Transfer Funds Between Your Accounts
Watch this brief video to learn how State Farm Bank® makes it fast and easy to transfer money between your accounts, including accounts at other banks or institutions.
State Farm Bank allows you to transfer money between your accounts, including accounts at other banks or institutions.
Whether you're planning a summer vacation and want to move some money into a personal savings account, or wanting to set more aside in your money market account for a rainy day, we make sure that your money is always where you want it to be, when you need it most without any transfer fees. We also go one step further and simplify the process of transferring money in from your external bank accounts.
From the Transfer Funds section of your online account, you can select an account, choose an amount to transfer, and set the frequency of the transfer (if you want it to repeat). Clicking "Continue" will take you to a confirmation page where you can approve the transfer.
To set up an external transfer, the routing and account numbers of the external account you'd like to transfer to or from are required. Follow the "Get started with external transfers" link on the left-hand side of the page to set up your external bank account to make transfers. This will take you to the Add an External Transfer Account page.
After selecting the account type, and entering the routing and account numbers, and confirming their accuracy, you'll have a new external account ready to send money to. You'll also be able to make scheduled transfers once your external accounts are in place.
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.