Consumer Payment Card News

State Farm Card

The State Farm Bank VISA CheckCard has hit the market as the insurance company makes its way into banking. Customers do not need to be a policyholder of State Farm Insurance to open a State Farm Bank account. Customers may apply by contacting a participating State Farm agent in any state except Massachusetts and Rhode Island. Customers may also establish an account online or by calling. The new VISA card offers access to five ATM networks with 200,000 locations across the USA. State Farm Bank was formally chartered by the Office of Thrift Supervision in November 1998 as State Farm Financial Services, F.S.B.. It opened in its pilot area of Central Illinois and St. Louis, Mo., in May 1999. For more information visit www.statefarm.com.

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