What are the current interest rates at Somerset Federal Credit Union?

Current rates for Somerset Federal Credit Union include: 12-Month CD: 0.45%, 24-Month CD: 0.55%, 60-Month CD: 1.00%, Savings: 0.10%, MMA: 0.15%

MonitorBankRates

☰

Survey Results We asked readers after the Fed’s Sept. 16 hike: 50% of savers say their bank still has not raised their rate since the Fed funds rate increase. See the full results

Home›
Credit Unions›
Somerset Federal Credit Union

iAdvertiser Disclosure

Somerset Federal Credit Union Rates & Review October 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Somerset Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 13, 2026

Somerset Federal Credit Union's top rates as of October 13, 2026 are 4.50% APY on its 13 Month Roth IRA Term CD, 0.10% APY on savings, 0.15% APY on money market accounts, 0.05% APY on checking, 6.50% on its Adjustable-Rate Mortgage 1/1, and personal loans from 9.50% APR, according to rates verified by MonitorBankRates. Other Somerset Federal Credit Union CD rates include 13 Month Term CDs at 4.50%, 13 Month Traditional IRA Term CD at 4.50%, and 7 Month Roth IRA Term CD at 3.90%. Other Somerset Federal Credit Union mortgage rates include Fixed-Rate Mortgage at 7.00%, Fixed-Rate Mortgage at 6.88%, and Adjustable-Rate Mortgage 5/1 at 6.62%. MonitorBankRates evaluates the financial stability of Somerset Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.02%. Rates last updated and verified on 10/13/2026.

Somerset Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Somerset Federal Credit Union? Share your experience about Somerset Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Somerset Federal Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.02%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

Somerset Federal Credit Union
Somerset Federal Credit Union

740 County St
Somerset, MA 02726

https://www.somersetfcu.com

Customer Reviews

Be the first to review

Write a Review

Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Somerset Federal Credit Union CD Rates

Product	Rate	APY	Term
13 Month Roth IRA Term Share Certificate	-	4.50%	13 Months
Details Roth IRA; Special term for a limited time only Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 4.50% APY Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
13 Month Term Share Certificates	4.40%	4.50%	13 Months
Details Special term for a limited time only. Last Updated 10/13/2026 Rate History No change since Oct 9, 2026 · 4.50% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
13 Month Traditional IRA Term Share Certificate	-	4.50%	13 Months
Details Special term for a limited time only; penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History No change since Oct 9, 2026 · 4.50% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
7 Month Roth IRA Term Share Certificate	-	3.90%	7 Months
Details Roth IRA; Special term for a limited time only Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 3.75% → 3.90% ▲ 0.15 pts · high 3.90% / low 3.75% Oct 13, 20263.90%▲ from 3.75% Sep 14, 20263.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
7 Month Term Share Certificates	3.83%	3.90%	7 Months
Details Special term for a limited time only. Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 3.75% → 3.90% ▲ 0.15 pts · high 3.90% / low 3.75% Oct 9, 20263.90%▲ from 3.75% Sep 14, 20263.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
7 Month Traditional IRA Term Share Certificate	-	3.90%	7 Months
Details Special term for a limited time only; penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 3.75% → 3.90% ▲ 0.15 pts · high 3.90% / low 3.75% Oct 9, 20263.90%▲ from 3.75% Sep 14, 20263.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
60 Month Roth IRA Term Share Certificate	-	1.00%	60 Months
Details Roth IRA Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
60 Month Term Share Certificates	1.00%	1.00%	60 Months
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
60 Month Traditional IRA Term Share Certificate	-	1.00%	60 Months
Details Penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
48 Month Roth IRA Term Share Certificate	-	0.80%	48 Months
Details Roth IRA Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.80% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
48 Month Term Share Certificates	0.80%	0.80%	48 Months
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.80% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
48 Month Traditional IRA Term Share Certificate	-	0.80%	48 Months
Details Penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.80% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
36 Month Roth IRA Term Share Certificate	-	0.70%	36 Months
Details Roth IRA Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.70% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
36 Month Term Share Certificates	0.70%	0.70%	36 Months
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.70% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
36 Month Traditional IRA Term Share Certificate	-	0.70%	36 Months
Details Penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.70% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
24 Month Roth IRA Term Share Certificate	-	0.55%	24 Months
Details Roth IRA Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.55% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
24 Month Term Share Certificates	0.55%	0.55%	24 Months
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.55% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
24 Month Traditional IRA Term Share Certificate	-	0.55%	24 Months
Details Penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.55% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
12 Month Roth IRA Term Share Certificate	-	0.45%	12 Months
Details Roth IRA Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
12 Month Term Share Certificates	0.45%	0.45%	12 Months
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
12 Month Traditional IRA Term Share Certificate	-	0.45%	12 Months
Details Penalty may be imposed for withdrawals before maturity Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.45% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
6 Month Term Share Certificates	0.25%	0.25%	6 Months
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.25% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Savings Rates

Product	Rate	APY
DinoSaversSM	0.10%	0.10%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Statement Savings	0.10%	0.10%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.10% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
TeenCents SavingsSM	0.10%	0.10%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Christmas Club Account	0.05%	0.05%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Money Market Rates

Product	Rate	APY	View More
Statement Money Market Account	0.15%	0.15%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.15% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Checking Rates

Product	Rate	APY
FREE Checking	0.05%	0.05%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
TeenCents CheckingSM	0.05%	0.05%
No additional details. Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Mortgage Rates

Product	Rate	Points	APR	Term
Fixed-Rate Mortgage	7.00%	-	7.044%	20 Year
Details APR based on loan amount of $165,000; Maximum loan amount $700,000 Last Updated 10/13/2026 Rate History 2 changes since Sep 17, 2026 · 6.01% → 7.04% ▲ 1.04 pts · high 7.13% / low 6.01% Sep 25, 20267.04%▼ from 7.13% Sep 24, 20267.13%▲ from 6.01% Sep 17, 20266.01%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Mortgage	6.875%	-	7.137%	15 Year
Details APR based on loan amount of $165,000; Maximum loan amount $700,000 Last Updated 10/13/2026 Rate History 2 changes since Sep 17, 2026 · 5.91% → 7.14% ▲ 1.22 pts · high 7.14% / low 5.91% Sep 25, 20267.14%▲ from 7.04% Sep 24, 20267.04%▲ from 5.91% Sep 17, 20265.91%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Adjustable-Rate Mortgage 5/1	6.625%	-	7.171%
Details Term: 5/1 (ARM); APR based on loan amount of $165,000; 2% per year & 6% life of loan cap Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.17% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Mortgage	7.125%	-	7.224%	30 Year
Details APR based on loan amount of $165,000; Maximum loan amount $700,000 Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 6.10% → 7.22% ▲ 1.13 pts · high 7.22% / low 6.10% Sep 24, 20267.22%▲ from 6.10% Sep 17, 20266.10%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Mortgage	6.625%	-	7.231%	10 Year
Details APR based on loan amount of $165,000; Maximum loan amount $700,000 Last Updated 10/13/2026 Rate History 2 changes since Sep 17, 2026 · 5.73% → 7.23% ▲ 1.50 pts · high 7.23% / low 5.73% Sep 25, 20267.23%▲ from 6.86% Sep 24, 20266.86%▲ from 5.73% Sep 17, 20265.73%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Adjustable-Rate Mortgage 3/1	6.75%	-	7.311%
Details Term: 3/1 (ARM); APR based on loan amount of $165,000; 2% per year & 6% life of loan cap Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.31% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Adjustable-Rate Mortgage 1/1	6.50%	-	7.392%
Details Term: 1/1 (ARM); APR based on loan amount of $165,000; 2% per year & 6% life of loan cap Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.39% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage	7.25%	-	7.855%	30 Year
Details Maximum loan amount - $700,000. APR based on loan amount of $165,000. Last Updated 10/13/2026 Rate History 2 changes since Sep 14, 2026 · 6.63% → 7.86% ▲ 1.22 pts · high 7.86% / low 6.63% Sep 25, 20267.86%▲ from 7.76% Sep 24, 20267.76%▲ from 6.63% Sep 14, 20266.63%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage	7.125%	-	7.895%	20 Year
Details Maximum loan amount - $700,000. APR based on loan amount of $165,000. Last Updated 10/13/2026 Rate History 2 changes since Sep 14, 2026 · 6.66% → 7.90% ▲ 1.23 pts · high 7.90% / low 6.66% Sep 25, 20267.90%▲ from 7.78% Sep 24, 20267.78%▲ from 6.66% Sep 14, 20266.66%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage	7.00%	-	7.94%	15 Year
Details Maximum loan amount - $700,000. APR based on loan amount of $165,000. Last Updated 10/13/2026 Rate History 2 changes since Sep 14, 2026 · 6.69% → 7.94% ▲ 1.25 pts · high 7.94% / low 6.69% Sep 25, 20267.94%▲ from 7.81% Sep 24, 20267.81%▲ from 6.69% Sep 14, 20266.69%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Construction Mortgage	6.75%	-	8.024%	10 Year
Details Maximum loan amount - $700,000. APR based on loan amount of $165,000. Last Updated 10/13/2026 Rate History 2 changes since Sep 14, 2026 · 6.74% → 8.02% ▲ 1.28 pts · high 8.02% / low 6.74% Sep 25, 20268.02%▲ from 7.86% Sep 24, 20267.86%▲ from 6.74% Sep 14, 20266.74%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term
Fixed Rate Home Equity Loan - 2nd Mortgage	7.00%	-	7.00%	5 Years
Details APR based on $50,000. Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 6.50% → 7.00% ▲ 0.50 pts · high 7.00% / low 6.50% Oct 5, 20267.00%▲ from 6.50% Sep 14, 20266.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Home Equity Line of Credit	7.00%	-	7.00%	10 Years
Details Maximum loan amount $150,000 Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 6.25% → 7.00% ▲ 0.75 pts · high 7.00% / low 6.25% Sep 24, 20267.00%▲ from 6.25% Sep 14, 20266.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed Rate Home Equity Loan - 2nd Mortgage	7.25%	-	7.25%	10 Years
Details APR based on $50,000. Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 7.00% → 7.25% ▲ 0.25 pts · high 7.25% / low 7.00% Oct 5, 20267.25%▲ from 7.00% Sep 14, 20267.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Home Equity Loan - 1st Lien	7.25%	-	7.25%	10 Years
Details APR based on $100,0000; Maximum loan amount - $100,000; Refinancing existing SFCU loans excluded; Minimum $5.00 deposit account required Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 6.25% → 7.25% ▲ 1.00 pts · high 7.25% / low 6.25% Sep 24, 20267.25%▲ from 6.25% Sep 14, 20266.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed-Rate Home Equity Loan - 1st Lien	7.375%	-	7.375%	15 Years
Details APR based on $100,0000; Maximum loan amount - $100,000; Refinancing existing SFCU loans excluded; Minimum $5.00 deposit account required Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 6.38% → 7.38% ▲ 1.00 pts · high 7.38% / low 6.38% Sep 24, 20267.38%▲ from 6.38% Sep 14, 20266.38%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Fixed Rate Home Equity Loan - 2nd Mortgage	7.50%	-	7.50%	15 Years
Details APR based on $50,000. Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 7.25% → 7.50% ▲ 0.25 pts · high 7.50% / low 7.25% Oct 5, 20267.50%▲ from 7.25% Sep 14, 20267.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term	View More
New & Used Auto Loan	-	-	6.00%	12 Months
Details Term: 12 Months to 72 Months; As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account; Add 1% to the rate if financing 100%; 2026 - 2025 is considered New Autos; 2024 - 2019 is considered Used Autos Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 5.50% → 6.00% ▲ 0.50 pts · high 6.00% / low 5.50% Sep 24, 20266.00%▲ from 5.50% Sep 14, 20265.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term	View More
Motorcycle Loan	-	8.50%	12 Months
Details Term: 12 Months to 60 Months; As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account; 20% down payment required; Effective Date: Tuesday, October 13, 2026 Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 7.50% → 8.50% ▲ 1.00 pts · high 8.50% / low 7.50% Sep 24, 20268.50%▲ from 7.50% Sep 14, 20267.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Personal Loan Rates

Product	APR	Term
Personal Loan	9.50%	12 Months
Details As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account. Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 9.00% → 9.50% ▲ 0.50 pts · high 9.50% / low 9.00% Sep 24, 20269.50%▲ from 9.00% Sep 17, 20269.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Personal Loan	9.50%	24 Months
Details As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account. Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 9.00% → 9.50% ▲ 0.50 pts · high 9.50% / low 9.00% Sep 24, 20269.50%▲ from 9.00% Sep 17, 20269.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Personal Loan	9.50%	36 Months
Details As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account. Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 9.00% → 9.50% ▲ 0.50 pts · high 9.50% / low 9.00% Sep 24, 20269.50%▲ from 9.00% Sep 17, 20269.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Personal Loan	9.75%	48 Months
Details As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account. Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 9.25% → 9.75% ▲ 0.50 pts · high 9.75% / low 9.25% Sep 24, 20269.75%▲ from 9.25% Sep 17, 20269.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Personal Loan	9.75%	60 Months
Details As Low As; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account. Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 9.25% → 9.75% ▲ 0.50 pts · high 9.75% / low 9.25% Sep 24, 20269.75%▲ from 9.25% Sep 17, 20269.25%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Debt Consolidation Loan	11.00%	12 to 36 Months
Details As Low As; Rates apply to bill consolidation loans greater than $10,000.00; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account Last Updated 10/13/2026 Rate History 1 change since Sep 17, 2026 · 10.00% → 11.00% ▲ 1.00 pts · high 11.00% / low 10.00% Sep 24, 202611.00%▲ from 10.00% Sep 17, 202610.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Debt Consolidation Loan	11.50%	42 to 60 Months
Details As Low As; Rates apply to bill consolidation loans greater than $10,000.00; Rate based on credit score and reflects a 0.25% discount for automatic payment deducted from qualified SFCU account Last Updated 10/13/2026 Rate History No change since Sep 24, 2026 · 11.50% APR · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Somerset Federal Credit Union Other Rates

Product	Rate	Points	APY/APR	Term
First-Time Homebuyer - 10 Year Loan	6.875%	-	6.875%	10 Year
Details Maximum loan amount $700,000; APR based on loan amount of $165,000; Effective Date: Tuesday, October 13, 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 6.88% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
First-Time Homebuyer - 15 Year Loan	7.125%	-	7.125%	15 Year
Details Maximum loan amount $700,000; APR based on loan amount of $165,000; Effective Date: Tuesday, October 13, 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.13% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
First-Time Homebuyer - 20 Year Loan	7.25%	-	7.25%	20 Year
Details Maximum loan amount $700,000; APR based on loan amount of $165,000; Effective Date: Tuesday, October 13, 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.25% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
First-Time Homebuyer - 30 Year Loan	7.375%	-	7.375%	30 Year
Details Maximum loan amount $700,000; APR based on loan amount of $165,000; Effective Date: Tuesday, October 13, 2026 Last Updated 10/13/2026 Rate History No change since Oct 13, 2026 · 7.38% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Home Alternative Energy Loan	-	-	7.75%	12 Months
Details As Low As; Call for additional terms and rates; Monthly payment per $1,000 borrowed depends upon rate and term selected Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 7.00% → 7.75% ▲ 0.75 pts · high 7.75% / low 7.00% Sep 24, 20267.75%▲ from 7.00% Sep 14, 20267.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Kasasa Cash Checking	1.98%	-	2.00%
Min Balance $0 Details Qualifications Required; Balance: $0.00 - $10,000.00; APY 2.00% (1.98% if linked to Kasasa Saver); Rates effective Tuesday, October 13, 2026 Last Updated 10/13/2026 Rate History No change since Sep 21, 2026 · 2.00% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Kasasa Saver Savings	0.99%	-	1.00%
Details Qualifications Required; Balance: 0-$100,000; Qualifying balance up to $100,000.00 Last Updated 10/13/2026 Rate History 1 change since Sep 14, 2026 · 0.05% → 1.00% ▲ 0.95 pts · high 1.00% / low 0.05% Oct 13, 20261.00%▲ from 0.05% Sep 14, 20260.05%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Roth IRA Account	0.40%	-	0.40%
Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.40% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%
Traditional IRA Account	0.40%	-	0.40%
Last Updated 10/13/2026 Rate History No change since Sep 14, 2026 · 0.40% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.02%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Somerset Federal Credit Union’s Texas Ratio fell from 3.14% in Q3 2023 to 1.02% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$263M	1.02%	5.0	A+
March 31, 2026	$262M	0.39%	5.0	A+
December 31, 2025	$259M	0.88%	5.0	A+
September 30, 2025	$250M	0.48%	5.0	A+
June 30, 2025	$243M	1.07%	5.0	A+
March 31, 2025	$242M	0.86%	5.0	A+
December 31, 2024	$237M	2.29%	5.0	A+
September 30, 2024	$236M	2.00%	5.0	A+
June 30, 2024	$232M	1.91%	5.0	A+
March 31, 2024	$235M	3.14%	5.0	A+
December 31, 2023	$236M	0.82%	5.0	A+
September 30, 2023	$234M	3.14%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Somerset Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Somerset Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Somerset Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Somerset Federal Credit Union

Website https://www.somersetfcu.com

Address 740 County St, Somerset, MA 02726

Phone 508-678-2851

Fax 508-646-9903

President Brian Murphy

CEO Joseph Lajoie

Full-Time Employees 34

Part-Time Employees 5

Branch Locations 2

ATM Locations 2

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

1.02%

Return on Assets (ROA)

0.3468%

Return on Equity (ROE)

2.7711%

Non-Performing Loans Ratio (NPL)

0.19%

Total Assets

263,304,434

Total Amount of Shares and Deposits

232,824,092

Total Shares and Deposits < 1 Year

232,023,569

Total Shares and Deposits 1 3 Years

546,564

Total Shares and Deposits > 3 Years

253,960

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

18,862,576

Total Uninsured Shares and Deposits > $250K (F+J)

18,862,576

Total Insured Shares and Deposits > $250K (item 17 less item K)

213,961,516

Total Interest Expense (Sum of items 6 8)

1,511,707

Share Certificates

1,119

Number of Accounts for Share Drafts

6,506

IRA KEOGH Accounts

Number of Accounts for Regular Shares

9,278

All other shares

780

Money Market Shares

958

Net Income (unless the amount is already included in Undivided Earnings)

913,145

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

8,477,928

Total Liabilities

233,735,261

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Somerset Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

<a href="https://www.monitorbankrates.com/credit-unions/somerset-federal-credit-union-rates-review-24239">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

There are no reviews for Somerset Federal Credit Union yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Somerset Federal Credit Union

Frequently Asked Questions About Somerset Federal Credit Union

How many branches does Somerset Federal Credit Union operate?

Somerset Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Somerset Federal Credit Union?

Yes, to access services at Somerset Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Somerset Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Somerset Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Somerset Federal Credit Union offer online and mobile banking?

Most modern institutions like Somerset Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.somersetfcu.com.

Current Somerset Federal Credit Union Rates

12-Month CD0.45%
24-Month CD0.55%
60-Month CD1.00%
Savings0.10%
MMA0.15%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Credit Unions

Somerset Federal Credit Union Rates & Review October 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Somerset Federal Credit Union Texas Ratio

Somerset Federal Credit Union Health Trend

Somerset Federal Credit Union CD Rates

Somerset Federal Credit Union Savings Rates

Somerset Federal Credit Union Money Market Rates

Somerset Federal Credit Union Checking Rates

Somerset Federal Credit Union Mortgage Rates

Somerset Federal Credit Union Home Equity & HELOC

Somerset Federal Credit Union Auto Loan Rates

Somerset Federal Credit Union RV, Boat and Powersport Loan Rates

Somerset Federal Credit Union Personal Loan Rates

Somerset Federal Credit Union Other Rates

Financial Health History

Methodology & Data Sources

Credit Union Profile & Overview

Financials

Somerset Federal Credit Union earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Somerset Federal Credit Union

How many branches does Somerset Federal Credit Union operate?

Is a member application needed to join Somerset Federal Credit Union?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Somerset Federal Credit Union offer online and mobile banking?

Current Somerset Federal Credit Union Rates

Compare to Other Credit Unions