Credit and Debit Card Problems – What to Do

March 4, 2019

Empty Wallet

In today’s highly technological and constantly evolving world, more and more people are utilizing credit cards and debit cards to make purchases – be it in traditional brick and mortar stores or online. As this type of usage increases, the likelihood of experiencing an issue with these type of payment methods is also expected to […]

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Holiday Accounts Help Reduce Spending

December 17, 2018

Santa Giving Gifts

Open a Holiday Savings Account Today to Reduce Excessive Spending During Next Year’s Holiday Season We are officially in the midst of massive financial temptations now that the holiday season is upon us. You might find yourself weathering the spending storm. A holiday savings account can so helpful each holiday season. When you use a […]

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Types of Commercial Loans

August 6, 2018

commercial buildings

Commercial loans are a special type of debt-based funding arrangement that is set up between a business and financial institution that is commonly utilized to provide the funds necessary for capital expenditures and/or to provide a monetary basis for operational costs.Commercial loans may be obtained from either a bank or a private lender.  Somerville Bank […]

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Benefits of Small Business Administration Loans

June 18, 2018

small business loan

Apart from contributing to the growth and comprehensive development of small businesses, there are numerous benefits associated with Small Business Administration Loans. The Small Business Administration is a federal agency that specializes in guaranteeing necessary loans that are made through lending partners throughout the nation. Somerville Bank is one of those lending partners. If you want […]

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The Benefits of Bank Auto Loans

June 4, 2018

Auto Loan

If you are attempting to gain approval for an auto loan, you should skip the dealership and opt to work directly with a bank. There are many benefits of bank auto loans. Bank Auto Loans Throughout history, most individuals seeking to purchase a new or pre-used vehicle have obtained financing as arranged through the vehicle […]

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