CFPB · Diversified product mix

State Farm Bank, Fsb

929 CFPB complaints · diversified mix (top product 15.7%) · top issue Incorrect information on your report.

929 CFPB complaints

State Farm Bank, Fsb: top product "Mortgage" is only 15.7% of 929 - multi-bucket mix. Timely 98.5% · relief 16%. Allegations, not findings.

  • Diversified product mix
  • +3400% filings 2011 to 2021

CFPB relief outcome brief

CCDB company state-farm-bank-fsb

16% relief · 98.5% timely · 929 filings · Mortgage

Nearest relief peer: Provident Funding Associates (15.9% relief)

State Farm Bank, Fsb (this)16%Sn Servicing Corporation0.1%National Enterprise Systems,…9.6%Golden 1 Credit Union, the10.2%Money Source, Inc., the1.5%
Closed-with-relief % among State Farm Bank, Fsb and nearest filing-volume peers

State Farm Bank, Fsb closes 16% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

How 929 complaints split on narrative text

CFPB records optionally include a consumer narrative. These two counts add to this company's total filings, volume of text present, not a finding about severity.

Subscribe (RSS)
Timely response rate 98.5%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 16.0%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

State Farm Bank, Fsb complaint mix by product

Total complaints: 929

State Farm Bank, Fsb complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 929 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Mortgage: 146 complaints (18.9%), resolution 17.1% Mortgage 18.9% Credit reporting,: 137 complaints (17.7%), resolution 6.6% Credit reporting, 17.7% Credit card: 115 complaints (14.9%), resolution 10.4% Credit card 14.9% Credit card: 114 complaints (14.8%), resolution 26.3% Credit card 14.8% Debt collection: 91 complaints (11.8%), resolution 4.4% Debt collection 11.8% Bank account: 86 complaints (11.1%), resolution 29.1% Bank account 11.1% Consumer Loan: 83 complaints (10.8%), resolution 30.1% Consumer Loan 10.8%
  • Mortgage 146 18.9% 17% relief
  • Credit reporting, 137 17.7% 7% relief
  • Credit card 115 14.9% 10% relief
  • Credit card 114 14.8% 26% relief
  • Debt collection 91 11.8% 4% relief
  • Bank account 86 11.1% 29% relief
  • Consumer Loan 83 10.8% 30% relief

How State Farm Bank, Fsb's 929 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Mortgage 146
Credit reporting, credit repair services, or other personal consumer reports 137
Credit card or prepaid card 115
Credit card 114
Debt collection 91
Bank account or service 86
Consumer Loan 83
Checking or savings account 77
Vehicle loan or lease 63
Payday loan, title loan, or personal loan 7
Credit reporting 5
Money transfer, virtual currency, or money service 4
Prepaid card 1

Nationwide filing states for State Farm Bank, Fsb

Top states by attributed CFPB complaint volume for this company

Nationwide footprint
Leading state
CA
12.5% of this company's filings
CA116FL104TX72GA49IL49NY46PA33NJ31

State Farm Bank, Fsb rising annual filings

Annual filing volume from the CFPB public database

Rising vs first year
2021
35
+3400% vs 2011
050100150200 20112012201320142015201620172018201920202021 35

Top States

State Complaints
CA 116
FL 104
TX 72
GA 49
IL 49
NY 46
PA 33
NJ 31
NC 31
MI 27
VA 26
NV 21
AZ 20
OH 19
LA 17
MO 16
MN 16
TN 15
DE 15
MD 15

Top Issues

Issue Complaints
Incorrect information on your report 99
Managing the loan or lease 70
Account opening, closing, or management 52
Managing an account 51
Attempts to collect debt not owed 50
Loan modification,collection,foreclosure 40
Loan servicing, payments, escrow account 37
Trouble during payment process 36
Improper use of your report 31
Problem with a credit reporting company's investigation into an existing problem 27
Problem with a purchase shown on your statement 22
Billing disputes 20
Problem when making payments 20
Deposits and withdrawals 18
Getting a credit card 18
Other 15
Problems when you are unable to pay 14
Taking out the loan or lease 14
Identity theft / Fraud / Embezzlement 13
Struggling to pay your loan 13

Yearly Trend

Year Complaints Timely
2011 1 0%
2012 49 93.9%
2013 57 100%
2014 56 100%
2015 92 96.7%
2016 107 97.2%
2017 98 100%
2018 149 99.3%
2019 132 100%
2020 153 99.3%
2021 35 94.3%

Source: CFPB Consumer Complaint Database

State Farm Bank, Fsb spreads across product buckets

State Farm Bank, Fsb's 929 logged complaints reach a nationwide footprint - 51 states have at least one filing. Only 33.8% of filings carry a written consumer narrative, so most of this record is coded categories rather than verbatim complaint text. Records run from 2011 through 2021-04-07.

State Farm Bank, Fsb answers 98.5% of complaints inside the CFPB's tracked window and closes 83.9% with a written explanation. 16% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Mortgage" draws the most filings, most often for "Incorrect information on your report."

A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about State Farm Bank, Fsb.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for State Farm Bank, Fsb: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Data sourced from official public datasets for State Farm Bank, Fsb (98.5% timely; 16% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Diversified product mix