State Farm Bank is a consumer-oriented online bank focused on the full range of consumer financial products from checking and savings accounts to home and auto loans. State Farm Bank accounts are all online - no standing in line any time. Bank customer service is professional, dependable and available every hour of every day.
Connected to, complementing and backed by the familiar and trusted State Farm Insurance Corporation, State Farm Bank was formally created in November 1998 when it achieved thrift charter approval from the National Office of Thrift Supervision. It's a real bank with real financial services for individuals and small businesses.
State Farm Bank has no branch or downtown offices. The bank offers full customer service, whether it's information, opening an account or concluding a transaction. State Farm Insurance agents, who are located in almost every town in the United States, provide bank customer support – including face-to-face conversations. In addition, customers have total access to their accounts and all State Farm Bank products and services through the State Farm Bank website: www.statefarm.com/bank/bank.asp. The bank's online presence makes it open for business to you any time any day via your computer or smartphone. In addition to full service via the Internet and your local State Farm Insurance agent, State Farm Bank customer service is available from their telephone call center or by mail.
Just like you trust State Farm Insurance, State Farm Bank financial products and services are reputable, trustworthy and protected by the Federal Deposit Insurance Corporation (FDIC).
State Farm Bank accounts include standard checking accounts and interest-earning checking accounts. Savings accounts include standard savings accounts, money market accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), health savings accounts (HSAs) that work with high-deductible health insurance plans, and education savings account CDs that help people save for post-high school education.
State Farm Bank's loan possibilities include home mortgage loans, home equity loans, auto loans and a selection of Visa® credit cards.
In addition to customer online banking, the bank's Visa CheckCard, or debit card, lets you make purchases directly at any business that accepts Visa.
State Farm Bank customers can also make their transactions at any convenient local ATM machine that shows logos NYSE®, PLUS®, PULSE® or STAR®. Use of an ATM owned by State Farm Bank is free to bank customers; surcharges imposed by nonbank ATMs are reimbursed according to a published fee schedule.
State Farm Bank focuses on the range of personal banking products and services - and giving consumers control over their finances 24 hours a day by Internet, telephone, mail or your local State Farm Insurance agent.