State Farm Bank is giving future and current customers reasonable money market rates; however, they have lowered some since our last report:
- $0 to $99 – 0.00% APY
- $100 to $9,999 – 1.01% APY
- $10,000 to $24,999 – 1.16% APY
- $25,000 to $49,999 – 1.26% APY
- $50,000 to $99,999 – 1.35% APY
- $100,000 and over – 1.55% APY
Other features of the account remain the same:
- Six transfers permitted each month
- 24-hour account access
- Use as overdraft protection for checking or high-yield checking account
- Blue Specialty checks are free
To open the account a minimum of $1,000 is required; and a minimum balance of $100 is required to earn interest, which is compounded daily and credited to accounts monthly.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
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