SR Bancorp, Inc. operates as the holding company for Somerset Regal Bank that provides retail and commercial banking services to individuals, businesses, and local municipalities in the United States. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposits, as well as business checking accounts for small businesses. The company also provides loans, such as residential, commercial real estate, multi-family, commercial and industrial, and consumer loans. In addition, it offers bill payment services through its online banking system. Further, the company engages in investment activities. It serves communities of Essex, Hunterdon, Middlesex, Morris, Somerset, and Union counties in New Jersey. The company was founded in 1887 and is based in Bound Brook, New Jersey.