The best savings rates for Somerset, New Jersey and the surrounding area include Unity BankUnity Bank120 Cedar Grove Ln, Somerset, NJ 08873A5.0 ★Texas Ratio: 7.29% eSavings at 3.50% APY, PNC BankPNC Bank108 E Main St, Somerset, PA 15501A5.0 ★Texas Ratio: 6.83% PNC High Yield SavingsĀ® at 3.25% APY, Financial Resources Federal Credit UnionFinancial Resources Federal Credit Union780 Easton Ave, Somerset, NJ 08873B-4.3 ★Texas Ratio: 23.26% Youth Savings at 3.03% APY, PSE Federal Credit UnionPSE Federal Credit Union472 Weston Canal Rd, Somerset, NJ 08873A5.0 ★Texas Ratio: 9.17% Share Accounts / Special Savings Accounts at 0.10% APY, and Somerset Savings BankSomerset Savings Bank464 Elizabeth Ave, Somerset, NJ 08873A+5.0 ★Texas Ratio: 0.07% Tiered Savings at 0.10% APY. Savings rates as of March 26, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Somerset, New Jersey, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Somerset, New Jersey (NJ) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Somerset, New Jersey and the surrounding area. Last Updated and Verified: March 26, 2026
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
$25 minimum opening deposit
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit
Qualifying balance up to $10,000.00
Qualifying balance up to $10,000
Qualifying balance up to $10,000
Open a fee-free bank account and a high-yield savings account for teens 13-17.; Earn 5.00% APY1 on savings balances from $1.01 to $10,000
Qualifying balance up to $10,000.00
Balances $0.00 - $1,000.00
Qualifying balance up to $1,000.00
Qualifying balance up to $5,000.00
Qualifying balance up to $10,000; for one year!
Qualifications Required
Compare local Somerset, NJ savings rate quotes against the statewide average
Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
New Jersey high-yield savings rates rose 0.602 points this week to 0.688% APY, up from 0.086% last week.
New Jersey standard savings rates rose 0.204 points this week to 0.509% APY, up from 0.305% last week.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Somerset, New Jersey directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Somerset, New Jersey. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in NJ.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.