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Archive - February 2025

Free Community Shred Days Scheduled at Nine Prevail Bank Branches

Free Community Shred Days Scheduled at Nine Prevail Bank Branches

Posted On: February 26, 2025 by Prevail Bank in: Community

 

(2025) Shredding of confidential information is strongly encouraged as a safeguard against identity theft. Knowing this, Prevail Bank is offering the communities it serves an opportunity to shred their papers free-of-charge on the designated dates and times listed below.

As an added community benefit, Prevail Bank intends to donate $1 for every pound of paper shredded, at each of its locations, up to a $1,000 each to a local nonprofit.

So, you are not just...

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Tags: Free Community Shred Days, free document shredding, Free Shred Day, Shred Days

Finding the Right Home Loan: FHA, USDA, VA, or Conventional?

Finding the Right Home Loan: FHA, USDA, VA, or Conventional?

Posted On: February 7, 2025 by Prevail Bank in: Home Loans

 

Buying a home is an exciting milestone, but the variety of loan options can feel overwhelming. Let’s break down the differences between FHA, USDA, VA, and conventional home loans to help you decide which might be the best fit for you.

FHA Loans What are they?

Backed by the Federal Housing Administration, FHA loans are designed for buyers with moderate incomes or less-than-perfect credit.

Benefits: Low down payments (as low as 3.5%). Flexible...
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Tags: Finding the Right Home Loan, Home Loans, Mortgage Tips

Avoiding the #1 Reason Why Small Businesses Fail

Avoiding the #1 Reason Why Small Businesses Fail

Posted On: February 6, 2025 by Prevail Bank in: Business

 

Starting a new business is exciting, but it's no secret that a high percentage of small businesses fail within the first two years. One of the most common reasons is poor cash flow management. Without a clear understanding of realistic income expectations versus expenses, many entrepreneurs find themselves unable to cover costs or invest in growth. But don’t worry—there are steps you can take and people available to help you.

What should you do to avoid...
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Tags: Business Cash Flow Management, Business Tips, Small Business, Why Small Businesses Fail

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