Services State Farm Insurance Cos. has received federal approval to offer banking services nationwide by late 2001. The company opened State Farm Bank in 1999, and began training Chicago-area agents to sell its bank products earlier this year.
Those products include checking accounts, loans and certificates of deposit. The bank has no branch offices, but customers can access it through agents, automated teller machine cards, the Internet, and by mail and telephone.
Topics State Farm
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
25 Years Later: IJ’s Past and Continued Coverage of the Insurance Impact of 9/11 
Seven Charged in $100 Million Workers’ Comp Fraud in Florida 
FBI Investigating Possible Exposure of Millions of American IDs 
