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 48th largest credit union in the nation. It was established in 1936 and as of September of 2018, it had grown to 139 employees and 125,983 members at 6 locations. State Farm Federal Credit Union's savings rates are 4X the national average, and it has 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||0.77%|
|Return on Equity - YTD||5.77%|
|Annual Interest Income||$62.9MM|
|Assets and Liabilities|
|Assets||Q3 2018vs Q3 2017||$4.10B$4.06B|
|Loans||Q3 2018vs Q3 2017||$915.2MM$925.5MM|
|Deposits||Q3 2018vs Q3 2017||$3.55B$3.52B|
|Equity Capital||Q3 2018vs Q3 2017||$547.0MM$539.5MM|
|Loan Loss Allowance||Q3 2018vs Q3 2017||$5.1MM$5.8MM|
|Unbacked Noncurrent Loans||Q3 2018vs Q3 2017||$5.1MM$4.7MM|
|Real Estate Owned||Q3 2018vs Q3 2017||$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|
|2.02%||$5||-||Share Savings Account|
|2.02%||-||-||IRA Savings Account|
|1.76%||-||-||Electronic Share Accounts|
|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|