Somerville National Bank Converts to an Ohio State Chartered Bank.

Somerville National Bank’s Board of Directors announced that we have converted from a national bank charter to an Ohio state chartered bank and changed our name to “Somerville Bank.” The conversion is not expected to affect the our shareholders, customers,...

Consolidate Your Credit Card Debt with a Personal Loan

According to information released in November of 2017, the average household in the United States has $6,662 in credit card debt. In addition to this, it has been estimated that the consumer who uses a credit card for holiday shopping spends in excess of $1,000. As a...

Start Saving Now for a Credit Card-Free Christmas in 2018

According to the yearly consumer survey by the National Retail Federation, holiday spending in 2017 will increase from an average of $936 to an average of $967. That is a 3% increase from spending averages in 2016. Many individuals find that it is easier to utilize...

Save Money by Reading the Fine Print of No-Interest Offers

  It’s the holiday season and consumers everywhere are looking for great gifts at low prices! Do you have your eye on a large refrigerator/freezer complete with ice maker and filtered-water dispenser? Perhaps a large-screen 3-D TV is on the family wish list....

Add-Ons with Credit Cards – Should You Say “Yes”?

In recent years, a large number of credit card companies have been engaging in the act of cross-selling add-ons. In most instances, these are identified as “protections” that assist the credit card holder in the event of a financial hardship, such as the development...