Corporation Account

A corporation is a formally organized entity that is created in accordance with state law. To legally qualify as a corporation, the business must file Articles of Incorporation with the Secretary of State.


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Rates

ProductDividend RateAnnual Percentage Yield
Share Savings Accounts1.75%1.77%

Annual Percentage Yield is accurate as of November 1, 2022.

Dividends are compounded DAILY and declared at the beginning of each month and are credited and posted on the last day of the month.

Share rates are subject to change monthly (such change to be effective on the first day of each month) to reflect any changes as declared by the Board of Directors of the State Farm Credit Union during the month preceding any such change.

Features & Benefits

  • Competitive rates means better returns
  • Able to open Secondary Share Accounts
  • Able to apply for a loan for business purposes*



*Loans in the name of a corporation or business also require a natural person co-borrower (example:  John Smith State Farm Insurance Agency and John Smith). The aggregate total of a loan for business purposes cannot exceed $49,999.  For more information view the Business Loans tab of  FAQs – Loans.

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Why choose SFFCU?

Get these benefits when you save with us.

Great Rates
We offer the same competitive rates regardless of the balance.
24-Hour Access
Online & mobile banking give you access to your accounts anytime, anywhere.
Convenience
Payroll deduction makes saving automatic.
Personalized Service
We care! State Farm employees helping fellow State Farm associates.
Security
Shares are secured by the NCUA.
Achieve Financial Goals
Multiple share savings account options help meet your savings needs.