Somerset Trust Company

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

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: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your 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.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 515^th 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)

Write a Review

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 Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	11112
Year Established	1889
Employees	467
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.89%
Return on Equity - YTD	13.57%
Annual Interest Income	$31.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$2.4B$2.26B
Loans	Q1 2025vs Q1 2024	$1.55B$1.48B
Deposits	Q1 2025vs Q1 2024	$1.94B$1.84B
Equity Capital	Q1 2025vs Q1 2024	$159.1MM$140.6MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$19.5MM$18.6MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$22.2MM$14.9MM
Real Estate Owned	Q1 2025vs Q1 2024	$590K$51K

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

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: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your 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

Skip to rates for:

Savings
Checking
CD
IRA

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

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
0.03%	$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
0.10%^*	$100k^*	-	Savings IRA
OTHER TIERS: 0.05% → $0 - $100k

Locations

Availability

Johnstown Area

Johnstown Area bank & credit union details

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.