Sole Proprietorship Account

Sole proprietorships are unincorporated businesses set up by an individual. Sole proprietorships often involve individuals “doing business as.” Examples: an independent contractor agent for an insurance company, or an individual operating a home-based business.


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Rates

ProductDividend RateAnnual Percentage Yield
Share Savings Accounts0.90%0.90%

Annual Percentage Yield is accurate as of November 1, 2021.

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 apply for a loan for business purposes
  • May list beneficiaries on the account

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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.