Thread regarding State Farm Insurance layoffs

Is the State Farm Bank sale still on schedule?

Just wondered with all of the pandemic-related changes, such as WFH, if the State Farm Bank sale to US Bank was still on track and if determinations had been made on how all of the Bank employees would taken care of?

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Post ID: @OP+15XUXW8O

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I have a contact at US Bank that would (or should) be in the known about this type of event and he's reporting crickets for the time being.

Didn't bank production cease at the end of May? Are the bank ops centers even still open? I think the BLC in St. Louis still had some employees but last I heard, months ago, they knew very little about their future.

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Post ID: @knmw+15XUXW8O

Recent Legal Notice in Bloomington Pantagraph states Sept 1 2020 as last day of the Bank.

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Post ID: @6chr+15XUXW8O

Last I heard they were trying to pawn the bank employees off into underwriting.

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Post ID: @1cdg+15XUXW8O

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