Get closer to your financial goals with the advantages of banking products from U.S. Bank.
Certificate of deposit
CD Special
Get better returns by locking in a promotional rate. The CD special account requires a $1,000 minimum deposit.1 2
Select your state and county in order to view rates.
CHOOSE YOUR ANNUAL PERCENTAGE YIELD .3
Checking
U.S. Bank Smartly® Checking
Easy, fast, secure and no fee for State Farm®customers – apply in under five minutes with an opening deposit of $25.
Key benefits
Enjoy discounts, fee waivers and more with no balance requirements for State Farm customers automatically enrolled in
U.S. Bank Smart Rewards®.4
No-fee overdraft protection transfers from a linked deposit account, $50 overdrawn Available Balance safety threshold and Overdraft Fee Forgiven program5
No ATM transaction fees at U.S. Bank ATMs or for the first four non-U.S. Bank transactions per statement period6
See other checking options.
Safe Debit Account
Savings
Elite Money Market Account
3.50% Annual Percentage Yield (APY) on balances between $25,000 and $499,999.997
Key benefits
$0 monthly maintenance fee for 12 months for State Farm customers. Or enjoy no Monthly Maintenance Fee when you are automatically enrolled in Smart Rewards® with a U.S. Bank Smartly® Checking account.8
U.S. Bank's award winning mobile app can be used to manage cash easily, move money safely and save and spend wisely.9
Get the added protection of the Federal Deposit Insurance Corporation (FDIC) insurance up to $250,000.10
See other savings options.
Bank Smartly Savings Retirement Money Market
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$1,000 minimum opening deposit up to a maximum of $250,000.
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Offer good for the initial term only. CD is automatically renewed for the same term. The rate is determined based on the published rate for the CD, excluding CD Specials, that is closest to but not exceeding the term of the CD. Advertised rate and APY are offered at the bank's discretion and may change daily.
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Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the term of the certificate. All interest payments for the APY will be made at the end of the term or annually, whichever occurs first. Penalty will be imposed for early withdrawal. Fees could reduce earning on the account.
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As a State Farm Alliance customer, you will be automatically enrolled into the Primary tier of our Smart Rewards ™ program. Please refer to the Consumer Pricing Information (PDF) disclosure for more details.
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If you have linked eligible accounts, and the negative Available Balance in your checking account is $5.01 or more, the advance amount will transfer in multiples of $50.00. If, however, the negative Available Balance is $5 or less, the amount advanced will be $5. The Overdraft Protection Transfer Fee is waived if the negative Available Balance in your checking account is $50.00 or less. Note: if you have Overdraft Protection and your account becomes overdrawn, Overdraft Protection funds will be accessed before the account is eligible for Overdraft Fee Forgiven. Consumer checking accounts (excluding Safe Debit accounts) assessed an Overdraft Paid Fee may qualify for a fee waiver. The Overdraft Fee Forgiven period starts the first day your Available Balance becomes negative and you were charged an Overdraft Paid Fee(s). U.S. Bank will review your account at the end of the Overdraft Fee Forgiven period (11 p.m. ET) and if your Available Balance (excluding the Overdraft Paid Fees and including immediate and same day deposits), is at least $0 we will waive Overdraft Paid Fee(s) charged. Deposits that generally will qualify for Overdraft Fee Forgiven include: ACH and electronic deposits, cash deposits, wire transfers, ATM deposits at U.S. Bank ATM, check deposits in branch and internal transfers from another U.S. Bank account. Deposits that generally will not qualify for Overdraft Fee Forgiven include: Mobile check deposit, extended hold placed on a deposit and deposits into new accounts opened less than 30 days where funds are generally made available the fifth business day after the day of your deposit. Refer to the Determining the Availability of a Deposit – All Accounts section of Your Deposit Account Agreement for full funds availability details.
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ATM Transaction Fee. U.S. Bank will assess this fee for each ATM Transaction conducted at the Non-U.S. Bank ATM. Non-U.S. Bank ATMs are defined as any ATM that does not display the U.S. Bank logo in any manner, physically on the ATM or digitally on the screen.
ATM Surcharge. Non-U.S. Bank ATM owners may apply a surcharge fee on ATM transactions at their ATMs.
U.S. Bank participates in MoneyPass®, an ATM surcharge free network. To find MoneyPass ATM locations, select “Show MoneyPass® ATM Network locations” in the ATM Locator. If you use an ATM that uses the MoneyPass® Network and are charged a surcharge fee, please contact us at 800-USBANKS (872-2657) for a refund of the surcharge fee.
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You must maintain the minimum balance needed for each tier in order to earn the Annual Percentage Yield (APY) disclosed. All rates and APYs are subject to change after the account is opened. Fees could reduce earnings on the account. Interest rates currently offered on applicable deposit accounts are determined at the bank's discretion and may change daily. We use the daily balance method to calculate interest on all deposit accounts. This method applies a daily periodic rate to the principal in the account each day. Interest on your check deposit begins to accrue on the business day we receive credit for your applicable deposit accounts. Interest will be compounded daily and credited to your account monthly for all savings accounts, except Standard Savings, which is paid quarterly. If you close your account before interest is credited, you will not receive the accrued interest.
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Valid if the customer maintains an Elite Money Market account only (without the presence of a Bank Smartly checking account); Monthly Maintenance Fee waiver starts on account open date.
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Industry benchmarking firm Keynova Group ranked U.S. Bank #1 for mobile apps in its 2022 Mobile Banker Scorecard.
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The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 per depositor per account ownership type. For more information about FDIC Insurance coverage, visit www.fdic.gov
Deposit products offered by U.S. Bank National Association. Member FDIC.
State Farm and the State Farm logo are registered trademarks of State Farm Mutual Automobile Insurance Company.