State Farm’s banking exit puts nearly 1,000 Illinois jobs at risk – Crain’s

The jobs of nearly 1,000 State Farm workers in Bloomington are up in the air thanks to the insurance giant’s decision to exit the banking business. State Farm announced March 5 that it was transferring deposit and credit-card accounts to Minneapolis-based U.S. Bank as part of a strategic decision to end State Farm Bank, which the insurer launched 21 years ago.

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