State Farm Bank® Truth in Savings Disclosures

State Farm Bank® deposit accounts are FDIC insured.

Consumer Deposit Accounts

Checking Account

  • This is a non-interest-bearing account.
  • Minimum opening deposit is $25.
  • No minimum balance required and no monthly balance fee.
  • This account may be subject to fees and charges. Refer to the Pricing Schedule for Consumer and Business Deposit Accounts.
  • There are no transaction limits on this account.
  • The initial order of checks is complimentary. The style and number of checks provided is determined by State Farm Bank in its sole discretion and may vary. The cost to You for reordering checks is dependent on the style of check You choose.
  • This account is intended for personal, family, or household purposes and cannot be used for business/commercial uses. If this account is being used for business/commercial purposes, We reserve the right to close the account. A sole proprietor, nonprofit organization, and a business account where the vested interest on the account are for the benefit of individual(s) such as a pension or profit sharing plan and governmental agencies, are eligible to maintain a Checking Account.
  • Convenient access to the account by check, ATM, point-of sale, mail, phone, or the Internet.
  • Account statements provided monthly.
  • Overdraft protection available.
  • Can be used as the "Protecting Account" for Overdraft Protection.

Business Deposit Accounts


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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® 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.

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