What Are Credit Reports and Credit Scores and What Should I Know About Them?

September 21, 2021

Credit Card Credit Score

Your credit history is considered to be of high importance to many different professionals and organizations. These include banks, companies that specialize in lending money for mortgages, companies that offer utility services, vehicle loan companies, landlords, prospective employers, and more. As a result, it is imperative that you gain a solid understanding of your credit […]

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Financial Protections for Military Personnel and Their Families

August 16, 2021

Military Family

We here at Somerville Bank salute and appreciate each and every servicemember – whether past or present. We also extend our appreciation to the families of our servicemembers for their sacrifices and contributions to the liberties and freedoms that we experience in the United States. Thank you – to each and every single one of […]

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Do I Need a Bank Account?

July 19, 2021

Young Girl Bank Account

In short, yes, you need a bank account. According to statistics, approximately 7 million households in the United States do not have a bank account. If you are an individual that has yet to get your account, now is the time. Not only will this help protect your money, it will help save you time […]

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You Are at Immediate Risk of Becoming a Victim of Identity Theft

May 17, 2021

Man Stealing Identity

Many people believe that becoming a victim of identity theft is rare; however, statistics associated with this crime indicate that most are at immediate risk. Identity theft poses many challenges directly to consumers as criminals that commit these crimes continue to develop brand new mechanisms for engaging in this type of fraud. In the year […]

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How to Get a Free Credit Report

March 16, 2021

Credit Report Illust

As a consumer, you are entitled to receive a free copy of your credit report once every twelve months from each of the credit reporting companies, TransUnion, Equifax, and Experian. The easiest method is to go on the internet to annualcreditreport.com. You may also call 1-877-322-8228. To verify your identity to receive your free credit […]

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