Bank

Savings

Somerset Regal Bank offers a variety of savings accounts to fulfill all your long-term needs and services to complement your finances. Earn a competitive rate with a variety of perks and options with any one of our accounts.

Passbook Savings

Open with as little as $10
Interest earned on balances of $50 or more
Interest is compounded daily and credited monthly
Deposits and withdrawals can be made at any time without penalty
All transactions are recorded in your passbook

Statement Savings

Open 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
Surcharge-free access to any ATM in the United States using your Visa^® Check Card or ATM card
Free eStatements
Electronic access to your funds through Online Banking and Mobile Banking

Tiered Savings

Open with as little as $10
Earns our highest Tiered Interest Rates
Must also have a Somerset Regal Bank checking account
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
Surcharge-free access to any ATM in the United States using your Visa^® Check Card or ATM card
Free eStatements
Electronic access to your funds through Online Banking and Mobile Banking

Money Market

A deposit of $2,500 is required to open an account
Earn a Money Market Interest Rate on your entire balance
No monthly maintenance fee
Unlimited deposits and in-person withdrawals; plus, up to 6 electronic funds transfers per statement cycle, including up to 3 point-of-sale transactions, and up to 3 checks
Transactions are recorded on a monthly statement
Free eStatements
Electronic access to your funds through Online Banking, Mobile Banking, and your Visa^® Check Card

Premium Money Market

Account requires a $5,000 minimum opening deposit and a minimum balance of $5,000 to earn interest; subsequently, no minimum balance is required
Pays a higher rate than our Money Market account when you maintain a $5,000 balance
Account has no monthly service charge
Variable-rate account: the interest rate and annual percentage yield can change at any time at the Bank's discretion
Interest is compounded daily and credited to account monthly
Unlimited deposits and in-person withdrawals; plus, up to 6 electronic funds transfers per statement cycle, including up to 3 point-of-sale transactions, and up to 3 checks
Free eStatements