Posted On: November 5, 2024 by Prevail Bank in: Community
Recent Blog Posts
Celebrate Giving Tuesday with Prevail Bank
Posted On: November 5, 2024 by Prevail Bank in: Community
Giving Tuesday, happening this year on December 3, 2024, is all about generosity, kindness, and uplifting our communities. At Prevail Bank, we’re thrilled to kick off the holiday season with our own way of giving back—through our Holiday Matching Funds campaign!
From November 12 to December 6, each of our nine branches will collect public donations for nine incredible local nonprofits. And here’s the exciting part: For every...
Survive Winter & the Holidays with Our Helpful Savings Tips
Posted On: November 5, 2024 by Prevail Bank in: Banking
With inflation driving up costs, many people are struggling to prepare for winter and the holiday season. Here are tips to help you save money and stay financially secure:
Lower Your Heating Costs Lower the thermostat: Dropping it by 1°F can cut 3% off your bill. A bigger drop (10-15°F) for 8 hours daily can save 5-15%. Use a programmable thermostat for convenience. Turn down your water heater: Lowering it to 120°F can reduce costs by 4-22%. Shortening...Proudly Supporting our Communities - Spring 2023
Posted On: November 5, 2024 by Prevail Bank in: Community
(Spring 2023) At Prevail Bank, our goal is to help our customers, communities and employees pursue what’s possible. Being a community bank means that we are always looking for ways to enhance the quality of life in our surrounding communities. We believe that through the power of donation, we can continuously play a part in the success of local organizations, and in the community as a whole. Those organizations that applied and received a Charitable Contribution this spring...
Stay Savvy: How to Avoid Holiday Online Shopping Scams
Posted On: October 30, 2024 by Prevail Bank in: Banking
The holiday season is a time for joy, festivities, and shopping! While online shopping offers convenience, it also comes with risks. Scammers use this busy season to trick people out of their hard-earned money. At Prevail Bank, we want you to shop safely. Here’s how to spot online shopping scams and protect yourself.
1. Red Flags for Online Shopping ScamsToo-Good-To-Be-True Deals: Extremely low prices on high-demand items are often scams. If the price seems...
Prepare for Your Tax Return
Posted On: October 28, 2024 by Prevail Bank in: Banking
Take a proactive approach to your taxes by preparing for your tax forms arrival and filing early. A few reasons why you should file as early as you can:
You’ll receive your tax refund quicker. Gives you more time to prepare payment for any taxes you owe. Provides you with important financial information. Helps prevent tax return identity theft from occurring. Where to Find Your Tax Form Data from Prevail Bank On Your Computer Click the Accounts...Prevail Bank Invests $93,650 in Local Community Initiatives
Posted On: October 18, 2024 by Prevail Bank in: Community
(Fall 2024) At Prevail Bank, community is at the heart of everything we do. That's why we're excited to invest $93,650 in local organizations through our Charitable Contributions Program! As a community bank, our mission extends beyond banking—we're here to help our communities grow and thrive. Whether it's supporting nonprofits or funding impactful programs, we're dedicated to making a difference for our neighbors.
Here’s how our contributions...
Account takeovers are on the rise. What can you do about it?
Posted On: October 10, 2024 by Prevail Bank in: Banking
What is an Account Takeover?
An account takeover occurs when cyber criminals gain control of your online accounts using stolen credentials. They typically purchase consumer PII (Personally Identifiable Information) from the dark web, which is often sourced from data breaches, phishing scams, or malware. PII includes information like your name, address, email, phone number, date of birth, social media login details, and passwords.
Once a criminal has access to this...
90 Years of Growth: To Our Customers We Say, 'Thank You'
Posted On: September 25, 2024 by Prevail Bank in: Banking, Community
This month we celebrate nine decades of banking and helping our communities grow. Over the last 90 years, the bank has grown from one Federal Savings and Loan Association in Medford with $2,881 in assets, to over $930,000,000 in assets and nine Wisconsin locations from as far south as Baraboo to the beautiful Northwoods of Phillips. In 2019, we added three new branches and commercial lending and business deposits to the bank’s product mix to help make Prevail Bank a true...
Smart Debt: Choices That Shape Your Financial Future
Posted On: September 13, 2024 by Prevail Bank in: Banking
Some people avoid debt entirely, choosing to pay for everything with cash or their debit card. This approach is valid and keeps spending in check, but it may not help build credit for future borrowing needs.
For most of us, debt is a part of life, used for everyday expenses and major purchases. When managed wisely, debt can be a valuable investment in yourself and your future.
Examples of Positive Debt: Student Loans:Investing in education through a...
Mortgage Closing Cost: What Can You Expect
Posted On: September 10, 2024 by Prevail Bank in: Home Loans
You found the perfect house, saved for a down payment, and applied for a mortgage. But what types of expenses (mortgage closing costs) can you expect?
To help you prepare, Jenny Ebert, NMLS# 523594, Mortgage Loan Originator in Eau Claire Wisconsin provides a list of the possible expenses (closing costs) you might incur when purchasing a home. Some closing costs are typically paid by the seller, some can be shared or negotiated as part of your offer, and other closing...