Commercial loans are issued to various types of business entities. These loans are typically utilized to assist in areas where short-term funding is needed immediately. These areas may include operational costs, purchasing of much-needed equipment, payroll, or to...
Which is the Best Bank Account for Me – A Checking Account, A Savings Account, or a Money Market Account? It is a known fact that we all have a multitude of options when it comes to the safe placement of our money; however, the three most common options are a checking...
Last week in the first installment of our series, The Importance of Planning for the Future Care of an Aging Loved One, you learned that most families put off the financial planning of their aging loved ones until a true need arises; as a result, most families find...
Saving for the purchase of a vehicle, a home, and even college are all common activities among today’s population. Investing in a retirement account is also an activity that holds a high level of importance. Unfortunately, there is one area where we often fall short;...
Somerville Bank has 8 Locations