SCAM ALERT: The IRS Would Never…
Posted On: January 31, 2025 by Prevail Bank in: Banking
With tax season upon us, the time for tax phishing and phone scams are too. Below are some tips taken directly from the IRS’ website, including associated links.
Remember, the IRS does not initially (key word is initially) reach out or contact taxpayers by email, text messages, or social media channels. This includes requests for personal identification information, PINS, passwords, or similar access information for credit cards, banks, or other financial accounts.
The...
Avoid These 10 Home Buying Mistakes
Posted On: January 27, 2025 by Prevail Bank in: Home Loans
(2025) Buying a home is one of the most significant financial decisions you’ll make. It’s easy to get swept up in the excitement of finding the perfect place, but a few missteps can turn your dream home into a nightmare. Here are some of the worst home buying mistakes to avoid:
1. Not Knowing Your BudgetNot establishing a clear budget is a common error. Many home-buyers focus on the maximum loan amount a lender approves without considering additional...
Tax Season is Here: Access Your Bank Statements with Ease
Posted On: January 20, 2025 by Prevail Bank in: Banking
(2025) It’s that time of year again—tax season! Having access to your bank statements and tax forms is crucial, and we’re here to help make it easy for you.
Accessing Your Statements OnlineIf you use online or mobile banking, you can quickly and securely view your monthly bank statements and important tax documents, such as Forms 1098 and 1099. By January 31, these forms will be ready for viewing, downloading, or printing.
Helpful Tip for...
6 Money Tips for New Parents
Posted On: January 16, 2025 by Prevail Bank in: Banking
Becoming a parent is one of life’s most exciting and rewarding experiences. It also brings new financial responsibilities that can feel overwhelming. With proper planning, however, you can confidently navigate this new chapter. Here are some practical money tips to help new parents prepare and thrive financially, along with ways Prevail Bank can support you.
One of the first steps to financial readiness...
Cozy Up & Conquer: 7 Personal Finance to-dos for Cold Weather Days
Posted On: January 15, 2025 by Prevail Bank in: Banking
Get comfortable with a warm cup of coffee or tea and crunch some numbers this winter. Knowing your net worth can be a first step in setting realistic financial goals from paying down debt to planning for retirement. Your net worth is the sum of all your assets minus the sum of all your liabilities. Assets are anything of value that you own – checking/savings account balances, real estate, or retirement accounts to name a few. Liabilities are your financial obligations,...
