With our 10 Month CD, you'll know exactly how much you'll earn over a fixed term. Better rates available for Platinum and Platinum Plus Checking customers. This 25-Month CD allows for a longer period of investment with the same fixed rate and peace of mind over a fixed term. Better rates available for Platinum and Platinum Plus Checking customers. While its promotional CDs have more compelling rates, you can still find higher rates elsewhere. Even some online savings accounts will pay you more interest. Bank earned a 2.7 out of 5 in. Rates are effective as of and are subject to change without notice. You can call 800-588-6805 for current rate information. 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.
Product | Dividend Rate [1] | Annual Percentage Yield (APY) |
Share Savings Accounts | 1.00% | 1.01% |
IRA Savings Accounts | 1.00% | 1.01% |
Electronic Share Accounts | 1.00% | 1.01% |
Annual Percentage Yield is accurate as of February 1, 2021.
Dividends are compounded DAILY and declared at the beginning of each month and are credited and posted on the last day of the month.
[1] Share rates are subject to change monthly (such change to be effective on the first day of each month) to reflect any changes as declared by the Board of Directors of the State Farm Credit Union during the month preceding any such change.
The rate of 2.60% is 1.21% higher than the average 1.39%. Also it is 0.15% lower than the highest rate 2.75 Updated Aug, 2019 on State Farm Bank's secure website. What are State Farm's share account and share certificate rates? State Farm's deposit account rates are listed above. You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.