State Farm Bank CD Rates and Financial Information

State Farm Bank, F.S.B. Main Address and Contact Information

One State Farm Plaza E-6
Bloomington, Illinois 61710

State Farm Bank, F.S.B. FDIC Certification Number

34617

State Farm Bank

Website: https://www.statefarm.com/finances/banking/cds
Rating: StarStarStar  (3 out of 5)100

State Farm Bank CD Rates

Product APY Rate Min. Deposit
1 Year CD from State Farm Bank
State Farm Bank
2
1.98
3
100
1 yr CD 2.000% 1.980% $500.00
2 Year CD from State Farm Bank
State Farm Bank
2.35
2.32
3
100
2 yr CD 2.350% 2.320% $500.00
3 Year CD from State Farm Bank
State Farm Bank
2.75
2.71
3
100
3 yr CD 2.750% 2.710% $500.00
5 Year CD from State Farm Bank
State Farm Bank
3.1
3.05
3
100
5 yr CD 3.100% 3.050% $500.00
4 Year CD from State Farm Bank
State Farm Bank
2.85
2.81
3
100
4 yr CD 2.850% 2.810% $500.00

State Farm Bank Jumbo CD Rates

Product APY Rate Min. Deposit
1 Year jumbo CD from State Farm Bank
State Farm Bank
2
1.98
3
100
1 yr jumbo CD 2.000% 1.980% $100,000.00
5 Year jumbo CD from State Farm Bank
State Farm Bank
3.1
3.05
3
100
5 yr jumbo CD 3.100% 3.050% $100,000.00
2 Year jumbo CD from State Farm Bank
State Farm Bank
2.35
2.32
3
100
2 yr jumbo CD 2.350% 2.320% $100,000.00
3 Year jumbo CD from State Farm Bank
State Farm Bank
2.75
2.71
3
100
3 yr jumbo CD 2.750% 2.710% $100,000.00
4 Year jumbo CD from State Farm Bank
State Farm Bank
2.85
2.81
3
100
4 yr jumbo CD 2.850% 2.810% $100,000.00

State Farm Bank IRA CD Rates

Product APY Rate Min. Deposit
1 Year IRA CD from State Farm Bank
State Farm Bank
2
1.98
3
100
1 yr IRA CD 2.000% 1.980% $500.00
2 Year IRA CD from State Farm Bank
State Farm Bank
2.35
2.32
3
100
2 yr IRA CD 2.350% 2.320% $500.00
3 Year IRA CD from State Farm Bank
State Farm Bank
2.75
2.71
3
100
3 yr IRA CD 2.750% 2.710% $500.00
5 Year IRA CD from State Farm Bank
State Farm Bank
3.1
3.05
3
100
5 yr IRA CD 3.100% 3.050% $500.00
4 Year IRA CD from State Farm Bank
State Farm Bank
2.85
2.81
3
100
4 yr IRA CD 2.850% 2.810% $500.00

State Farm Bank Jumbo IRA CD Rates

Product APY Rate Min. Deposit
2 Year jumbo IRA CD from State Farm Bank
State Farm Bank
2.35
2.32
3
100
2 yr jumbo IRA CD 2.350% 2.320% $100,000.00
5 Year jumbo IRA CD from State Farm Bank
State Farm Bank
3.1
3.05
3
100
5 yr jumbo IRA CD 3.100% 3.050% $100,000.00
1 Year jumbo IRA CD from State Farm Bank
State Farm Bank
2
1.98
3
100
1 yr jumbo IRA CD 2.000% 1.980% $100,000.00
3 Year jumbo IRA CD from State Farm Bank
State Farm Bank
2.75
2.71
3
100
3 yr jumbo IRA CD 2.750% 2.710% $100,000.00
4 Year jumbo IRA CD from State Farm Bank
State Farm Bank
2.85
2.81
3
100
4 yr jumbo IRA CD 2.850% 2.810% $100,000.00
Rates Updated: 12/10/2018

Articles Related to State Farm Bank

This Past Week's CD Rate Changes

Eight banks and one credit union in our database changed some of their CD rates this past week. Most of the CD rate changes were higher, which was nice to see. EverBank CD rates were changed more than once this past week, the most recent changes are at the top of the rate list below.

There is some good news regarding bank CD rates possibly moving higher in the near future. Despite September's employment numbers being slightly weaker than expected, CNBC reported the probability of a fed rate hike moved higher this morning. CNBC is basing their report on the CME Group's FedWatch Tool. The tool is used to track the market's expectation of a rate hike. Before the employment report, the probability of a December rate hike was at 63.9 percent. After Friday's report was released, it moved up to 70.2 percent.

If there is a December rate hike, it will most likely be 25 basis points. This hike might entice banks to increase their short term and intermediate term CD rates. If there is a rate hike, we won't see all banks and credit union increase their CD rates. It's likely that some online banks with the highest current CD rates will increase their rates.

The best CD rates on our 1 year certificates of deposit rate list are currently at 1.30 percent. A 0.25 percent fed fund rate hike might send the best 1 year rates towards 1.50 percent. It's been several years since we've seen 1 year rates as high as 1.50 percent.

This past week's CD rate changes are listed below.

Bank or Credit Union

ProductRate (New / Old)Yield (New / Old)
EverBank3 month CD0.65 / 0.690.65 / 0.69
EverBank1 yr CD1.23 / 1.21.24 / 1.21
EverBank2 yr CD1.45 / 1.41.46 / 1.41
EverBank3 yr CD1.59 / 1.551.6 / 1.56
EverBank5 yr CD1.87 / 1.791.89 / 1.81
EverBank3 month jumbo CD0.65 / 0.690.65 / 0.69
EverBank1 yr jumbo CD1.23 / 1.21.24 / 1.21
EverBank5 yr jumbo CD1.87 / 1.791.89 / 1.81
EverBank2 yr jumbo CD1.45 / 1.41.46 / 1.41
EverBank3 yr jumbo CD1.59 / 1.551.6 / 1.56
EverBank4 yr CD1.7 / 1.651.71 / 1.66
EverBank4 yr jumbo CD1.7 / 1.651.71 / 1.66
California First National Bank1 yr CD1.17 / 1.191.18 / 1.2
California First National Bank1 yr jumbo CD1.17 / 1.191.18 / 1.2
State Farm Bank5 yr CD1.69 / 1.591.7 / 1.6
State Farm Bank5 yr jumbo CD1.69 / 1.591.7 / 1.6
Discover Bank5 yr jumbo IRA CD1.74 / 1.831.76 / 1.85
Luana Savings Bank4 yr jumbo CD1.35 / 1.41.36 / 1.41
Astoria Bank2 yr CD0.95 / 0.750.95 / 0.75
Astoria Bank5 yr CD1.39 / 1.241.4 / 1.25
Pentagon Federal Credit Union1 yr CD1.2 / 11.21 / 1.01
Pentagon Federal Credit Union2 yr CD1.3 / 1.151.31 / 1.16
Pentagon Federal Credit Union3 yr CD1.3 / 1.151.31 / 1.16
Pentagon Federal Credit Union5 yr CD1.3 / 1.21.31 / 1.21
Pentagon Federal Credit Union4 yr CD1.3 / 1.151.31 / 1.16
Capital One 360 Bank6 month CD0.4 / 0.90.4 / 0.9
Capital One 360 Bank1 yr CD0.75 / 0.90.75 / 0.9
Capital One 360 Bank6 month jumbo CD0.4 / 0.90.4 / 0.9
Capital One 360 Bank1 yr jumbo CD0.75 / 0.90.75 / 0.9
Capital One 360 Bank9 month CD0.4 / 0.90.4 / 0.9
Capital One 360 Bank9 month jumbo CD0.4 / 0.90.4 / 0.9
KS StateBank1 yr jumbo CD1.15 / 11.16 / 1
EverBank3 month CD0.69 / 0.70.69 / 0.7
EverBank2 yr CD1.4 / 1.451.41 / 1.46
EverBank3 yr CD1.55 / 1.591.56 / 1.6
EverBank5 yr CD1.79 / 1.891.81 / 1.91
EverBank3 month jumbo CD0.69 / 0.70.69 / 0.7
EverBank5 yr jumbo CD1.79 / 1.891.81 / 1.91
EverBank2 yr jumbo CD1.4 / 1.451.41 / 1.46
EverBank3 yr jumbo CD1.55 / 1.591.56 / 1.6
EverBank4 yr CD1.65 / 1.761.66 / 1.78
EverBank4 yr jumbo CD1.65 / 1.761.66 / 1.78
Home Savings Bank6 month CD0.5 / 0.30.5 / 0.3
Home Savings Bank1 yr CD1 / 0.91 / 0.9
Home Savings Bank2 yr CD1.24 / 1.091.25 / 1.1
Home Savings Bank3 yr CD1.49 / 1.191.5 / 1.2
Home Savings Bank5 yr CD1.88 / 1.831.9 / 1.85
Home Savings Bank6 month jumbo CD0.5 / 0.30.5 / 0.3
Home Savings Bank1 yr jumbo CD1 / 0.91 / 0.9
Home Savings Bank5 yr jumbo CD1.88 / 1.831.9 / 1.85
Home Savings Bank18 month CD1.04 / 0.951.05 / 0.95
Home Savings Bank2 yr jumbo CD1.24 / 1.091.25 / 1.1
Home Savings Bank18 month jumbo CD1.04 / 0.951.05 / 0.95
Home Savings Bank3 yr jumbo CD1.49 / 1.191.5 / 1.2
Home Savings Bank4 yr CD1.69 / 1.491.7 / 1.5
Home Savings Bank4 yr jumbo CD1.69 / 1.491.7 / 1.5
    Read more...
State Farm Bank Money Market Account Rates now at 0.30%
State Farm Bank Money Market Account rates are now at 0.30 percent with a yield of 0.30 percent. View current Money Market Account rates at State Farm Bank below.     Read more...
State Farm Bank Savings Rates now at 0.10%
State Farm Bank Savings rates are now at 0.10 percent with a yield of 0.10 percent. View current Savings rates at State Farm Bank below.     Read more...
Nationwide Bank Raises Regular and Jumbo CD Rates

Nationwide Bank raised their CD rates on both regular and jumbo 2 and 3 year certificate of deposit. The new current jumbo rates are 0.05 percent higher than the new regular rates. With these increases, Nationwide Bank's 2 year and 3 year rates are now in the top 5 rates available on our CD rate lists.

Check on current CD rates for all CD terms on our rate lists at MonitorBankRates.com.

The new regular 2 year CD rate is at 1.45 percent with a yield of 1.46 percent. The 2 year rate was increased from 1.40 percent with a yield of 1.41 percent. Nationwide's rate is now tied with AloStar Bank of Commerce for the third highest 2 year rate on the list.

2 year jumbo CD rates were increased to 1.50 percent with a yield of 1.51 percent. The 3 year jumbo rate was increased from 1.45 percent with a yield of 1.46 percent. Nationwide's 3 year jumbo rate is now the best 3 year rate on our rate list.

3 year rates were increased from 1.58 percent with a yield of 1.59 percent to 1.64 percent with a yield of 1.65 percent. This increase places Nationwide's rate in fourth place on our 3 year rate list.

3 year jumbo rates were increased to 1.69 percent with a yield of 1.70 percent. The rate was increased from 1.63 percent with a yield of 1.64 percent. Nationwide's 3 year jumbo rate it now tied with State Farm Bank and EverBank for first place on our 3 year jumbo rate list.

    Read more...
CD Rate Report July 9, 2015 - Best 1 Year CD Rate Remains at 1.25 Percent
This past week we had 8 banks in our database increased their CD rates and 1 bank that lowered their CD rate. There are new top rates on the 2 year rate list and 3 year rate list.     Read more...
Average Certificate of Deposit Rates First Week of 2015
Average 5 year certificate of deposit rates increased to 1.83 percent, up 1 basis point from last week's average rate. The current average 1 year rate is at 0.99 percent and the average 2 year rate is at 1.20 percent. The best 1, 2 and 5 year rates on our rate tables also remained unchanged this week. You can view a list of the best CD rates below.     Read more...
CD Rates Move Higher This Week, Average 1 Year Rates Now at 1.00 Percent
CD rates are on the move again this week as banks and credit unions increase rates. Higher CD rates have driven average 1 year CD rates above 1.00 percent last week, which is the highest for average 1 year rates in several years. Average 1 year rates fell 1 basis point to 1.00 percent this week but the average rate will move higher in the coming weeks and months.     Read more...
Top Certificate of Deposit Rates | October 7, 2014
Listed below are the top short term and long term certificate of deposit rates for October 7, 2014:     Read more...
A Dozen Banks Now Offering 12 Month Rates at or Above 1.00% APY
Colorado Federal Savings Bank has joined Synchrony Bank with the top rate this week, offering the highest 1 year rate available at 1.09 percent with an APY of 1.10 percent.  We also have a dozen banks on our CD rate table offering 12 month CD rates at or above 1.00 percent.     Read more...
Banks Raising CD Rates: Best Rates July 5, 2014
More and more banks are starting to increase the rates they pay on certificates of deposit. The increases are not large or widespread but nonetheless moving higher. Any across the board increase will have to wait until the Federal Reserve Bank increases the federal funds rate. Listed below are the highest CD rates this week for certificates of deposit with terms of 3 months to 5 years.     Read more...

Compare State Farm Bank's CD Rates With Other Bank Rates Below

State Farm Bank, F.S.B. Financials

Total Assets: $14,455,112,000
Total Deposits: $9,667,146,000
Equity Capital: $1,656,534,000
Domestic Deposits: $9,667,146,000
Net Income: $8,575,000
Net Income (Quarterly): $8,575,000
Headquarters:
FDIC Field Office: Champaign
Regulator: OCC
County: Mclean
# of Offices: 1
Metropolitan Statistical Area (MSA): Bloomington-Normal, IL
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region: Central
FDIC Region: Chicago
Last Updated: 2011-07-21
Source: FDIC