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...
8 Tips Before Applying for a Mortgage
Posted On: September 10, 2024 by Prevail Bank in: Home Loans
A lot goes into applying for a mortgage and deciding whether it is the right time for you. From knowing your budget, researching home loan programs, getting ahead on your debt, increasing your savings, and becoming pre-qualified. All are helpful in making the home buying process successful from start to finish.
Prevail Bank Mortgage Loan Originators Tina Dassow, NMLS# 2156923, and Lana Peterson, NMLS# 1236394, offer you helpful tips to help you make the best decisions in your home buying...
