Somerset Trust Company


Overview / Commentary
814-443-9200
151 West Main Street
Somerset, PA 15501

Somerset Trust Company is headquartered in SOMERSET and is the 24th largest bank in the state of Pennsylvania. It is also the 515th largest bank in the nation. It was established in 1889 and as of March of 2025, it had grown to 467 employees at 48 locations. Somerset Trust Company has a B health rating.

Reviews (1)

Degradation At It's Finest..

Posted by: |

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.



Health

Health Grade Components

Overall
FDIC Certificate #11112
Year Established1889
Employees467
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD13.57%
Annual Interest Income$31.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.4B$2.26B
LoansQ1 2025vs Q1 2024$1.55B$1.48B
DepositsQ1 2025vs Q1 2024$1.94B$1.84B
Equity CapitalQ1 2025vs Q1 2024$159.1MM$140.6MM
Loan Loss AllowanceQ1 2025vs Q1 2024$19.5MM$18.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$22.2MM$14.9MM
Real Estate OwnedQ1 2025vs Q1 2024$590K$51K
Rates
Skip to rates for:
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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
0.03%$0-Overdraft Protection Savings

Somerset Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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
0.10%*$100k*-Savings IRA
OTHER TIERS: 0.05% $0 - $100k
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.