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Somerville Bank
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The Somerville National Bank was established in 1910. The Bank remained a small institution for many years providing local service in Southwestern Ohio. Until 1989, Somerville National Bank was the smallest nationally chartered bank in the United States. From 1990 until present, the bank has grown to six full service branches in Ohio.

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Somerville Bank - Recent News & Articles

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation

In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...

Source: CNBC

A big failures. Now come the hearings

President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...

Source: BankerAdvisor

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Source: BankerAdvisor