SuperMoney 

State Farm Checking Account

in Checking Accounts

Unaffiliated Visit Site

State Farm Checking Account

Unaffiliated

in Checking Accounts

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend State Farm Checking Account to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Overview

Where does State Farm Checking Account do business?

State Farm Checking Account is based in Bloomington, IL. It was founded in 1922 and offers checking accounts services in 50 states (and Washington, DC).

State Farm Checking Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts up to $250,000 per depositor if a member institution fails.

What APY does State Farm offer?

State Farm Checking Account offers an APY of .25% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $500.

What features and perks does State Farm Checking Account offer?

This account includes the following features:

  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks. Typically there is a limit to how much you can claim for these costs, so check the fine print if you plan to make multiple withdrawals within one month.
  • Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay bills easily from your account.
  • Mobile Banking - State Farm Checking Account allows you to manage your money on the go without ever having to step in a brick-and-mortar bank. This includes depositing checks in your account with your smartphone.

What fees does State Farm Checking Account charge?

This account charges a monthly maintenance fee of up to $10.

  • Outgoing domestic bank transfers come with a $15 fee.
  • Outoing international bank transfers come with a $35 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $15 fee.
  • State Farm Checking Account charges $5 every time you request a paper statement.
  • Every returned deposit incurs in a $5 charge.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance
$500
Minimum Initial Deposit
$25
No Fees
ATM Fee: In-Network
$0
ATM Fee: Out-of-Network
$0
Early Account Closure
$0
Debit Card Replacement Fee
$0
Online Bill Pay Fee
$0
Wire Transfer Fee - Domestic (Incoming)
$0
List of Fees
Monthly Fee
$0 - $10
Paper Statement Fee
$5
NSF Fee
$25
Overdraft Protection Fee (per transfer)
$3
Overdraft Item Fee
$25
Returned Deposit Fee (Domestic)
$10
Stop Payment Fee
$25
Foreign Transaction Fee (Debit Card)
3%
Wire Transfer Fee - Domestic (Outgoing)
$15
Wire Transfer Fee - International (Outgoing)
$35
Wire Transfer Fee - International (Incoming)
$15
Returned Deposit Fee (International)
$10
Bank Account Features
  • ATM Reimbursement
  • Bauer Financial A+/A Rating
  • Debit Card
  • Free Bill Pay
  • IRAs
  • Mobile Banking
  • Mobile Check Deposit
  • No ATM Fees
Percentage
APY
0.25%
  0% 5%

Be the first to rate

 
 

Would you recommend State Farm Checking Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Checking Accounts