Somerset Hills Bank: The way your bank should be
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Consumer Services

Statement Savings

Earn a tiered interest rate that increases as your account balance rises with the convenience of a quarterly statement that summarizes your account activity.

 
  • Transfers to other accounts may be made with Free online banking**
  • Quarterly account Statement
  • Interest is compounded daily and credited to your account monthly.


APYs effective as of January 11, 2012

Account NameDaily Balances of:Interest RateAnnual Percentage Yield
STATEMENT SAVINGS ACCOUNT*$0.01 - $9,999.990.10%0.10%
$10,000.00 - $24,999.990.10%0.10%
$25,000.00 - $49,999.990.10%0.10%
$50,000.00 and above0.10%0.10%
  • *This is a variable rate account and the Interest Rates and APY are subject to change at any time.
  • You must maintain the minimum balance indicated to receive the disclosed APY.
  • Maintain a $100.00 minimum balance to avoid a quarterly maintenance fee of $5.00.
  • Fees could reduce earnings on the account.
  • **REGULATORY TRANSACTION LIMITATIONS MAY APPLY

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