Business Savings
You work hard - so should your savings account. We have business savings solutions to help you meet your goals.
Premium Money Market Account
Earn a competitive money market rate while maintaining total liquidity.
- Pays a higher rate than our Money Market account when you maintain a $5,000 balance
- A deposit of $5,000 is required to open an account
- Interest earned on balances of $5,000 or more
- Interest is compounded daily and credited to account monthly
- Account has no monthly service charge
- Free eStatements
- Electronic access to your funds through Online Banking and Mobile Banking
Money Market Account
An easy way to help with cash management.
- 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
- Transactions are recorded on a monthly statement
- Free eStatements
- Electronic access to your funds through Online Banking and Mobile Banking
Statement Savings
- Open with as little as $10
- Interest earned on balances of $50 or more
- Interest is compounded daily and credited monthly
- Transactions are recorded on a monthly statement
- Free eStatements
- Electronic access to your funds through Online Banking and Mobile Banking
Tiered Statement 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
- Free eStatements
- Electronic access to your funds through Online Banking and Mobile Banking
Stop by any branch office to learn more or to open an account today, or contact Monte Ehrenkranz at 973-716-0600.
