State Farm Bank CD Rates

May 5, 2009

We here at Top CD Rates saw that we hadn’t looked at State Farm Bank, which many people aren’t aware isn’t just an insurance company. We thought we’d look at what kind of State Farm Bank certificate of deposit rates and terms are available.

All State Farm Bank certificate of deposit accounts require $500 to open and range from 90 day to 5 year terms. We are listing them here by annual percentage rate (APY). Two top CD rates specials are the one year and the 18 month CD accounts.

• 1 year: 2.54% APY
• 18 month: 2.71% APY

• 90 day: 1.11% APY
• 180 day: 1.57% APY
• 2 year: 2.02% APY
• 3 year: 2.16% APY
• 4 year: 2.89% APY
• 5 year: 2.98% APY

These State Farm CD rates are for standard State Farm Bank certificate of deposit accounts. For accounts over $100,000 in deposit, Jumbo CD rates apply. These top CD rates have the same special terms: 1 year and 18 months.

• 1 year: 2.55% APY
• 18 month: 2.73% APY

Otherwise, rates are about .02% higher than the standard top CD rates listed above. You can open any of these FDIC insured State Farm Bank CD rates by calling them directly or contacting a State Farm agent.

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