Use UPS® to Overnight Deposits for State Farm Bank® Deposit Accounts
Take advantage of our overnight delivery service to State Farm Bank. There is no charge for initial deposits with an application or subsequent deposits of $100 or more to an existing account by using prepaid shipping labels from UPS. To use State Farm Bank's overnight delivery service, an original UPS shipping label must be created from the UPS shipping label link identified below. Photocopies of labels can not be used.
- The UPS overnight delivery service is for deposit account transactions only. It is not intended for cash deposits or deposits less than $100.
- UPS envelopes should not be used for loan applications, loan payments, credit card payments or insurance premiums. If used for these purposes, there will be a delay in the receiving and posting process for the State Farm accounts affected.
- UPS overnight delivery service is for domestic mailings only. Canada and International mailings are not available.
- Photocopies or previously used shipping labels cannot be used. Creating a new label ensures your deposit can be tracked.
- Overnight envelopes cannot be picked up from residential locations due to a contractual agreement between UPS and State Farm Bank. We recommend you use one of the methods below to give your package to UPS to avoid incurring pickup charges (payable by you).
Six Easy Steps To Overnight Your Deposit By UPS
- Print a UPS shipping label for each deposit. Also include a preprinted deposit slip for your account. If you do not have the preprinted deposit slip, print an overnight transmittal form. The overnight transmittal form should not be used in place of a deposit slip, but only if you do not have a deposit slip.
Note: Each shipping label is assigned a tracking number. In order to track your deposit it's important to print a new label for each deposit versus copying a label for future use.
- Get a UPS envelope and shipping pouch from any UPS Store location, UPS Customer Center, UPS Drop Box, UPS Alliance Location, UPS Authorized Shipping Outlet location or UPS Authorized Service Provider. Do not attach the UPS shipping label to any other type of envelope. Use only UPS envelopes. Boxes or bags are not acceptable.
- Insert the supporting documents:
- Signed account application for a new account (not required for new accounts opened online) OR
- Preprinted deposit slip for an existing account. There is NO charge for deposit slips. They can be reordered online, or by contacting State Farm Bank at 877-SF4-BANK (877-734-2265); callers who are hearing or speech impaired should dial 711.
- Endorsed check
- Seal the envelope, insert the shipping label into the plastic pouch, and affix it to the back of the envelope. If you do not have a pouch, affix the folded label using clear plastic shipping tape over the entire label.
- Please be sure to write down the tracking number for your records. Take the envelope to any UPS Store location, UPS Customer Center, UPS Drop Box, UPS Alliance Location or Authorized Shipping Outlet or UPS Authorized Service Provider. You can find a UPS location near you by going to www.ups.com/dropoff.
- Shipments are only collected and processed by UPS Monday through Friday. Envelopes dropped off on weekends won't be collected until Monday and will be delivered to State Farm Bank on Tuesday.
We recommend you contact UPS at 800-PICK-UPS (800-742-5877) to inquire about the cut-off times for overnight service in your area. Depending on the time and the location, it's possible for delivery to take up to two days.
Further questions should be directed to State Farm Bank at 877-SF4-BANK (877-734-2265); callers who are hearing or speech impaired should dial 711.
UPS trademarks used by permission.
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.