Tax Season Tips
Tax season is in full swing. Electronic tax returns are now being accepted by the Internal Revenue Service. This year alone, 155 million returns are...
Understanding Increasing Credit Card Interest Rates
In 2017 alone, the Federal Reserve increased the interest rate not once, twice, but a total of three times. As a result of this fact, the interest...
The Advantages of Choosing a State Charter Bank
At the start of the New Year, we here at Somerville National Bank acquired a State Charter. We are now pleased to announce that we are now...
Somerville National Bank Converts to an Ohio State Chartered Bank.
Somerville National Bank’s Board of Directors announced that we have converted from a national bank charter to an Ohio state chartered bank and...
Consolidate Your Credit Card Debt with a Personal Loan
According to information released in November of 2017, the average household in the United States has $6,662 in credit card debt. In addition to...
Start Saving Now for a Credit Card-Free Christmas in 2018
According to the yearly consumer survey by the National Retail Federation, holiday spending in 2017 will increase from an average of $936 to an...
Save Money by Reading the Fine Print of No-Interest Offers
It’s the holiday season and consumers everywhere are looking for great gifts at low prices! Do you have your eye on a large...
Add-Ons with Credit Cards – Should You Say “Yes”?
In recent years, a large number of credit card companies have been engaging in the act of cross-selling add-ons. In most instances, these are...
Top 5 Holiday Shopping Tips to Save You Money
It is a known fact that your bank account and your credit have the potential to get hit hard during the holiday season. According to the national...
Cyber Tips: Shopping Safely Online
November, 2017 | Volume 12, Issue 11 As Cyber Monday and the season for online shopping quickly approaches, its worth taking a few moments to ensure...
Tips for Young Adults: How to Get a Good Deal on Auto Loans
As a young adult, purchasing a vehicle is exciting. Unfortunately, the car-buying process is one that is filled with a high level of uncertainty....
FDIC Wants Every Household to Have Safe, Affordable Financial Services
For most of us, having at least one bank account is something we take for granted. We often have two or more accounts for various purposes. However,...
Refinancing Extends Past Mortgages
It is a known fact that it is possible to refinance a mortgage; however, many have no idea that it is actually possible to refinance other types of...
Simple Strategies for Rebounding from a Bad Credit History
If you are grappling with a troublesome history of loan repayment issues, debt payment challenges, and/or other credit complications, improving your...
Banking Tips for Small Business
Small businesses are considered to be a highly crucial component to the economy. Additionally, they are exceptionally important to the entrepreneurs...