Consumers in 27 States and the District of Columbia will now be able to get information about opening Allstate Bank accounts from participating Allstate agencies. The Bank's products and services-which include FDIC-insured CDs, and insured money market, checking and savings accounts-are targeted to middle-income Americans saving for retirement, according to the Northbrook, Ill.-based carrier. Consumers will be able to access the new banking products through Allstate agencies, via the Internet at, through a bank customer care representative at a toll-free number, ATMs countrywide and the U.S. mail. Allstate Bank was chartered in 1998 to provide e-commerce services to policyholders. In July 2001, Allstate received approval from the Office of Thrift Supervision to provide expanded retail products and services.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access