State Farm Bank Ups CD Rates
State Farm Bank CD rates, which were around the middle of the pack as far as rates goes, were increased. The CD rate increases at State Farm Bank were on intermediate term CDs from 1 year to 30 months. The largest CD rate increase was on their 30 month certificates of deposit which was increased by 60 basis point, or 0.60 percent. 30 month CD rates at State Farm Bank were increased from 2.27 percent with an APY of 2.30 percent to 2.86 percent with an APY of 2.90 percent.
Other CD rate increases at State Farm Bank were 15 basis points, or 0.15 percent. 1 year CD rates at State Farm Bank were increased from 1.98 percent with an APY of 2.00 percent to 2.13 percent with an APY of 2.15 percent.
2 year CD rates at State Farm Bank were increased from 2.32 percent with an APY of 2.35 percent to 2.47 percent with an APY of 2.50 percent.
These CD rate increases at State Farm Bank are on regular CDs jumbo CDs, IRA CDs, and jumbo IRA CDs.
As with any CD account, there are early withdrawal penalties. State Farm Bank's early CD withdrawal penalties are as follows:
State Farm Bank CD Account Benefits:
To get the best deal on a CD account see how other CD rates at banks compare to State Farm Bank CD Rates.
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