How to Survive in a Digital Economy Amid the COVID-19 Pandemic

July 20, 2020

mobile banking

Since the start of the COVID-19 pandemic, cashless payments have risen significantly. In fact, professionals are stating that the coronavirus is actually accelerating the trend towards a completely cashless economy. This is a direct result of the immense growth behind e-commerce and the unique fear of handling cash that could be potentially contaminated with COVID-19. […]

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The Benefits of Digital Banking During the Coronavirus Pandemic

May 18, 2020

Online Banking

Now that the world is in the midst of a coronavirus pandemic that involves a potentially deadly virus, the banks around the nation are placing the health of their customers, the communities where they operate, and their employees as a top priority. Considered to be an essential business, banks are taking every measure possible to […]

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Avoiding Scams Amid the COVID-19 Pandemic

April 20, 2020

Scammer during Covid19

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 are targeting individuals who are awaiting the economic stimulus package for their family, […]

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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, […]

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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 […]

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6 Ways to Get Your College Tuition Paid

February 17, 2020

Pay for College Tuition

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 guide will help take the […]

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Are Prepaid Cards Insured by the FDIC?

January 20, 2020

Credit Card

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 considered to be widely popular among consumers, many are turning […]

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Making Sense of How to Use Your Business Cents

December 16, 2019

As the owner of a small business, you have many financial obligations. These include – but are not limited to – operational costs, the expenses associated with the expansion of your business, and taking measures to protect both your customers and your employees. You may find yourself overwhelmed when it comes to budgeting, the types […]

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New Somerville Bank Branch

November 19, 2019

Somerville New Lebanon Branch Door

Somerville Bank is proud to announce the opening of our New Lebanon branch! We’re thrilled to be able to serve more customers closer to where they live, work, and play. Come visit our new location at 695 West Main Street. 695 W Main Street New Lebanon, Ohio.  Convenient Hours Monday-Saturday LOBBY & DRIVE THROUGH HOURS:Mon-Thurs […]

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