FDIC Limits

State Farm Bank® deposit accounts are FDIC insured.

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that insures deposits in banks and savings associations by monitoring and addressing risks to the deposit insurance fund. FDIC deposit insurance is backed by the full faith and credit of the United States government. Since the FDIC was established, no depositor has lost a single penny of FDIC-insured funds as a result of a bank or savings association failure.

FDIC insurance covers funds in deposit accounts, including checking and savings accounts, money market savings accounts and certificates of deposit (CDs). There is no need for depositors to apply for FDIC insurance or to request it; coverage is automatic. FDIC insurance does not, however, cover other financial products and services that an FDIC insured savings association or its affiliates may offer, such as securities, bonds, mutual fund shares, life insurance policies, or annuities.

To ensure funds are fully protected, depositors should understand their coverage limits. The FDIC provides separate coverage for deposits held in different account ownership categories. The coverage limits shown in the chart below refer to the total of all deposits that an accountholder has in the same ownership categories at each FDIC-insured bank or savings association. The chart shows only the most common ownership categories, and assumes all FDIC requirements are met.

Basic FDIC Deposit Insurance Coverage Limits

For more information about FDIC insurance coverage of transaction accounts, visit

If you have additional questions about FDIC coverage limits and requirements you may also call the FDIC toll free at 877-ASK-FDIC, or call State Farm Bank toll free at 877-SF4-BANK (877-734-2265).

State Farm Bank, F.S.B., 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.

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