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Somerset Federal Credit Union Rates & Review October 2026
Content reviewed by
Brian McKay
Brian McKay
Founder & Data Architect
Expertise
Automated Online Rate Data Aggregation
Location-Based Rate Tables
Bank & Credit Union Health Safety Ratings
Bank & Credit Union Star Ratings
Finance Calculators
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
|✓Fact Checked|Rates Last Updated and Verified: October 9, 2026
Somerset Federal Credit Union's top rates as of October 9, 2026 are 4.50% APY on its 13 Month Roth Individual Retirement Account (IRA) Term CD, 0.10% APY on savings, 0.15% APY on money market accounts, 0.05% APY on checking, 6.50% on its Adjustable-Rate Mortgage, and personal loans from 9.50% APR, according to rates verified by MonitorBankRates. Other Somerset Federal Credit Union CD rates include 13 Month Term CDs at 4.50%, 13 Month Traditional IRA Term CD at 4.50%, and 7 Month Roth Individual Retirement Account (IRA) Term CD at 3.90%. Other Somerset Federal Credit Union mortgage rates include Fixed-Rate Mortgage at 7.00%, Fixed-Rate Mortgage at 6.88%, and Adjustable-Rate Mortgage at 6.62%. MonitorBankRates evaluates the financial stability of Somerset Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.02%. Rates last updated and verified on 10/09/2026.
Somerset Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Somerset Federal Credit Union? Share your experience about Somerset Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Somerset Federal Credit Union.
Somerset Federal Credit Union has earned an overall safety grade of A+ (Exceptional, Score: 99/100).
This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability.
Grades range from A+ (Exceptional) to F (High Risk) based on objective NCUA regulatory data.
MonitorBankRates Rating
?
5.0
ExceptionalOut of 5.0 Stars
MonitorBankRates Star Rating
Somerset Federal Credit Union has earned a Star Rating of 5.0 out of 5 stars (Exceptional).
Our proprietary rating system evaluates financial stability including the Texas Ratio and capitalization and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
?
1.02%
ExcellentLower than avg
Somerset Federal Credit Union Texas Ratio
Somerset Federal Credit Union's Texas Ratio is 1.02%, which is considered excellent and is lower than the national average of 6.13%.
Somerset Federal Credit Union has a very low volume of non-performing assets compared to its available capital, signifying a strong balance sheet.
The Texas Ratio compares non-performing assets to tangible common equity and loan loss reserves. Lower is better.
3.14% to 1.02% over 12 quarters, improvingFull history
Star Rating 5.0 to 5.0, Health Grade A+ to A+
The Texas Ratio for this credit union has improved and is now very strong since Q3 2023. Lower is healthier; the amber line is the 15% level required for the MBR Verified Healthy badge.
Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.
Somerset Federal Credit Union CD Rates
Product
Rate
APY
Term
View More
13 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
4.50%
13 Months
DetailsAPY* applies to Roth IRA Term Share Certificates. ** Special promotional rate.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 4.50% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
13 Month Term Share Certificates
4.40%
4.50%
13 Months
Details13 Months**
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 4.50% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
13 Month Traditional IRA Term Share Certificate
-
4.50%
13 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 4.50% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
7 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
3.90%
7 Months
DetailsAPY* applies to Roth IRA Term Share Certificates. ** Special promotional rate.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 3.90% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
7 Month Term Share Certificates
3.83%
3.90%
7 Months
Details7 Months**
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 3.75% → 3.90% ▲ 0.15 pts · high 3.90% / low 3.75%
Oct 9, 20263.90%▲ from 3.75%
Sep 14, 20263.75%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
7 Month Traditional IRA Term Share Certificate
-
3.90%
7 Months
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 3.75% → 3.90% ▲ 0.15 pts · high 3.90% / low 3.75%
Oct 9, 20263.90%▲ from 3.75%
Sep 14, 20263.75%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
60 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
1.00%
60 Months
DetailsAPY* applies to Roth IRA Term Share Certificates.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 1.00% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
60 Month Term Share Certificates
1.00%
1.00%
60 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 1.00% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
60 Month Traditional IRA Term Share Certificate
-
1.00%
60 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 1.00% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
48 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
0.80%
48 Months
DetailsAPY* applies to Roth IRA Term Share Certificates.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.80% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
48 Month Term Share Certificates
0.80%
0.80%
48 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.80% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
48 Month Traditional IRA Term Share Certificate
-
0.80%
48 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.80% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
36 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
0.70%
36 Months
DetailsAPY* applies to Roth IRA Term Share Certificates.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.70% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
36 Month Term Share Certificates
0.70%
0.70%
36 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.70% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
36 Month Traditional IRA Term Share Certificate
-
0.70%
36 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.70% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
24 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
0.55%
24 Months
DetailsAPY* applies to Roth IRA Term Share Certificates.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.55% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
24 Month Term Share Certificates
0.55%
0.55%
24 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.55% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
24 Month Traditional IRA Term Share Certificate
-
0.55%
24 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.55% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
12 Month Roth Individual Retirement Account (IRA) Term Share Certificate
-
0.45%
12 Months
DetailsAPY* applies to Roth IRA Term Share Certificates.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.45% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
12 Month Term Share Certificates
0.45%
0.45%
12 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.45% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
12 Month Traditional IRA Term Share Certificate
-
0.45%
12 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.45% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
6 Month Term Share Certificates
0.25%
0.25%
6 Months
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.25% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Savings Rates
Product
Rate
APY
View More
Roth IRA Term Share Certificate DinoSaversSM
0.10%
0.10%
No additional details.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.10% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Roth IRA Term Share Certificate TeenCents SavingsSM
0.10%
0.10%
No additional details.
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.10% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Statement Savings
0.10%
0.10%
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.10% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Christmas Club Account
0.05%
0.05%
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.05% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Money Market Rates
Product
Rate
APY
View More
Statement Money Market Account
0.15%
0.15%
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.15% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Checking Rates
Product
Rate
APY
View More
FREE Checking
0.05%
0.05%
No additional details.
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.05% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Mortgage Rates
Product
Rate
Points
APR
Term
View More
Fixed-Rate Mortgage
7.00%
-
7.044%
20 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 17, 2026 · 6.01% → 7.04% ▲ 1.04 pts · high 7.13% / low 6.01%
Sep 25, 20267.04%▼ from 7.13%
Sep 24, 20267.13%▲ from 6.01%
Sep 17, 20266.01%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Mortgage
6.875%
-
7.137%
15 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 17, 2026 · 5.91% → 7.14% ▲ 1.22 pts · high 7.14% / low 5.91%
Sep 25, 20267.14%▲ from 7.04%
Sep 24, 20267.04%▲ from 5.91%
Sep 17, 20265.91%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Adjustable-Rate Mortgage
6.625%
-
7.171%
5/1
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 7.18% → 7.17% ▼ 0.01 pts · high 7.18% / low 7.17%
Oct 9, 20267.17%▼ from 7.18%
Sep 17, 20267.18%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Mortgage
7.125%
-
7.224%
30 Year
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 6.10% → 7.22% ▲ 1.13 pts · high 7.22% / low 6.10%
Sep 24, 20267.22%▲ from 6.10%
Sep 17, 20266.10%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Mortgage
6.625%
-
7.231%
10 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 17, 2026 · 5.73% → 7.23% ▲ 1.50 pts · high 7.23% / low 5.73%
Sep 25, 20267.23%▲ from 6.86%
Sep 24, 20266.86%▲ from 5.73%
Sep 17, 20265.73%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Adjustable-Rate Mortgage
6.75%
-
7.311%
3/1
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 7.59% → 7.31% ▼ 0.28 pts · high 7.59% / low 7.31%
Oct 9, 20267.31%▼ from 7.59%
Sep 17, 20267.59%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Adjustable-Rate Mortgage
6.50%
-
7.392%
1/1
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 7.98% → 7.39% ▼ 0.59 pts · high 7.98% / low 7.39%
Oct 9, 20267.39%▼ from 7.98%
Sep 17, 20267.98%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage
7.25%
-
7.855%
30 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 14, 2026 · 6.63% → 7.86% ▲ 1.22 pts · high 7.86% / low 6.63%
Sep 25, 20267.86%▲ from 7.76%
Sep 24, 20267.76%▲ from 6.63%
Sep 14, 20266.63%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage
7.125%
-
7.895%
20 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 14, 2026 · 6.66% → 7.90% ▲ 1.23 pts · high 7.90% / low 6.66%
Sep 25, 20267.90%▲ from 7.78%
Sep 24, 20267.78%▲ from 6.66%
Sep 14, 20266.66%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage
7.00%
-
7.94%
15 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 14, 2026 · 6.69% → 7.94% ▲ 1.25 pts · high 7.94% / low 6.69%
Sep 25, 20267.94%▲ from 7.81%
Sep 24, 20267.81%▲ from 6.69%
Sep 14, 20266.69%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage
6.75%
-
8.024%
10 Year
No additional details.
Last Updated10/09/2026
Rate History
2 changes since Sep 14, 2026 · 6.74% → 8.02% ▲ 1.28 pts · high 8.02% / low 6.74%
Sep 25, 20268.02%▲ from 7.86%
Sep 24, 20267.86%▲ from 6.74%
Sep 14, 20266.74%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Home Equity & HELOC
Product
Rate
Points
APR
Term
View More
Fixed Rate Home Equity Loan - 2nd Mortgage
7.00%
-
7.00%
5 Years
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.50% → 7.00% ▲ 0.50 pts · high 7.00% / low 6.50%
Oct 5, 20267.00%▲ from 6.50%
Sep 14, 20266.50%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Home Equity Line of Credit
7.00%
-
7.00%
10 Years
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.25% → 7.00% ▲ 0.75 pts · high 7.00% / low 6.25%
Sep 24, 20267.00%▲ from 6.25%
Sep 14, 20266.25%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed Rate Home Equity Loan - 2nd Mortgage
7.25%
-
7.25%
10 Years
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 7.00% → 7.25% ▲ 0.25 pts · high 7.25% / low 7.00%
Oct 5, 20267.25%▲ from 7.00%
Sep 14, 20267.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Home Equity Loan - 1st Lien
7.25%
-
7.25%
10 Years
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.25% → 7.25% ▲ 1.00 pts · high 7.25% / low 6.25%
Sep 24, 20267.25%▲ from 6.25%
Sep 14, 20266.25%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed-Rate Home Equity Loan - 1st Lien
7.375%
-
7.375%
15 Years
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 6.38% → 7.38% ▲ 1.00 pts · high 7.38% / low 6.38%
Sep 24, 20267.38%▲ from 6.38%
Sep 14, 20266.38%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Fixed Rate Home Equity Loan - 2nd Mortgage
7.50%
-
7.50%
15 Years
No additional details.
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 7.25% → 7.50% ▲ 0.25 pts · high 7.50% / low 7.25%
Oct 5, 20267.50%▲ from 7.25%
Sep 14, 20267.25%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Auto Loan Rates
Product
Rate
Points
APR
Term
View More
New & Used Auto Loan
-
-
6.00%
12 Months
DetailsTerm: 12 Months to 72 Months; As Low As
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 5.50% → 6.00% ▲ 0.50 pts · high 6.00% / low 5.50%
Sep 24, 20266.00%▲ from 5.50%
Sep 14, 20265.50%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union RV, Boat and Powersport Loan Rates
Product
Rate
APR
Term
View More
Motorcycle Loan
-
8.50%
12 Months
DetailsTerm: 12 Months to 60 Months; As Low As
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 7.50% → 8.50% ▲ 1.00 pts · high 8.50% / low 7.50%
Sep 24, 20268.50%▲ from 7.50%
Sep 14, 20267.50%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Boat & RV Loan
-
9.00%
12 Months
DetailsTerm: 12 Months to 72 Months; As Low As
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 8.25% → 9.00% ▲ 0.75 pts · high 9.00% / low 8.25%
Sep 24, 20269.00%▲ from 8.25%
Sep 14, 20268.25%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Personal Loan Rates
Product
APR
Term
View More
Personal Loan
9.50%
12 Months
DetailsAs Low As
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 9.00% → 9.50% ▲ 0.50 pts · high 9.50% / low 9.00%
Sep 24, 20269.50%▲ from 9.00%
Sep 17, 20269.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Personal Loan
9.50%
24 Months
DetailsAs Low As
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 9.00% → 9.50% ▲ 0.50 pts · high 9.50% / low 9.00%
Sep 24, 20269.50%▲ from 9.00%
Sep 17, 20269.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Personal Loan
9.50%
36 Months
DetailsAs Low As
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 9.00% → 9.50% ▲ 0.50 pts · high 9.50% / low 9.00%
Sep 24, 20269.50%▲ from 9.00%
Sep 17, 20269.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Personal Loan
9.75%
48 Months
DetailsAs Low As
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 9.25% → 9.75% ▲ 0.50 pts · high 9.75% / low 9.25%
Sep 24, 20269.75%▲ from 9.25%
Sep 17, 20269.25%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Personal Loan
9.75%
60 Months
DetailsAs Low As
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 9.25% → 9.75% ▲ 0.50 pts · high 9.75% / low 9.25%
Sep 24, 20269.75%▲ from 9.25%
Sep 17, 20269.25%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Debt Consolidation Loan
11.00%
12 to 36 Months
DetailsAs Low As*
Last Updated10/09/2026
Rate History
1 change since Sep 17, 2026 · 10.00% → 11.00% ▲ 1.00 pts · high 11.00% / low 10.00%
Sep 24, 202611.00%▲ from 10.00%
Sep 17, 202610.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Debt Consolidation Loan
11.50%
42 to 60 Months
DetailsAs Low As*
Last Updated10/09/2026
Rate History
No change since Sep 24, 2026 · 11.50% APR · checked 5 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Somerset Federal Credit Union Other Rates
Product
Rate
Points
APY/APR
Term
View More
Home Alternative Energy Loan
-
-
7.75%
12 Months
DetailsAs Low As
Last Updated10/09/2026
Rate History
1 change since Sep 14, 2026 · 7.00% → 7.75% ▲ 0.75 pts · high 7.75% / low 7.00%
Sep 24, 20267.75%▲ from 7.00%
Sep 14, 20267.00%first recorded
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Kasasa Cash Checking
1.98%
-
2.00%
Min Balance$0
DetailsBalance: 0-$10,000; 2.00% (1.98% if linked to Kasasa Saver)
Last Updated10/09/2026
Rate History
No change since Sep 21, 2026 · 2.00% APY · checked 6 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Kasasa Cash Checking
0.05%
-
0.05%
Min Balance$0
DetailsAll balances if qualifications are not met; 0.05%
Last Updated10/09/2026
Rate History
No change since Sep 21, 2026 · 0.05% APY · checked 6 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Kasasa Saver Savings
0.99%
-
1.00%
Min Balance$0
DetailsBalance: 0-$100,000
Last Updated10/09/2026
Rate History
No change since Sep 21, 2026 · 1.00% APY · checked 6 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Roth IRA Account
0.40%
-
0.40%
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.40% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Roth IRA Term Share Certificate TeenCents CheckingSM
0.05%
-
0.05%
Last Updated10/09/2026
Rate History
No change since Oct 9, 2026 · 0.05% APY
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Traditional IRA Account
0.40%
-
0.40%
Last Updated10/09/2026
Rate History
No change since Sep 14, 2026 · 0.40% APY · checked 7 times
Institution Ratings
5.0
Star Rating
A+
Health Grade
◈ Texas Ratio: 1.02%
Financial Health History
Somerset Federal Credit Union’s Texas Ratio fell from 3.14% in Q3 2023 to 1.02% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.
Show the quarterly figures
Quarter
Total assets
Texas Ratio
Star Rating
Health Grade
June 30, 2026
$263M
1.02%
5.0
A+
March 31, 2026
$262M
0.39%
5.0
A+
December 31, 2025
$259M
0.88%
5.0
A+
September 30, 2025
$250M
0.48%
5.0
A+
June 30, 2025
$243M
1.07%
5.0
A+
March 31, 2025
$242M
0.86%
5.0
A+
December 31, 2024
$237M
2.29%
5.0
A+
September 30, 2024
$236M
2.00%
5.0
A+
June 30, 2024
$232M
1.91%
5.0
A+
March 31, 2024
$235M
3.14%
5.0
A+
December 31, 2023
$236M
0.82%
5.0
A+
September 30, 2023
$234M
3.14%
5.0
A+
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data Sources
MonitorBankRates Star Rating
Our rating for Somerset Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Somerset Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Somerset Federal Credit Union's official website for the most current offers and terms.
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
18,862,576
Total Uninsured Shares and Deposits > $250K (F+J)
18,862,576
Total Insured Shares and Deposits > $250K (item 17 less item K)
213,961,516
Total Interest Expense (Sum of items 6 8)
1,511,707
Share Certificates
1,119
Number of Accounts for Share Drafts
6,506
IRA KEOGH Accounts
54
Number of Accounts for Regular Shares
9,278
All other shares
780
Money Market Shares
958
Net Income (unless the amount is already included in Undivided Earnings)
913,145
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
8,477,928
Total Liabilities
233,735,261
Source: NCUA — Last Updated 06/30/2026
Q2 2026 MBR Health & Safety Badge
Somerset Federal Credit Union earned the Verified Healthy badge
Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.
Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.
Learn more about the MBR Health & Safety Badge program on our methodology page.
Customer Reviews
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☆☆☆☆☆
Total Reviews
0
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Frequently Asked Questions About Somerset Federal Credit Union
How many branches does Somerset Federal Credit Union operate?
Somerset Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.
Is a member application needed to join Somerset Federal Credit Union?
Yes, to access services at Somerset Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.
Is there a first-time homebuyer program?
Currently, Somerset Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.
Are credit management and repair services offered?
While formal credit repair services are not currently listed, Somerset Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.
Does Somerset Federal Credit Union offer online and mobile banking?
Most modern institutions like Somerset Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.somersetfcu.com.
Current Somerset Federal Credit Union Rates
12-Month CD0.45%
24-Month CD0.55%
60-Month CD1.00%
Savings0.10%
MMA0.15%
Retrieved from our database of financial products. Rates subject to change.
Brian McKay
