State Farm Federal Credit Union is headquartered in Bloomington and is the 3rd largest credit union in the state of Illinois. It is also the 42nd largest credit union in the nation. It was established in 1936 and as of September of 2017, it had grown to 150 employees and 129,850 members at 6 locations. State Farm Federal Credit Union's savings rates are 2X the national average, and it boasts an A+ health rating.
Membership in State Farm Federal Credit Union is open to employees, retirees, and agents of U.S. State Farm and their family.
See current membership details
We have had an account with State Farm Credit Union for over 15 years. My husband is an employee of the company and it is very convenient to use them. We have access to them online or my husband's office has a Credit Union counter in it so we can also go there in person. We have multiple savings accounts with them as well as a line of credit. There rates for borrowing cannot be beat and their interests rates on savings accounts are on par with other banks and financial institutions. We choose to have almost all of our savings there because we feel it is better protected at the credit union verses an regular bank. We never have an issue transferring money or getting a check issued to us on the same day. We also have easy access to deposit and transfer money into the account. Most electronic transfers all happen with twenty four hours. I do not see us moving our savings anytime soon due to our satisfaction with State Farm credit union.
|Return on Assets - YTD||0.7%|
|Return on Equity - YTD||5.22%|
|Annual Interest Income||$52.4MM|
|Assets and Liabilities|
|Assets||Q3 2017vs Q3 2016||$4.06B$4.00B|
|Loans||Q3 2017vs Q3 2016||$925.5MM$923.4MM|
|Deposits||Q3 2017vs Q3 2016||$3.52B$3.46B|
|Equity Capital||Q3 2017vs Q3 2016||$539.5MM$525.1MM|
|Loan Loss Allowance||Q3 2017vs Q3 2016||$5.8MM$6.1MM|
|Unbacked Noncurrent Loans||Q3 2017vs Q3 2016||$4.7MM$3.2MM|
|Real Estate Owned||Q3 2017vs Q3 2016||$0$0|
Always verify rates and promotions with the bank or credit union. We are not State Farm Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|1.26%||-||-||Share Savings Account|
|1.26%||-||-||IRA Savings Account|
|State Farm Federal Credit Union Locations|
|Branch Office||400 E Rio Salado Pkwy||Tempe, AZ 85281-0802|
|Branch Office||11350 Johns Creek Pkwy||Duluth, GA 30098-0001|
|Branch Office||3 State Farm Plz K-1||Bloomington, IL 61791-0001|
|Branch Office||1 State Farm Plz SB-1||Bloomington, IL 61710-0001|
|Branch Office||1201 State St Suite 1000||Richardson, TX 75082|
|Branch Office||1415 State St suite 1000||Richardson, TX 75082|