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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First Time Home Buyer: Mortgage Tips You Must Know

August 5, 2019

House For Sale Sign

If you have an interest in purchasing your first home and are in need of a mortgage loan, this information is for you. Obtaining your very first home can be challenging. Even more so if you are without the necessary information that will help you. Preparation is the key to success. Most of the first-time […]

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Teen Checking Accounts: An Essential Life Skill

June 17, 2019

teenagers

Banking is considered an essential life skill and teen checking accounts can help. If you are the parent or guardian of a teenager, the time to get started is now. In a recent international-based study, a total of 48,000 different 15-year-old teenagers were found to struggle with the most basic concepts associated with money. Out […]

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Good Folk Bad Art

May 29, 2019

On April 27, 2019 The Preble County Art Association held the event called “Good Folk Bad Art”. Our employee, Elizabeth O’Hair, participated in this event. She painted the Old Livery Stable on an old window. The Livery stable is still in Eaton on S. Cherry Street. Elizabeth’s painting is now hanging in the 1131 N […]

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New Addition to the Somerville Team

May 28, 2019

RICK HAWLEY

Somerville Bank is pleased to announce the addition of Rick Hawley as Vice President and Senior Agricultural Specialist to their Lending Team. Born and raised in New Paris, Ohio. Rick graduated from National Trail High School in 1976 and attended Miami University. He graduated from Miami University in 1980 with a BS in Business Administration […]

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Somerville National Bank Converts to an Ohio State Chartered Bank.

December 27, 2017

Welcome to Ohio

Somerville National Bank’s Board of Directors announced that we have converted from a national bank charter to an Ohio state chartered bank and changed our name to “Somerville Bank.” The conversion is not expected to affect the our shareholders, customers, or employees in any way. All deposits will remain insured through the FDIC. The charter […]

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The Advantages of Local Banking

May 8, 2017

local banking

In the past several years, millions of individuals in the nation have transitioned from utilizing the big, faceless banking empire to small, community-based, local banking institutions. In a world of economic turmoil and consistent financial complications for the “little manâ€, more and more Americans are finding that opting for the local banks in their community […]

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