Somerset Trust Company

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.50%

Our Rating

3.5 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.55%

Our Rating

4.2 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Overview / Commentary

www.somersettrust.com

814-443-9200

151 West Main Street
Somerset, PA 15501

Somerset Trust Company is headquartered in SOMERSET and is the 24^th largest bank in the state of Pennsylvania. It is also the 518^th largest bank in the nation. It was established in 1889 and as of September of 2024, it had grown to 464 employees at 48 locations. Somerset Trust Company has a B health rating.

Reviews (1)

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Degradation At It's Finest..

Posted by: Crote82 | May 22, 2023

Was able to open a business account. Then was not able to ever log in again and was told I did not have one. Also have been denied for anything I've ever applied for.

Comment

Health

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	11112
Year Established	1889
Employees	464
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.06%
Return on Equity - YTD	16.47%
Annual Interest Income	$91.3MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$2.36B$2.1B
Loans	Q3 2024vs Q3 2023	$1.5B$1.35B
Deposits	Q3 2024vs Q3 2023	$1.9B$1.81B
Equity Capital	Q3 2024vs Q3 2023	$159.9MM$106.3MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$18.2MM$17.2MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$19.4MM$6.7MM
Real Estate Owned	Q3 2024vs Q3 2023	$98K$46K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.50%

Our Rating

3.5 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.55%

Our Rating

4.2 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Rates

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Checking
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Always verify rates and promotions with the bank or credit union. We are not Somerset Trust Company; we are a rate comparison website and cannot provide official rates or promotions.

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

Somerset Trust Company Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$0	-	Christmas Club
0.31%^*	$1m^*	-	Advantage Interest Savings Account
OTHER TIERS: 0.11% → $250 - $25k \| 0.16% → $25k - $50k \| 0.21% → $50k - $150k \| 0.26% → $150k - $1m
0.11%	$0	-	Statement Savings
0.10%^*	$100k^*	-	Savings IRA
OTHER TIERS: 0.05% → $0 - $100k
0.03%	$0	-	Overdraft Protection Savings

Somerset Trust Company Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.21%^*	$200k^*	-	Personal Plus Interest Checking Account
OTHER TIERS: 0.11% → $1.5k - $100k \| 0.16% → $100k - $200k
0.11%	$1k	-	Horizon 50 Checking Account
0.11%	$0	-	Municipal Checking
0.06%	$0	-	Interest Checking Account

Somerset Trust Company CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$5k	-	7 Month CD Special w/Relationship
3.55%	$5k	-	15 Month CD Special w/Relationship
3.05%	$5k	-	22 Month CD Special w/Relationship
0.60%	$500	-	60 Month CD
0.55%	$500	-	48 Month CD
0.45%	$500	-	36 Month CD
0.35%	$500	-	24 Month CD
0.30%	$500	-	18 Month CD
0.20%	$500	-	12 Month CD
0.15%	$1k	-	9 Month CD
0.10%	$1k	-	3 Month CD
0.10%	$1k	-	6 Month CD

Somerset Trust Company IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.55%	$500	-	15 Month IRA
0.55%	$0	-	60 Month IRA
0.45%	$0	-	42 Month IRA
0.40%	$0	-	30 Month IRA
0.10%	$0	-	18 Month Fixed Rate IRA
0.10%	$0	-	18 Month Variable IRA

Locations

Availability

Johnstown Area

Johnstown Area bank & credit union details

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