BANKING
Unlock the Value of Your Home

Discover the Benefits of Our Home Equity Loan Products

State Farm Bank® products are best for people who are looking to use the equity in their home to finance a major expense, like home improvement projects and other needs.

Not sure which to choose? Compare Home Equity Loan and Line of Credit.

State Farm Bank deposit accounts are FDIC insured.

Highlights

Both of these products offer some compelling benefits:

  • Reduce your tax burden, since the interest may be tax-deductible.1
  • Interest may be lower than for credit cards and other debt.
  • No application fee
  • One simple application to complete

State Farm Bank delivers competitive interest rates on a host of checking and savings accounts, low APRs on credit cards, and affordable rates on home and vehicle loans. Enter your ZIP Code below to see the current rates for your area.

Need help planning? Visit our financial calculators.

1 Consult a tax advisor for information regarding the deductibility of interest and charges.

State Farm Bank®, 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.

Federal Deposit Insurance Corporation Logo
Equal Housing Lender Logo