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Established in 1914 by the state legislature, State Fund is California's most reliable provider of workers' compensation insurance and a vital asset to California businesses. State Fund supports California's entrepreneurial spirit and plays a stabilizing role in the economy by providing fairly priced workers' compensation insurance, helping California employers keep their workplaces safe, and restoring injured workers.


State Fund Banking Services Transferred to US Bank from Union Bank

June 8, 2023

Sacramento, CA - State Compensation Insurance Fund (State Fund) changed banking institutions from Union Bank to US Bank on May 30. This transition is necessary, as US Bank acquired ownership of Union Bank on December 1, 2022.

Checks payable by State Fund now come from US Bank starting on May 30, 2023, including all claims payments.

If you have any questions, please call customer support at (888) 782-8338.


State Fund is California’s leading provider of workers’ compensation insurance. Not for profit and funded solely by premiums and investment income, we’ve supported California’s entrepreneurial spirit and played a vital role in the state’s economy for more than 100 years. By innovating in areas such as workplace safety and injured worker care, we’re committed to serving California for the next 100 as well. To learn more or get a quote, contact your broker or visit

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