Somerset Savings Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews
Today's 12-month CD rates can be found at 4.00%, 6-month CD rates at 0.30% and 3-month CD rates at 1.76%. Current savings rates are at 0.05% and money market rates are at 0.05%. Mortgage rates today on 30-year fixed loans are around 6.40%. Credit Card rates are at 19.49%. Personal Loan rates are at 18.00%. 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 3.46%. Somerset Savings Bank's 5/1 ARM rates are at 5.50%, 30-Year Fixed rates are at 6.00%, 15-Year Fixed rates are at 5.50%.
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
Premium Money Market
3.46%
$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
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 Rates
Somerset Savings Bank
15-Year Fixed
5.500%
5.683%
0.000
Somerset Savings Bank
30-Year Fixed
6.000%
6.133%
0.000
Somerset Savings Bank
5/1 ARM
5.500%
6.161%
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
Twin River Bank
12-Month CD
4.16%
$500
ABCO Federal Credit Union
18-Month CD
4.07%
$1,000
Abbey Credit Union
60-Month CD
4.00%
$500
Falcon National Bank
24-Month CD
3.75%
$500
Central State Bank State Center, IA
12-Month CD
3.68%
$1,500
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 Deals United Bank CD rates are very competitive right now on the bank's Special and Flex Up certificates of deposit. United Bank is offering both short term and intermediate term special CDs and the best CD rates are on the bank's short term CDs. 3 month Special CD rates at United Bank are at 1.64 percent with an APY of 1.65 percent. 7 Flex Up CD rates from United Bank are currently at 2.42 percent with an APY of 2.45 percent. The 7 month Flex Up CD rate is higher than most 1 year CD rates available from any bank these days.
 CD rates continue to slowly decline and there isn't any positive news to drive CD rates higher for the foreseeable future. In the FOMC's most recent statement on monetary policy released on August 10, 2010, the Fed said "the pace of recovery in output and employment has slowed in recent months".
McGraw-Hill Federal Credit Union of East Windsor, New Jersey, is advertising money market account rates and savings account rates. The credit union is advertising two types of savings accounts - a regular Share Savings Account and a Traditional Holiday Club Savings Account.
Bank or Credit Union Offers and DealsChance for Higher Deposit Rates in September IncreasesAddition Financial CD Rates Limited Time Offer: 12-Month CD 5.12% APY Bangor Savings Bank CD Rates - You Matter More AloStar Bank Still has Highest 6 Month CD Rate Even with Decrease Citizens Bank Mortgage Rates First Republic Bank 5 month CD Rate Savings Account Rates Houston, TX 29.00% APY Leap Year CD Special at Motion Federal Credit Union Weekly Deposit Rates, Best Rates Remain at 1.00% Mortgage Rates October 1, 30 Year Mortgage Rates at 4.05%, 15 Year Rates at 3.34% Alternative Bank and Credit Union Offers to ExploreCredit Union now Offering 1 Year CD Rates at 1.50%Mortgage Rates for December 20th, 2019 Mount McKinley Bank 9 Month CD Rates now at 0.12% Mortgage Rates at Lowest Level Since Monday, 30 Year Mortgage Rates at 4.12% Bank of America Money Market Savings Account Credit Union of Colorado Current CD Rates Mortgage Rates & Mortgage Applications Decrease: 30 Year Mortgage Rates at 4.75%, 15 Year Mortgage Rates at 4.19% Mortgage Rates: 30 Year Mortgage Rates at 4.93% 15 Year Mortgage Rates at 4.33% Brilliant Bank CD Rates Up to 5.10% APY 3-Month CD Bell Buckle, Tennessee Savings Interest Rates & Money Market Account Rates Somerset Savings Bank ReviewsThere are no reviews for Somerset Savings Bank yet. Feel free to create one below.
Add Your Rating and Review for Somerset Savings Bank
See how Somerset Savings Bank Compares to other banks |
