Welcome to Somerville Bank & Trust Co. Family Banking Proudly serving Fayette County since 1912 Contents Somerville Bank & Trust Co. Checking History Bank Branches Savings Special Events Comments Loans Our Community E-Mail Us Checking Accounts Regular Checking Initial Deposit of $200.00 Monthly Minimum Balance Fee: $500.00 or More.........................No Fee $200.00-$499.99..........................$3.00 Fee $000.00-$199.99..........................$6.00 Fee No Monthly Fee: Full Time High School/College Students Church & Civic Organizations Now Accounts A Now or Super Now Account lets you earn interest on you money. Now Account Minimum Monthly Balance..............$1,000.00 Fee of $8.00 if balance falls below $1,000.00 Super Now Account Minimum Monthly Balance..............$2,500.00 Fee of $8.00 if balance falls below $2,500.00 Interest rate drops to Now Account rate. Oak Club Our accounts for anyone 60 years of age or older providing many benefits such as free checks, no monthly fee, no charge for traveler's checks, no charge on bank money orders, free notary service, and access to copy machine. Oak Account Opening deposit of $200.00. No service fee Golden Oak Account Interest Baring Checking Account Minimum Monthly balance...............$1,000.00 Fee of $8.00 if balance falls below $1,000.00 Super Golden Oak Account Interest Baring Checking Account Minimum Monthly balance...........$2,500.00 Fee of $8.00 if balance falls below $2,500.00 Savings Accounts Regular Savings Minimum monthly balance.............$200.00 Fee of $5.00 if balance falls below $200.00 MMDA Savings Minimum monthly balance.............$2500.00 Fee of $5.00 if balance falls below $2500.00 Grade Promotion Account Our exciting savings account for 13 years thru high school graduation. Minimum monthly balance...............$300.00 Fee of $10.00 if balance falls below $300.00 Interest rate increases with Scholastic grades Acorn Account Our exciting children's account from 12 years and under Opening deposit .............................$25.00 Certificates of Deposit Minimum deposit...........................$1000.00 3 month CD 6 month CD 12 month CD 18 month CD 24 month CD Loans Agricultual A loan provided to customers for agricultural endeavors such as land purchase, crop production, equipment, livestock, and more. Commercial A short term renewable loan provided to the customer to finance seasonal working capital for a business. Personal A loan provided to the customer for any worthwhile purpose such as vacation expense, appliance purchase, auto, education, or for any number of other purposes. Residential Loans used to purchase or refinace a home. Interest rates locked in for 3 years. Student The Tennessee Student Assistance Corporation-A loan established by the Tennessee Legislature to help students pay for the cost of a post-seconday education. You must be a Tennessee resident or a non-resident attending an eligible Tennessee educational institution to receive a loan guarantee by TSAC. The loan must be repaid by the student. Somerville Bank & Trust Co. Since 1910 Presidents Somerville Bank & Trust Company was founded by S. H. Shaw in 1910. Dr. Thomas Bragg Yancey was the bank's first president and earned a salary of $100.00 per month. In 1912, J.T. Rhea was elected president, followed by Dr. C.W. Robertson in 1915, and W. M. Mayo in 1920. In 1927, Dr. C.W. Robertson was elected again. In 1929, H.P. Stainback was named president followed by Dr. John W. Morris in 1944. Paul Barret became president in 1949; and in 1964, William B. Wilkinson, a long-time bank executive, was named president. In 1968, James H. Shelton was named president and has held that position since. Historic Building Located in the historic downtown district of Somerville, Tennessee, the Somerville Bank & Trust Company building was constructed in 1895 and is of the Victorian Romanesque influence. It is a two story (the third story having been removed in 1957) brick and cut stone building with a round arched entrance, supported by polished pink marble columns. It originally housed The Fayette County Bank and in 1930 the structure was purchased by SB&T Co. for $7,500.00. The old bank building withstood the reverses and times of the 1920's leading to the Great Depression and a fire that destroyed the courthouse and several buildings on the square. The interior of the older part of the building still has the oak woodwork and is colonial in design. Throughout the years, several additions have been added which include offices, work spaces, a large community room, gardens and wrought iron fencing. Staff & Locations Somerville Bank & Trust Company employees a staff of and is the largest bank in Fayette County. The main office is located in Somerville as well as an Annie Branch, and other locations include the Rossville Bank and the Rossville Drive Thru in Rossville, Tn and the Hickory Withe Bank in Hickory Withe, Tn. E-Mail Us James H. Shelton President/CEO steve@somervillebank.com John David Douglas Ronnie Harris Steve Reeves Sr-Vice President Sr-Vice President Vice-President johndavid@somervillebank.com rharris@somerville bank.com steve@somervillebank.com Ronny Dowdy Regina Jenkins Mike Thomas Vice-President Asst-Vice President Asst-Vice President rdowdy@somervillebank.com prdesk@somervillebank.com mthomas@somervillebank.com Mike Wainscott Cindy Alford Asst-Vice President Public Relations mwainscott@somervillebank.com prdesk@somerville.com Branch Locations Rossville Bank Hickory Withe Bank & Annie 70 Front St 3335 Highway 64 Rossville Tn Hickory Withe Tn 853-4835 465-2400 Rossville Drive Thru & Annie West Side Branch & Annie 5725 Highway 57 16230 Highway 64 Rossville Tn Somerville Tn 854-1770 465-5878 24 Hour Services Annie/ATM 3 Locations Somerville-Rossville-Hickory Withe Other Cards excepted: Cirrus/Honor Credit Cards excepted: Visa-Mastercard-Discover ______________ 24 Hour Automated Telephone Banking 901-465-0464 Balance Inquiries-Fax Statements-Transfer Funds-Verify Checks