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Loan Payment Methods

State Farm Bank deposit accounts are FDIC insured.

Online Payment of Payoff*

Payoff Disclaimer

  • The payoff amount may change if there are any additional fees, including late fees, in process that may accumulate during the quoted period or if payments have been reversed. The payoff amount may also be affected if the account is set up on ACH, or has any pending payments, as these items may be in process at the time of the quote.

Pay Online Using Your State Farm Bank Deposit Account

  • State Farm Bank Bill Payment — If you have a Checking, Money Market Savingsfootnote1, or Interest Checking account you can use State Farm Bank Bill Payment services to pay your loan account. Simply click on the Make Payments tab on your account and select the "Enroll now" button at the bottom of the page! Once you are enrolled you can add your State Farm Bank loan as a Payee and make payments quickly and easily online!

State Farm Bank Transfer

  • If you have a State Farm Bank Checking, Interest Checking, Money Market Savingsfootnote1, or Savingsfootnote1 account you can pay your loan using our online Internal Transfer service. Simply click the Transfer Funds tab at the top of the page. You can transfer funds from any of your deposit accounts to your loan account to make your monthly payment.
  • You may also make a principal only payment to your loan using our internal transfer service.

Pay Online Using Another Bank Account

  1. Log into statefarm.com® with your username and password
  2. Click the Pay option to the right of your loan account number
  3. On the Payment Inbox screen, select the Pay option next to the loan account
  4. Select the loan account you would like to pay and enter the payment amount and date
  5. Select the bank account you would like to use for your payment

You can also select the Add a Payment link to enroll a new bank account as a loan payment account with State Farm Bank.

Mail a Payment or Payoff

Regular Mail

  • Standard Payments

    Vehicle Loan and Home Equity Loan
    State Farm Bank
    PO Box 3299
    Milwaukee, WI 53201-3299

    Home Equity Line of Credit
    State Farm Bank
    PO Box 3298
    Milwaukee, WI 53201-3298

  • Special Instruction and Principal Only Payments

    Vehicle, Home Equity, and Home Equity Lines of Credit
    State Farm Bank
    PO Box 5961
    Madison, WI 53705-3298

Overnight Mail


Vehicle, Home Equity, and Home Equity Lines of Credit (All)
State Farm Bank
Attention:  Loan Servicing
2535 Daniels Street
Madison, WI 53718

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Footnotes

return to reference1 You may make six transfers from your account each monthly statement cycle by preauthorized or automatic transfer, point-of-sale, telephone and/or electronic banking. If you exceed these limitations, we may refuse to honor the excessive transactions, remove your transfer privileges, close the account without prior notice, convert it to another type of account, and/or impose a fee (Refer to the Pricing Schedule for Consumer & Business Deposit accounts) for exceeding the limits. (Note: We count transactions for purposes of the transaction limitations as of the date we post them to your account, not as of the date you initiate them. As such, a transaction you initiate during one statement period may not be counted until a subsequent statement period). In addition to the above transfers, you are allowed unlimited withdrawals by ATM; by mail (payments directly to you or transfers of funds from your account to any of your loan accounts with us); or by telephone (via check payable to you.)

*A Payoff is the amount required to pay the loan in full, including accrued interest and outstanding fees. The borrower is responsible for any outstanding drafts, draws or fees which have not been posted or payments which are rejected or otherwise reversed from the loan account.

State Farm Bank®, F.S.B., Bloomington, Illinois ("Bank") 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 may be subject to investment risk, including possible loss of principal invested. The Bank encourages any interested individual(s) to submit an application for any product(s) offered by the Bank. We also encourage you to obtain information regarding the Bank's underwriting standards for each type of credit or service offered by visiting statefarm.com® or by contacting the Bank at 877-SF4-BANK (877-734-2265); If you are deaf, hard of hearing, or do not use your voice to communicate, you may contact us via 711 or other relay services. To apply for a Bank product, you may also see your participating State Farm agent.

State Farm Bank®
Member FDIC
Equal Housing Lender