Somerset Regal Bank is a bank based in Bound Brook, New Jersey, established in 1887, with $1.1 billion in total assets across 14 branches. By Trust Grade it ranks 26th of 50 banks we track in New Jersey. Its capital ratio of 15.9% is stronger than 95% of similarly sized banks, versus a New Jersey median of 11.3%. It was profitable over the most recent period, with a 0.33% return on assets. No consumer complaints against Somerset Regal Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Somerset Regal Bank compares to New Jersey peers
How we graded Somerset Regal Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.9% capital ratio)
- Profitable (ROA 0.33%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Somerset Regal Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (14)
- 64 W End Ave, Somerville, NJ 08876
- 802 Somerset Street, Raritan, NJ 08869
- 1305 Bound Brook Rd, Middlesex, NJ 08846
- 410 Us 22, Whitehouse Station, NJ 08889
- 141 Broad St, Flemington, NJ 08822
- 41 S Main St, Manville, NJ 08835
- 220 W Union Ave, Bound Brook, NJ 08805
- 464 Elizabeth Ave, Somerset, NJ 08873
- 899 Mountain Avenue, Springfield, NJ 07081
- 180 Eagle Rock Ave, Roseland, NJ 07068
- 39 Columbia Tpke, Florham Park, NJ 07932
- 290 Millburn Ave, Millburn, NJ 07041
- 641 Eagle Rock Ave, West Orange, NJ 07052
- 66 W Mount Pleasant Ave, Livingston, NJ 07039
Are deposits at Somerset Regal Bank insured?
Yes. Somerset Regal Bank is an FDIC-insured bank (FDIC certificate #28778). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Somerset Regal Bank: frequently asked questions
Is Somerset Regal Bank a good bank?
Somerset Regal Bank earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (15.9% capital ratio); Profitable (ROA 0.33%).
Is Somerset Regal Bank FDIC-insured?
Yes. Somerset Regal Bank is a FDIC-insured bank (FDIC certificate #28778). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Somerset Regal Bank?
Somerset Regal Bank holds $1.1 billion in total assets, ranking 26th of 50 banks we track in New Jersey. It operates 14 branches.
Does Somerset Regal Bank have CFPB complaints?
No CFPB complaints against Somerset Regal Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
