Do I Really Need to Identify a Beneficiary?
Posted On: August 15, 2024 by Prevail Bank in: Banking
You don’t have to identify beneficiaries for your deposit accounts (checking accounts, savings accounts, certificate of deposits (CDs)…), but there are many reasons why you would want to. 1) If you do identify a beneficiary for your financial assets, your loved ones will get that money, stocks and bonds, insurance policy payout, etc. a whole lot quicker than if you didn’t. Because when you don’t identify a beneficiary, your deposit accounts, upon your...
Discover the Advantages of Prevail Bank. A New Standard in Banking.
Posted On: August 6, 2024 by Prevail Bank in: Banking, Community
In a world where banking choices can feel overwhelming, Prevail Bank emerges as a beacon of innovation and community commitment. Offering compelling reasons to make the switch—from low fees and high-yield accounts to a dedication to community giving—Prevail Bank stands out as a modern banking institution, redefining what customers should expect from their financial partner.
Low Fees, High-Yield Accounts: Banking That Benefits YouOne of the most significant...