Glen - check out the rate which State Farm Bank pays on money market balances over $100k. State Farm Bank has a very large asset size and is rated highly by independent rating companies. An account comes with ATM card - free use at any machine by any ATM provider - comes with wire and electronic transfers in and out, comes with personal service and online account access. In addition, any State Farm agent can overnight a deposit to the Bank if you stop in with money or check needing to be deposited.
We have three joint owners listed on the account and anyone of us can control the account even if one of the owners dies.
State Farm Bank, F.S.B. Financial Size:
Assets $14.15 billion
Loans $10.09 billion
Deposits $9.69 billion
Capital $1.70 billion
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