Reposition
Somerset Savings Bank has focused on serving the Central Jersey marketplace for 127 years. Bank provides customers with a wide array of competitively priced deposit and loan products—all offered with the highly personalized service that has become a hallmark of the Bank. Headquartered in Bound Brook, New Jersey, bank has seven offices throughout Somerset, Hunterdon and Middlesex counties. Member FDIC. Equal Opportunity Lender.
Somerset Savings Bank - Recent News & Articles
The IMF’s second-in-command has urged the US to shrink its mounting fiscal burden, saying strong growth in the world’s largest economy gave it “ample”...
Moody’s Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid conc...
The European Central Bank cut its policy rates by 25 basis points, as expected, on Thursday, its first cut in almost five years amid signs that price ...
The Bank of Canada cut on Wednesday its main interest rate by a quarter-percentage point, becoming the first Group of Seven central bank to provide ra...
Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago. A major question facing many c...
JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. "There could be hell to pay,...
The failures of Silicon Valley Bank and First Republic Bank in 2023 caused plenty of finger-pointing at bank regulators. Many US financial institution...
“Participants observed that while inflation had eased over the past year, in recent months there had been a lack of further progress toward the Commit...
The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal prot...
Private equity firms including Apollo Global, KKR, Blackstone and Brookfield are accelerating efforts to make low-risk loans, encroaching on territory...