Press Release
August, 2020 Somerville Bank has recently announced the addition of John Muncy to their Board of Directors. John is a prominent member of the New...
How to Cope with the Financial Difficulties Created by the COVID-19 Pandemic
Nearly half of all of the adults in the United States have claimed that they are experiencing adverse mental health complications as a result of the...
How to Survive in a Digital Economy Amid the COVID-19 Pandemic
source:pexels Since the start of the COVID-19 pandemic, cashless payments have risen significantly. In fact, professionals are stating that the...
FDIC Now Offers an Electronic Deposit Insurance Estimator (EDIE) to Allow Account Holders to Determine if Their Deposits are Completely Insured
source:pixabay It is a well-known fact that since the year of 1933, not one depositor has lost even a penny of their money that is covered by the...
The Benefits of Digital Banking During the Coronavirus Pandemic
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...
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...
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...
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...
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...
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...
Making Sense of How to Use Your Business Cents
As the owner of a small business, you have many financial obligations. These include – but are not limited to – operational costs, the expenses...
New Somerville Bank Branch
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...
Mobile Banking Safety Tips
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...
Fake Check Scams: A Common Fraud
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...
Common Mistakes Made When Saving for Retirement
Millions of people in the US experience financial challenges every single day. Individuals entering their retirement years are doing so during a...