Find the option that is right for you...

CD Comparison
 
3 month, 6 month, and 9 month CD
12 - 60 month CD
 Required Deposit to Open
$1,000
$500
 Minimum Daily Balance to Obtain APY*
$1,000
$500
 Additional Deposits Accepted?
No
No
 Withdrawals Permitted Without Penalty?
No
No
 Interest Paid or Credited 
At Maturity
Semi-Annually and  at Maturity
 Automatically Renewed At Maturity? (you have 5 business days after maturity date to withdraw without penalty)
Yes
Yes

 

   
 
  
7 month special CD**
15 month special  CD**
22 month special CD**
 Required Deposit to Open
  
 
  
$5,000
$5,000
                $5,000
 Minimum Daily Balance to Obtain APY*
  
 
  
$5,000
$5,000
                $5,000
 Additional Deposits Accepted?
  
 
  
No
No
                   No
 Withdrawals Permitted Without Penalty?
  
 
  
  No
No
                   No
 Interest Paid or Credited 
  
 
  
At Maturity 
       Semi-Annually           and at Maturity
     Semi-Annually         and at Maturity
 Automatically Renewed At Maturity? (you have 5 business days after maturity date to withdraw without penalty)
  
 
  
Yes, to the regular 6 month CD
Yes, to the regular        12 month CD
 Yes, to the regular       18 month CD
 

   

    *Annual Percentage Yield.

  **To open this certificate of deposit, you must have a new or active(*1) existing Somerset Trust checking account. An additional CD relationship does not qualify a customer for the higher special CD rate.          (*1)Checking account must have a minimum of one transaction during the previous 180 days; interest postings and account fees/service charges do not qualify as a transaction.

 Additional disclosures are necessary to complete the total information package for certificate of deposit accounts and special certificate of deposit accounts. Please request further information from  a New Accounts Representative.