Somerset Savings Bank

Current Deposit Rates


Effective 10/20/2017

Certificates of Deposit & IRAs

rates_cd_ira table

Minimum balance to open account and earn interest is $500. Annual Percentage Yields (APYs) are subject to change without notice. Bank policy requires a substantial penalty for early withdrawal.

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Tiered Savings

rates_tiered_savings table

Minimum balance to open account is $10. You must maintain a checking account with us to open and maintain this account. Annual Percentage Yields (APYs) are subject to change without notice and may change after account is opened.

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Provider Money Market Account

rates_provider_money_market table

Minimum balance to open account is $2500. Minimum daily balance to earn interest is $250. Fees could reduce earnings. Annual Percentage Yield (APY) is subject to change without notice and may change after the account is opened.

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Passbook and Statement Savings

rates_passbook_statement_savings table

Minimum balance to open account is $10. Minimum daily balance to earn interest is $50. Fees could reduce earnings. Annual Percentage Yield (APY) is subject to change without notice and may change after the account is opened.

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NOW Checking with Interest

rates_checking_w_interest_now table

Minimum balance to open account is $50. Minimum daily balance to earn interest is $500. Fees could reduce earnings. Annual Percentage Yield (APY) is subject to change without notice and may change after the account is opened.

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Free 50+ Checking with Interest

rates_checking_w_interest_50 table

Minimum balance to open account is $50. Minimum daily balance to earn interest is $500. Fees could reduce earnings. Annual Percentage Yield (APY) is subject to change without notice and may change after the account is opened.

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