Somerset Savings Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews
Today's 12-month CD rates can be found at 0.55%, 6-month CD rates at 4.25% and 3-month CD rates at 1.16%. Current savings rates are at 0.35% and money market rates are at 0.35%. Mortgage rates today on 30-year fixed loans are around 6.42%. Credit Card rates are at 18.00%. Personal Loan rates are at 10.25%. All these rates, and more, can be found in our database of rates. Somerset Savings Bank's 60-Month CD rates are at 0.55%, 48-Month CD rates are at 0.40%, 36-Month CD rates are at 0.35%, 24-Month CD rates are at 0.25%, 18-Month CD rates are at 0.20%. Somerset Savings Bank's savings rates are at 0.05%. Somerset Savings Bank's money market rates are at 3.56%. Somerset Savings Bank's 5/1 ARM rates are at 5.88%, 30-Year Fixed rates are at 6.38%, 15-Year Fixed rates are at 6.00%.
To see how these rates compare to Somerset Savings Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Somerset Savings Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Somerset Savings Bank CD rates. You can also compare Somerset Savings Bank savings rates, MMA rates and mortgage rates using our other rate lists. Somerset Savings Bank 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 Savings Bank? Share your experience about Somerset Savings Bank by leaving a review below, or read customer reviews before you decide to use Somerset Savings Bank. Somerset Savings Bank Texas Ratio Somerset Savings Bank's Texas Ratio is at 0.08%, which is considered excellent. The Texas Ratio for Somerset Savings Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing. Overall, Somerset Savings Bank is an excellent bank worth considering, with an overall rating of 4 stars out of 5 stars. Rate
APY/APR
vs Avg
Somerset Savings Bank CD Rates and Interest Rates
Somerset Savings Bank
Premier Money Market
3.56%
$5,000
Somerset Savings Bank
60-Month CD
0.55%
$500
Somerset Savings Bank
48-Month CD
0.40%
$500
Somerset Savings Bank
36-Month CD
0.35%
$500
Somerset Savings Bank
24-Month CD
0.25%
$500
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The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts. Somerset Savings Bank Mortgage Rates
Somerset Savings Bank
15-Year Fixed
6.000%
6.222%
0.000
Somerset Savings Bank
30-Year Fixed
6.375%
6.511%
0.000
Somerset Savings Bank
5/1 ARM
5.875%
6.608%
0.000
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed. Compare Somerset Savings Bank Rates with Other Competitive Bank and Credit Union Rates
OWB One World Bank
12-Month CD (Jumbo)
4.60%
$100,000
Newtek Bank
High Yield Savings
4.45%
$0
Generations Commercial Bank
9-Month CD
4.35%
$1,000
Citizens Independent Bank
9-Month CD
4.05%
$10,000
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Communitywide Federal Credit Union
24-Month CD
4.00%
$1,000
Show More
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts. Somerset Savings Bank Mortgage RatesShow More
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed. Somerset Savings Bank InformationSomerset Savings Bank
220 W Union AveBound Brook, NJ 08805 Somerset Established Date: 01/01/1887 FDIC Certificate #: 28778 Date of FDIC Deposit Insurance: 06/04/1957 Bank Holding Company: SR BCORP INC How Many Domestic U.S. Offices? 16 How Many Branches are There? 15 Website: https://www.somersetsavings.com
Is Somerset Savings Bank FDIC Insured? Yes
What is Somerset Savings Bank's Cert number? 28778
What is the maximum amount for insured deposits? $250,000 per holder, per account
Somerset Savings Bank FinancialsTotal Assets:
$1,051,728,000
Total Deposits:
$840,822,000
Equity Capital:
$197,099,000
Domestic Deposits:
$840,822,000
Net Income:
$1,063,000
Return on Assets:
-0.6980%
Quarterly Return on Assets:
0.4000%
Pretax Return on Assets:
0.5102%
Pretax Quarterly Return on Assets:
0.5100%
Return on Equity:
-3.8900%
Quarterly Return on Equity:
2.1600%
Leverage Tier 1 (Core Capital) Ratio:
15.1300%
Total Interest Income (YTD):
2.7239%
Headquarters:
Bound Brook
FDIC Field Office:
Jamesburg
Regulator:
FDIC
County:
Somerset
# of Offices:
16
Metropolitan Statistical Area (MSA):
New York-Newark-Jersey City, NY-NJ-PA
Consolidated Metropolitan Statistical Area (CMSA):
New York-Northern New Jersey-Long Island, NY-NJ-CT-PA
OTS Region:
Northeast
FDIC Region:
New York
Source: FDIC Last Updated 03/31/2024
Explore Other Rate DealsAverage mortgage rates continued their streak of record breaking new lows this week. Fixed conforming 30 year and 15 year mortgage rates today have made new all-time lows in Freddie Mac's Primary Mortgage Market Survey for the week ending July 26, 2012.
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