prepaid debit cards

FDIC’s Coverage on Prepaid Cards

For millions of individuals throughout the nation, a prepaid debit card is a positive substitute for a checking account. In terms of paying bills each month and making purchases this is very convenient. However, there is one distinct difference that you must know if you are a prepaid card user. If the company that you […]

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bank loan to start up new business

Loans to Start and Grow Your Business

According to statistics, approximately 95% of all new businesses are initiated with financing from personal funds and specially-designed loans. Personal funding may include savings, interest earnings from investments, direct investments to a business from individuals within a community or with a common interest, and/or the utilization of credit cards. Did you know that numerous banks […]

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Business Meeting at the Bank

Productive Banking Strategies for Small Business Owners

Owning and managing a business is highly rewarding; however, it may also prove to be exceptionally time-consuming, costly, and risky. In order to achieve the highest level of success, small business owners must incorporate several productive banking strategies. These will aid in building banking relationships, optimizing profits, and preventing falling prey to the frauds and […]

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identity protection

Scams Bank Customers Should Be Aware of: Part 4

There are many different scams that detrimentally impact the nation. Throughout this series, you have been introduced to the most common. Additionally, you have been alerted to the red flags that indicate that fraudulent activity is occurring. By knowing these red flags, you can easily avoid becoming the next victim of the scams that we […]

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scam

Scams Bank Customers Should Be Aware Of: Part 3

Thank you for rejoining us here at Somerville National Bank as we continue our series, Top Scams Bank Customers Need to Be Aware Of. In this past couple of weeks, we have covered six of the most common scams that have detrimentally impacted populations – not only within the United States, but, all over the world. These […]

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scams

Scams Bank Customers Should Be Aware of: Part 1

Each and every single year, individuals within the United States are defrauded of billions of their hard-earned money. While many are under the impression that identity theft and scams will never detrimentally impact their lives, it is becoming increasingly common to be a victim of such complications. If you are reading this, you are taking […]

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