Avoiding Scams Amid the COVID-19 Pandemic

Avoiding Scams Amid the COVID-19 Pandemic

The fear surrounding the COVID-19 pandemic has created a fertile ground for the highly malicious. As is the case with any type of public-based crisis, the spread of the recently identified coronavirus has created a new group of malicious scammers. These individuals...
COVID-19 Financial Tips and Your Banking Options

COVID-19 Financial Tips and Your Banking Options

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...
Deposit with Confidence with FDIC-Insured Financial Institutions

Deposit with Confidence with FDIC-Insured Financial Institutions

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...

6 Ways to Get Your College Tuition Paid

Are you wondering how to pay for college? Whether you’re planning on going to college this fall, next year, or the year after, it is not too late to learn how to get that tuition paid. There are a few programs available that will help pay for college. This brief...

Are Prepaid Cards Insured by the FDIC?

If the card is offered by a bank, the answer is “yes”, prepaid cards are insured. However, there are many important facts that you should know about the coverage and the type of card you have. While traditional checking accounts and savings accounts are still...