When to use a wire transfer – A wire transfer allows you to send or receive funds electronically, rather than by check or cash. Wires are generally used when funds are needed quickly (the same or next business day) and for one-time transactions. (See also – When to use an ACH transfer.)

 Wire Transfer Fee – Refer to the current Rate and Fee Schedule for wire transfer fees. Your receiving financial institution may also charge you a fee to accept or send wires.

Outgoing Wire Transfers

Minimum Wire Transfer – the minimum wire transfer amount is $500. 

Transaction cut-off time – Outgoing wire transfer requests received after 2:00 p.m. Central Time will be processed on the next business day.

To initiate an outgoing wire, you will need to complete a Wire Transfer Authorization Form. If you do not have an Authorization Form on file, please contact your branch.

Incoming Wire Transfers

Minimum Wire Transfer - No minimum amount for an incoming wire transfer

Transaction cut-off time – Incoming wire transfers received after 3:00 p.m. Central Time will be processed on the next business day.

Incoming wire transfer instructions:

State Farm Federal Credit Union 
1 State Farm Plaza
Bloomington, IL  61710

Routing/ABA: 271176200
Credit Account: 271176200 State Farm Federal Credit Union 
Further Credit/Beneficiary Account: Member number and name

If you have any questions concerning incoming wire transfers to the credit union, please contact your branch.