Somerset Regal Bank Reviews and Rates

Somerset Regal Bank

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.somersetregalbank.com

732-560-1700

220 West Union Avenue
Bound Brook, NJ 08805

Somerset Regal Bank is headquartered in BOUND BROOK and is the 22^nd largest bank in the state of New Jersey. It is also the 967^th largest bank in the nation. It was established in 1887 and as of March of 2025, it had grown to 120 employees at 14 locations. Somerset Regal Bank's money market rates are 8X the national average, and it has an A health rating.

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	28778
Year Established	1887
Employees	120
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.18%
Return on Equity - YTD	1.02%
Annual Interest Income	$11.5MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$1.07B$1.05B
Loans	Q1 2025vs Q1 2024	$780.8MM$698.9MM
Deposits	Q1 2025vs Q1 2024	$840MM$840.8MM
Equity Capital	Q1 2025vs Q1 2024	$190.3MM$197.1MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$5.1MM$5.1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$0$148K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Somerset Regal Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$10k^*	-	Tiered Savings
OTHER TIERS: 0.05% → $0 - $10k
0.05%	$50	-	Passbook Savings
0.05%	$50	-	Statement Savings

Somerset Regal Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.46%	$0	-	Premium Money Market Account
0.10%	$0	-	Money Market Account

Somerset Regal Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$500	-	Interest Checking
0.05%	$500	-	Free 50+ Checking with Interest

Somerset Regal Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$500	-	10 Month CD
0.55%	$500	-	60 Month CD
0.40%	$500	-	48 Month CD
0.35%	$500	-	36 Month CD
0.35%	$500	-	42 Month CD
0.25%	$500	-	24 Month CD
0.25%	$500	-	30 Month CD
0.20%	$500	-	12 Month CD
0.20%	$500	-	15 Month CD
0.20%	$500	-	18 Month CD
0.15%	$500	-	13 Month CD
0.10%	$500	-	6 Month CD
0.10%	$500	-	9 Month CD

Somerset Regal Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.24%	$100	-	18 Month Variable IRA
2.50%	$500	-	10 Month IRA
0.55%	$500	-	60 Month IRA
0.40%	$500	-	48 Month IRA
0.35%	$500	-	36 Month IRA
0.35%	$500	-	42 Month IRA
0.25%	$500	-	24 Month IRA
0.25%	$500	-	30 Month IRA
0.20%	$500	-	12 Month IRA
0.20%	$500	-	15 Month IRA
0.20%	$500	-	18 Month IRA
0.15%	$500	-	13 Month IRA
0.10%	$500	-	6 Month IRA
0.10%	$500	-	9 Month IRA

Locations

Somerset Regal Bank Locations
Middlesex	1305 Bound Brook Road	Middlesex, NJ 08846
Flemington	141 Broad Street	Flemington, NJ 08822
Somerset Savings Bank, SLA	220 W Union Ave	Bound Brook, NJ 08805
Manville Branch	41 South Main Street	Manville, NJ 08835
Whitehouse Branch	410 Us 22	Whitehouse Station, NJ 08889
Somerville	64 West End Avenue	Somerville, NJ 08876
Raritan	802 Somerset Street	Raritan, NJ 08869

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