 or more.
  • No minimum balance fee with direct deposit.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

Open an interest checking account today with $100 or more. Make a direct deposit (ACH credit) each statement cycle and receive unlimited ATM surcharge rebates.1 Limitations Apply If you're looking for cutting-edge online features, the option to make mobile deposits using your smartphone3, convenient 24-hour access, and a competitive interest rate, this is the account for you!

Features and Benefits

  • Your entire balance will earn interest each day your balance is a minimum of $2,500.1
  • Conveniently make a deposit.
  • Open your interest checking account with $100 or more.1
  • Variable, tiered interest rate applies.
  • Interest is compounded daily and credited to your account monthly.
  • No minimum balance fee with direct deposit.1
  • No fee for 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
  • 24-hour account access by phone or Internet.
  • Initial 50 checks are free (Antique style only).
  • Overdraft protection is available with a State Farm Bank deposit account or State Farm Visa ® credit card.
  • Complimentary online banking and bill payment.
  • Monthly statements are available.
  • Statements available online or by mail.
  • Visa CheckCard or ATM card available.
  • This account is FDIC insured.

Complimentary State Farm® Visa® CheckCard1

Accepted anywhere Visa® is accepted. The State Farm® Visa® CheckCard provides the benefits of paying with plastic without the concerns of paying interest.

  • No monthly fees associated with this card.
  • All purchases and cash withdrawals made with the State Farm® Visa® CheckCard are deducted directly from your bank account.
  • Point-of-sale Personal Identification Number (PIN) purchases (debit purchases) can be made from merchant terminals that display NYCE®, Visa® or PLUS® payment network logos.
  • Point-of-sale Signature purchases (credit purchases) can be made from merchant terminals that display the Visa® payment network logo.
  • Withdrawals, transfers, and balance inquiries can be made at ATMs that display NYCE®, Visa® or PLUS® payment network logos.
  • Protection against unauthorized use, even if the card is lost or stolen.4
  • Enhanced Security with Chip Card Technology.

State Farm Bank® ATM Card

Day or night, our State Farm Bank® 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®, Visa® or PLUS® network logos.
  • 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®, Visa® or PLUS® network logos.

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 account holders, 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 may apply.

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

 

Access your bank accounts whenever and wherever, including your pocket.

Learn more about Pocket Agent®

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.

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