State Farm Bank Savings Account Rates
A savings account help money to grow safely. Whether you are saving for a dream car, a long awaited vacation or the peace of mind on being ready for the unexpected; it is always your savings account that you can trust to fall back on. There are various other benefits of holding a savings account in reputed banks like the State Farm Bank.
Savings account in State Farm Bank offers online access and provides over draft protection for your Checking account. A savings account could be opened with just $100 and you get a $10 ATM rebate surcharge per statement cycle. High interest savings accounts are FDIC covered and monthly savings bank account statements are available in English and Spanish. There are various kinds of investment options in the State Farm Bank. They are the Certificate of Deposits(CDs), Individual Retirement Account (IRA), Coverdell Education Accounts (ESA), the Money Market, the IRA Money market Account, Interest checking account and the Savings account. Lets have a quick look at the interest rates offered by the State Farm Bank on its savings account.
For a balance of $0 to $24,999, the interest rate is 0.12% APY, for balance of $250,00 to $49,999, the State Farm Bank savings account rates are 0.17% APY, for a balance of $50,000 to $99,999, the interest rate is 0.72% APY, and for balance of $100,000 and above, the savings account rates at State Farm Bank are 0.81% APY respectively.
Under the Health Savings Account, for balance of $0 to $2,499, the State Farm Bank savings rates are 0.25% APY, for balance of $2,500 to $9,999, the interest rate is 0.81% APY and for a balance of $10,000 and above, the interest rate is 1.09% APY.