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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Mobile Banking Safety Tips

November 18, 2019

Mobile Phone at Coffee Shop

It was not at all long ago when banking was considered to be inconvenient and time-consuming. We had to take time out of our busy day to visit our bank to withdraw money or to deposit funds. Thanks to the ever-expanding growth of technology, we now have a multitude of options as it relates to […]

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Fake Check Scams: A Common Fraud

October 21, 2019

Fake Check Scam

Fake check scams are one of the most common types of fraud committed against consumers. Here we will discuss what a fake check scam looks like and how to prevent falling for one. Have you recently received a check with a request from the sender to send funds back to them? If you answered “yes” […]

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Common Mistakes Made When Saving for Retirement

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 […]

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Your Local Community Bank – The Friend That Offers Numerous Benefits

August 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 […]

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