September 16, 2019
Millions of people in the US experience financial challenges every single day. Individuals entering their retirement years are doing so during a period considered the worst in economic downturn since the Great Depression. Baby boomers have observed up to 50% shrinkage in their retirement accounts, a real estate market that has been completely decimated, low […]
Continue ReadingSeptember 1, 2019
You receive an unexpected, official-looking envelope in the mail. You cautiously open it and discover it includes a check – or, possibly even a money order – for a whopping $10,000. You are informed that you have won $2 million in a state lottery and that you may immediately claim your winnings. Prior to doing […]
Continue ReadingAugust 19, 2019
In today’s world of technological advancements and the establishment of the mobile-driven environment, it is common for individuals to interact with financial institutions and other businesses through specially-designed apps, social media platforms, and websites. As a result, the “human element” has been lost. Even the concept of “face time” has taken on new meaning. Long […]
Continue ReadingAugust 5, 2019
If you have an interest in purchasing your first home and are in need of a mortgage loan, this information is for you. Obtaining your very first home can be challenging. Even more so if you are without the necessary information that will help you. Preparation is the key to success. Most of the first-time […]
Continue ReadingJuly 15, 2019
While buying your first home is an important milestone, it is also a challenging endeavor that can prove to be quite overwhelming. Not only do you have to shop around for the perfect structure for you and your family, but you will also need to obtain funding through the means of a mortgage in order […]
Continue ReadingJune 30, 2019
You Can Help Your Teen Effectively Manage Their Money by Opening a Bank Account Once They Get Their First Job Did your teen just land their first job? That’s exciting. While this is an important milestone, it should immediately be followed by another milestone – opening their first bank account. Teen banking provides you with […]
Continue ReadingJune 17, 2019
Banking is considered an essential life skill and teen checking accounts can help. If you are the parent or guardian of a teenager, the time to get started is now. In a recent international-based study, a total of 48,000 different 15-year-old teenagers were found to struggle with the most basic concepts associated with money. Out […]
Continue ReadingJune 3, 2019
Older populations are at risk of becoming victims of several different types of abuse. The most common form of abuse taking place in today’s world is financial abuse. This type of abuse is commonly perpetrated by those that know the victim; however, others that are not known by the victim may also take advantage of […]
Continue ReadingMay 29, 2019
On April 27, 2019 The Preble County Art Association held the event called “Good Folk Bad Art”. Our employee, Elizabeth O’Hair, participated in this event. She painted the Old Livery Stable on an old window. The Livery stable is still in Eaton on S. Cherry Street. Elizabeth’s painting is now hanging in the 1131 N […]
Continue ReadingMay 28, 2019
Somerville Bank is pleased to announce the addition of Rick Hawley as Vice President and Senior Agricultural Specialist to their Lending Team. Born and raised in New Paris, Ohio. Rick graduated from National Trail High School in 1976 and attended Miami University. He graduated from Miami University in 1980 with a BS in Business Administration […]
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