BANKING
These Savings Products Help You Stay Worry Free

State Farm Bank® deposit accounts are FDIC insured.

Open a Money Market Savings Account With Us Today

Best account for people who want to safely save for the future and earn a great interest rate. Open a new qualifying1 Money Market Savings Account and get a 0.25% Interest Rate Bonus for 9 months. Learn more about Bonus Rate Benefits - Introductory2

Features and Benefits

  • Competitive tiered interest rates with a minimum opening deposit of $1,000.
  • ATM fee rebates — $10 per statement cycle or unlimited with direct deposit.1
  • Online and mobile banking and tons of convenient features!

Fixed-Rate Certificate of Deposit

Best account for people who want stability and a competitive interest rate.

Features and Benefits

  • Open an account with only $500!2
  • 3 to 60 month terms available with interest compounded daily.
  • Get free online statements and automatic renewal.

Savings Account

Best account for people who want to grow their money safely.

Features and Benefits

  • Open an account for only $100.
  • ATM fee rebates — $10 per statement cycle.3
  • Online and mobile banking, and tons of convenient features!

Individual Retirement Account (IRA)

Best account for people who want tax advantages and to safely save for retirement.

Features and Benefits

  • Choose from IRA Certificate of Deposit or IRA Money Market Savings.
  • Choose from Traditional and Roth IRAs.

Education Savings Account (ESA)

Best account for people who want to invest in their child's education with tax benefits and a competitive interest rate.

Features and Benefits

  • Open an account for only $500!
  • Multiple terms available, ranging from 12 to 60 months.
  • This account is FDIC insured.

Health Savings Account (HSA)

Best account for people who want to save for future medical expenses with tax benefits, flexible access, and a competitive interest rate.

Features and Benefits

  • Pair with a high-deductible health insurance plan to save and pay for qualified medical expenses tax-free.
  • This account is FDIC insured.

Compare Accounts

Compare accounts to see which is right for you!

Money Market Savings Fixed-Rate CDs Savings Account
Minimum Balance Fee1 No fee with direct deposit No fee No fee with direct deposit
Checked Checked Checked
ATM Fee Rebate Eligible1 Checked Checked
Minimum Opening Deposit $1,000 $5002 $100
Checked
Checked Checked Checked
Checked Checked Checked

Special Offers on TurboTax® 2014

Get FREE TurboTax Deluxe Online (federal and state) if you're a State Farm Bank® or State Farm Mutual Funds® customer. Others can save up to $20 on TurboTax federal products!

Start TurboTax today and save

Open an Account

Get started in under 10 minutes.

1 Money Market Savings must be a Consumer account, not Trust, Estate, Uniform Transfer to Minors, or Business Accounts.

2 Initial Enrollment is automatic and will be completed the day after the account is reviewed and approved.

3 Refer to the Pricing Schedule for Consumer & Business Deposit Accounts and the Truth in Savings Disclosures for more details.

4 Minimum opening deposit for Fixed-Rate CD less than $100,000 is $500.

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

Federal Deposit Insurance Corporation Logo
Equal Housing Lender Logo