State Farm Federal Credit Union

Headquarters

One State Farm Plaza, Sa-1
Bloomington, IL 61710
See all branch locations →

Phone 1-888-521-5209

Notable Rates APY Vs.Others
Savings 1.51% 0.85% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

State Farm is an NCUA insured institution located in Bloomington, IL. It was founded in 1936 and has approximately $5460.41 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.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1273
Date Established 1936
Assets $5,460.41 million
Loans $874.16 million
Deposits $4,795.07 million
Capital $644.68 million
 

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 - November 29, 2021

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
1.51% $2,500 $4,999 Learn More

Variable IRA Rates APY MIN MAX
Var IRA
1.51% $1 $499 Learn MoreShow Less

Loan Rates - November 29, 2021

Your Current Location: Washington, WA 98109

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 - Washington 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.910% 2.875% 0.50 $1,140 $1,038 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$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:
Seattle,Washington


State Farm Locations



Climate Initiatives

STATE FARM is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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
0.34% 3.79

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, 2021, State Farm had $2,199,024 in non-current loans and $0 in owned assets. To cover these potential losses it had $644,681,945 in net worth and $3,488,938 in loans loss reserves. That gives it a Texas Ratio of 0.34%.

Net Worth
State Farm U.S. Average
11.8% 12.22%

State Farm FCU has a net worth of 11.8% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for STATE FARM


  • March 4, 2020

    Savings Rates

    Savings

  • March 4, 2020

    Savings Rates

    Savings

Add Your Review

Rate it here →