STATE FARM

One State Farm Plaza, SB-1
Bloomington, IL 61710

Phone: 1-888-521-5209

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 1273
Date Established 1936
Assets $4,082.54 million
Loans $913.31 million
Deposits $3,530.25 million
Capital $569.25 million

State Farm is an NCUA insured institution located in Bloomington, IL. It was founded in 1936 and has approximately $4082.54 millions in assets.

Who can join?

Membership in the State Farm Federal Credit Union is open to all U.S. State Farm employees, agents, retirees, and members of their immediate families.

Immediate family member eligibility is defined as:

Legally married spouse

Never married children, stepchildren, court appointed foster or guardian/custodial children, legally adopted children, and children of divorced members, under the age of 25 who receive more than 50% of their annual support from the parent/guardian/custodian and are either
living under the same roof and in the same household as the member or parent/guardian/custodian, or
attending school full time

Children incapable of self-sustaining employment over the age of 25 living in the same household who receive more than 50% of their annual support from their parents/guardian/custodian.

Field of Membership Restrictions

Membership in State Farm Federal Credit Union is open to employees, retirees, and agents of U.S. State Farm and their family.

Deposit Rates - February 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Learn more about these great rates:

2.45% APY Savings Builder from CIT Bank

Variable IRA Rates APY MIN MAX
Var IRA
2.02% $5 - Learn MoreShow Less

Loan Rates - February 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for STATE FARM

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to STATE FARM
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are State Farm branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


State Farm Locations

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Financial Details

State Farm Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Farm. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
State Farm U.S. Average
1.33% 5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, State Farm had $7,622,284 in non-current loans and $0 in owned assets. To cover these potential losses it had $569,248,779 in net worth and $5,299,233 in loans loss reserves. That gives it a Texas Ratio of 1.33%.

Net Worth
State Farm U.S. Average
13.94% 13.21%

State Farm FCU has a net worth of 13.94% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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*All images, logos and public notes on this page appear courtesy of STATE FARM and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.