March 2020 - Somerville Bank Richmond Indiana

COVID-19 Financial Tips and Your Banking Options

March 18, 2020

Governor DeWine has made many executive orders in the past several days. However, the Employees, Officers, and Directors of Somerville Bank want you to know we are here for you as we always are. Your accounts at Somerville Bank are insured up to $250,000.00 and your retirement accounts are also insured separately up to $250,000.00, […]

Deposit with Confidence with FDIC-Insured Financial Institutions

March 15, 2020

In 1933, the Federal Deposit Insurance Corporation – often identified as simply the “FDIC” – was created as a direct response to the failure of several banks during the Great Depression. Today, this corporation is known for taking measures to protect depositors. In fact, since the initiation of the corporation’s insurance in the year of […]