Somerset Savings Bank

Statement Savings

If you want a simple way to start saving and to earn a competitive rate while having the convenience of 24/7 access to your money.

  • Open an account with as little as $10

  • Interest earned on balances of $50 or more

  • Interest is compounded daily and credited monthly

  • Unlimited deposit and in-person withdrawals, plus up to 6 electronic funds transfers per statement cycle including up to 3 point-of-sale transactions

  • Transactions are recorded on a monthly statement

  • Free ATMs worldwide using your ATM card

  • Free eStatements

  • Electronic access to your funds through Online Banking and Mobile Banking.

Open an Account