- State Farm Cd Rates Today
- State Farm Bank Money Market Rates
- State Farm Cd Rates
- State Farm Cd Rates Current Accounts
This online rate sheet does not include all products offered by KS StateBank. For additional product and rate information, please call or stop by a branch.
| Interest Rate | APY | Minimum to Open | Notes | |
|---|---|---|---|---|
| Checking PLUS | 1.49% | 1.50% | $100 | Assuming all requirements are met within the statement cycle for balances up to $25,000; interest rate on balances over $25,000 is 0.20%, 0.20% APY. If qualifications are not met, interest rate drops to 0.15%, 0.15% APY on all balances. |
| Simple Savings | 0.15% | 0.15% | $100 | |
| Advantage Money Market ($0.01-$2,499.99) | 0.15% | 0.15% | $2,500 | |
| Advantage Money Market ($2,500-$24,999.99) | 0.20% | 0.20% | $2,500 | |
| Advantage Money Market ($25,000-$99,999.99) | 0.20% | 0.20% | $2,500 | |
| Advantage Money Market ($100,000 and over) | 0.20% | 0.20% | $2,500 | |
| 1 Year CD | 0.30% | 0.30% | $500 | |
| 1 Year Jumbo CD -- Internet Only Special | 0.30% | 0.30% | $100,000 | Must be opened online. Not available as an IRA. Cannot be opened in the name of a trust. Consumer accounts only. |
| 18 Month Jumbo CD -- Internet Only Special | 0.27% | 0.27% | $100,000 | Must be opened online. Not available as an IRA. Cannot be opened in the name of a trust. Consumer accounts only. |
| 2 Year CD | 0.35% | 0.35% | $500 | |
| 2 Year Jumbo CD -- Internet Only Special | 0.35% | 0.35% | $100,000 | Must be opened online. Not available as an IRA. Cannot be opened in the name of a trust. Consumer accounts only. |
| 27 Month Jump Up CD | 0.30% | 0.30% | $1,000 | Jump Up option allowed one time during term of CD if rate of same term/product goes up. Requests for “jump” can be submitted only in person, by telephone or by Online Banking Secure Message. |
| 3 Year CD | 0.40% | 0.40% | $500 | |
| 3 Year Jumbo CD -- Internet Only Special | 0.40% | 0.40% | $100,000 | Must be opened online. Not available as an IRA. Cannot be opened in the name of a trust. Consumer accounts only. |
| 4 Year CD | 0.50% | 0.50% | $500 | |
| 4 Year Jumbo CD -- Internet Only Special | 0.50% | 0.50% | $100,000 | Must be opened online. Not available as an IRA. Cannot be opened in the name of a trust. Consumer accounts only. |
| 5 Year CD | 0.60% | 0.60% | $500 | |
| 5 Year Jumbo CD -- Internet Only Special | 0.60% | 0.60% | $100,000 | Must be opened online. Not available as an IRA. Cannot be opened in the name of a trust. Consumer accounts only. |
| 7 Year CD | 0.75% | 0.75% | $500 |
- How State Farm’s CD rates compare. While State Farm Bank offers a low minimum account deposit to open a CD, better CD rates can be found elsewhere. We’d suggest shopping around to find a higher interest rate CD, or investing your money in a different type of account.
- Find the best CD rates by comparing national and local rates. A Certificate of Deposit is a type of savings account that has a set interest rate and withdrawal date. Typically, CD interest rates.
Based on current trends, State Farm is working to reduce auto rates in every state. The national average for those rate reductions is 11%, saving customers a total of approximately $2.2 billion. Rate changes in some states are subject to regulatory approval and customer rate reductions will vary based on their individual renewals. Available nationwide, State Farm Bank has 0.75% APY Rate for the Money Market account.Read below for more information on their attractive rates and accounts.
Individual Retirement Accounts (IRAs) are available in branch only, and are not available for online account opening.
FOR ALL ACCOUNTS LISTED: APY means Annual Percentage Yield. Rates are effective as of 11/20/2020 and are subject to change without notice. You can call 800-588-6805 for current rate information. APY assumes the interest rate remains constant and all interest is credited to the account monthly. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). If an interest bearing account is closed before the interest is credited, you will receive the accrued interest. Certain restrictions may apply. Fees may reduce your earnings.
CHECKING PLUS: The statement cycle cutoff date is the 5th of each month (or the first business day thereafter if the 5th falls on a weekend or holiday). Interest rate and Annual Percentage Yield (APY) may change after the account is open. The minimum balance to obtain the APY is $0.01. The daily balance method is used to calculate interest. This method applies a daily periodic rate to the principal in the account each day. Avoid the $2 Paper Statement fee for this account by signing up for Online Banking and E-Statements or by maintaining a balance of $5,000 or more.
SIMPLE SAVINGS: Interest rate and Annual Percentage Yield (APY) may change after the account is open. The minimum balance to obtain the APY is $0.01. The daily balance method is used to calculate interest. This method applies a daily periodic rate to the principal in the account each day. Avoid the $2 Paper Statement fee for this account by signing up for Online Banking and E-Statements.
ADVANTAGE MONEY MARKET: Interest rate and Annual Percentage Yield (APY) may change after the account is open. The minimum balance to obtain the APY is $0.01. The daily balance method is used to calculate interest. This method applies a daily periodic rate to the principal in the account each day. Avoid the $2 Paper Statement fee for this account by signing up for Online Banking and E-Statements.
CERTIFICATES OF DEPOSIT: The daily balance method is used to calculate interest. This method applies a daily periodic rate to the principal in the account each day. Interest will be compounded quarterly and will be credited to the account quarterly. You may be charged a substantial penalty for early withdrawals. Jump Up option allowed one time during term of the Jump Up CD if rate of same term/product goes up. Requests for “jump” can be submitted only in person, by telephone or by Online Banking Secure Message.
When, where, and how you want
When you’re looking for help to achieve your financial goals, we want to be your first and best choice.
Learn more about:
Achieve your financial goals
We’re excited to introduce you to new products later this year that allow you to bank when, where, and how you want, thanks to an all-new alliance between U.S. Bank and State Farm®. Now, you’ll be able to apply for checking, savings, CDs and CD-IRAs online, or through your local State Farm agent.
Checking accounts
Our alliance with U.S. Bank means we’ll offer a range of new U.S. Bank checking options, including accounts with no monthly maintenance fees for those who qualify.
Savings accounts
Meet your savings goals and earn interest with U.S. Bank savings and money market options that can put your financial goals within reach.
CDs
Save your money and watch it grow. Get certificate of deposit (CD) accounts with a range of minimum opening deposits and competitive returns.
Retirement CDs
Take advantage of low-risk investing with an individual retirement account that invests in CDs and provides guaranteed returns with locked-in rates.
State Farm Cd Rates Today
Credit cards
State Farm Bank Money Market Rates
Starting in 2021, we’ll bring you U.S. Bank credit cards with cash back on purchases, no annual fees, and other exciting features.
Vehicle loans
As we transition to our alliance with U.S. Bank, State Farm has temporarily suspended offering new vehicle loans. However, we anticipate offering these loans again in the near future.
State Farm Cd Rates
For information regarding current State Farm Bank loans, view here.
Home loans that
work for you
State Farm works with Quicken Loans® to help more customers in more ways by offering Quicken Loans mortgage options through mortgage licensed State Farm agents.
Get an agent who gets you
A State Farm agent can provide you with information to help you choose the right products and options. And with thousands of agents throughout the U.S., chances are there’s one near you.
Deposit products offered by U.S. Bank National Association. Member FDIC.
State Farm Cd Rates Current Accounts
Mortgage loans offered by Quicken Loans, LLC; NMLS #3030; www.NMLSConsumerAccess.org. Equal Housing Lender. Licensed in 50 states.