Somerset Regal Bank
- Bank Name:Somerset Regal Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #28778
- Routing Number:ACH & Wire - 221270211
- Locations:15 Branches in New Jersey
- Web Address:somersetregalbank.com
Somerset Regal Bank Information
Somerset Regal Bank was founded in January 1887 and is based in Bound Brook, New Jersey. The bank operates as a subsidiary of SR Bancorp Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Somerset Regal Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Somerset Regal Bank is a FDIC-insured bank with certificate number of 28778. The assigned Fed RSSD ID of Somerset Regal Bank is 159971.
Somerset Regal Bank currently operates with 15 branches located in New Jersey. Somerset Regal Bank is the 27th largest bank in New Jersey. The bank does not have any offices outside New Jersey.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Somerset Regal Bank is 221270211. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 220 West Union Avenue, Bound Brook, NJ 08805. You can visit the official website of the bank at https://www.somersetregalbank.com for more information and online banking service if available. For a comprehensive list of Somerset Regal Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In New Jersey
History Of Somerset Regal Bank
Somerset Regal Bank is a financial institution that was established in 1887 under the name Somerset Savings and Loan Association. Over the years, the bank underwent several name changes, becoming Somerset Savings Bank, Sla on November 30, 1988. The bank’s operational structure was further modified when it changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC) on July 21, 2011. On June 29, 2006, the main office was relocated to 220 West Union Avenue, Bound Brook, New Jersey. Most recently, on September 19, 2023, the bank acquired Regal Bank in Livingston, New Jersey, and subsequently rebranded itself as Somerset Regal Bank. This change was accompanied by a shift in organization type to a commercial bank and an adjustment in its classification to a state-chartered bank, indicating that it is not a member of the Federal Reserve System.
Below is a list of some important events in bank's history, including mergers and acquisitions.
09-19-2023Acquired Regal Bank in Livingston, NJ.
09-19-2023Changed Institution Name to Somerset Regal Bank.
09-19-2023Changed Organization Type to Commercial Bank.
09-19-2023Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
07-21-2011Changed Primary Federal Regulatory Agency to FDIC.
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