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Somerset County, NJ Bank Facts, Financials, News and Rates

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  • About Somerset County:
    There are 123 bank branches in Somerset County, NJ and 5 banks with headquarters in Somerset County. 3,853 full-time employees are at the banks that maintain their headquarters in Somerset County.
  • Somerset County, NJ has 123 bank branches, which hold $8,699 Million in deposits. The average Somerset County bank holds $71 Million in deposits.
  • Bank Of America is the largest bank with a branch located in Somerset County. Bank Of America has an asset size of $1,880 Billion and employs 209,202 people full-time.
  • Overall, there is $17 Billion in bank assets in the entire county.
  • The average APY available in Somerset County for a 12 month CD is 0.55 %. To compare this rate to the rate you can get by running a live MoneyAisle auction (where banks compete to give you great rates), requires only a couple of minutes and no commitment to buy (unless you accept the winning bid.) Try it out for yourself: Run a Live Auction Now!

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Somerset County Banks - Fast Facts

  • Banks HQ in Somerset: 5
  • Number of Somerset Branches: 123
  • Average Branch Deposit Size: $71 Million
  • Somerset HQ Banks Employ : 3,853 full-time employees
  • Somerset HQ Banks Assets: $17 Billion
  • Biggest Bank HQ in Somerset (Assets): Metlife Bank
  • Smallest Bank HQ in Somerset (Assets): Community First Bank
  • % of NJ Bank Assets: 10.12 %
  • % of US Bank Assets: 0.13 %

Data from FDIC as of 3/31/2009

Banks Headquartered in Somerset County

(Largest Banks by Asset Size)

Banks with Branches in Somerset County

(Largest Banks by Asset Size)