March 18, 2019
When choosing a bank, there are many factors that should be considered. The future of the money that you have earned and elect to save depends upon your making the best choice possible for you and your unique needs. While it is true that both community banks and commercial banks offer many of the […]
Continue ReadingMarch 4, 2019
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 […]
Continue ReadingFebruary 18, 2019
Are you conscientious about your impact on the environment? Do you find yourself taking measures to protect the environment? Do you take ownership of your unique contributions to changes associated with the climate? Do you have a desire to make the world a better place? Are you working now to create a safe environment for […]
Continue ReadingFebruary 4, 2019
Now that the tax season is upon us, it is quite likely that you have discovered that you are due a refund from the Federal Government. Once you have completed the filing process, the Internal Revenue Service (IRS) must accept your tax refund. Once this step is finalized, it can take anywhere from 7 to […]
Continue ReadingJanuary 21, 2019
A Christmas club account – or “holiday account” – is a specially-designed, short-term savings account that allows you to deposit funds at regularly-scheduled intervals throughout the year and withdraw those funds in the last quarter of the year to spend on holiday-related expenses. Individuals that elect to open this type of account earn interest […]
Continue ReadingDecember 17, 2018
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 […]
Continue ReadingJune 18, 2018
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 […]
Continue ReadingJune 4, 2018
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 […]
Continue ReadingFebruary 26, 2018
A credit report is a specially-designed statement that includes specific information about past and current credit activity which has a direct impact on an individual’s capability to receive loans, financing, and other types of monetary assistance.Credit reports are created by companies, bureaus, and/or consumer-based reporting agencies that specialize in collecting and storing financial-based information about […]
Continue ReadingFebruary 12, 2018
Tax season is in full swing.January 29th marked the first day that electronic tax returns were accepted by the Internal Revenue Service. This year alone, 155 million returns are expected to be filed. As a result of the immensity of this number, tax fraud is anticipated and heavily weighing on the minds of both consumers […]
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