Pursue what's Possible Pursue what's Possible.
Skip to Content
800.205.0914

800.205.0914

Locations Contact

Login

How to Afford a Down Payment without having 20%

How to Afford a Down Payment without having 20%

Posted On: September 18, 2020 by Prevail Bank in: Home Loans

How to Afford a Down Payment without having 20% Private Mortgage Insurance can Help What is Private Mortgage Insurance? While putting 20% down on a home loan is the most cost-efficient option long-term, we understand that down payments can be difficult for many families to make. To assist home buyers who are unable to put at least 20% down on a home loan, Prevail Bank offers what is called Private Mortgage Insurance, or PMI for short. PMI was established to help more homebuyers afford home ownership. This service incurs an additional premium on a borrower’s monthly mortgage payment. Once the borrower has 20% equity in their new home, also known as 80% loan to value, their PMI can be canceled. How can PMI help? In addition to helping homebuyers afford home ownership, PMI can also increase your buying power. This service can allow homebuyers to make a smaller down payment on a more expensive home. These savings up front can then be used for home renovations, increasing
Read More

Recent Blog Posts

How to Afford a Down Payment without having 20%

How to Afford a Down Payment without having 20%

Posted On: September 18, 2020 by Prevail Bank in: Home Loans

How to Afford a Down Payment without having 20% Private Mortgage Insurance can Help What is Private Mortgage Insurance?

While putting 20% down on a home loan is the most cost-efficient option long-term, we understand that down payments can be difficult for many families to make. To assist home buyers who are unable to put at least 20% down on a home loan, Prevail Bank offers what is called Private Mortgage Insurance, or PMI for short. PMI was established to help more homebuyers afford...

Read More

Tags: Down Payments, Home Lending, Mortgage Lending, Private Mortgage Insurance

Doing What's Right for Local Businesses

Doing What's Right for Local Businesses

Posted On: September 14, 2020 by Prevail Bank in: Business, Community

(Russ and Reed; Culver’s Franchise Owners)

Doing what's right for local businesses. "We bank with Prevail Bank..."

Russ and Reed have trusted Prevail Bank with their business banking needs for their Culver’s restaurants in the Stevens Point area for over 20 years. Russ believes “in doing what’s right, all the time,” and so does Prevail Bank.

Business is hard work, but that hard work...

Read More

Tags: Business Banking, Commercial Lending, Community Bank, Local Banking

Mobile Bill Pay

Mobile Bill Pay

Posted On: September 11, 2020 by Prevail Bank in: Digital Banking

Never Miss a Bill Payment Again

Pay your bills all in one place… on your phone! The Mobile Bill Pay feature within your Mobile Banking app is the perfect way to ensure you never miss paying a bill, even when you’re out on vacation! Within the Transfer & Pay section of the app, you are able to Pay your Bill Pay Contacts, Pay with Bill Capture, view your Payment Activity, and manage your Bill Pay Contacts.

Setup is easy! Simply login to your Online Banking account through...

Read More

Tags: Mobile Banking, Mobile Bill Pay

Bryan Wulk

Who you Work with Matters

Posted On: August 24, 2020 by Prevail Bank in: Home Loans

While finding the best rate on a home mortgage is important, so is finding the best mortgage lender to work with you. Home buyers typically make mortgage payments over the course of multiple years, so it’s important to work with a lender who can deliver on your home lending needs. There are many criteria to consider when finding a mortgage lender to work with; experience, communication, insight and credibility.

Experience

Taking a loan out on a house is no small feat, and our...

Read More

Tags: mortgage, Mortgage Lender

Downpayment Plus Program (DPP)

Assistance through the Downpayment Plus Program (DPP)

Posted On: July 27, 2020 by Prevail Bank in: Home Loans

The Downpayment Plus Program (DPP) is a matching program offered by the Federal Home Loan Bank of Chicago (FHLBC) that assists income-eligible home buyers with their down payments and closing costs. The Prevail Bank Mortgage Lending Team is proud to offer this assistance through our partnership with the FHLBC. The Downpayment Plus Program is provided as a forgivable grant, which is paid on behalf of the borrower at the time the mortgage is first closed upon.

What is the Downpayment Plus...
Read More

Tags: Down Payment, Down Payment Assistance, Downpayment Plus Program

Photos to be featured in our 2021 Calendar

Prevail Bank is looking for photos to be featured in our 2021 calendar!

Posted On: July 24, 2020 by Prevail Bank in: Community, General

Send us your photos that celebrate our Wisconsin communities; scenery, landscape, nature, wildlife or local community events. Your photo will be recognized in the calendars that will be distributed to the Prevail Bank communities across North Central and West Central WI. Please send photos to marketing@prevail.bank by Thursday, August 13th along with the completed photo release form. All photos will credit the photographer and where the image is located. This will allow your talents to be...

Read More
Back to School Website Banner

Providing School Supplies to Local Students

Posted On: July 16, 2020 by Prevail Bank in: Community

 

Although we are in full summer mode, Prevail Bank is ready to start our annual Back to School Supply Drive. With the ongoing COVID-19 pandemic, schools are in a greater need this year to provide supplies for students. To support area schools, we are collaborating with local organizations to help serve our communities. Each of our locations will be collecting monetary donations that will be used to purchase school supplies. Please stop by your Prevail Bank location to find out...

Read More

Tags: Back to School, Community Support, school supply drive

Spare Change

Help Local Businesses by Depositing your Spare Change

Posted On: July 15, 2020 by Prevail Bank in: Community

Helping your local businesses has never been easier. Since the Coronavirus Pandemic began, consumers have been performing transactions either digitally, or with their plastic cards, rather than paying with cash. While this method of payment helps to mitigate the spread of germs, it consequentially impacts local businesses that rely on cash transactions. Less change in circulation means fewer available funds moving about our communities.

You might find yourself asking, “well, how...

Read More
Saving Makes Cents

Saving Makes Cents

Posted On: July 15, 2020 by Prevail Bank in: Banking, Savings

Let Prevail Bank help you save money! With our Saving Makes Cents program, saving money is just as easy as spending money. This program automatically rounds up your purchase to the next whole dollar, and transfers the difference in change to your Prevail Bank savings account.

Prevail Bank personal checking account Prevail Bank personal savings account And a Prevail Bank personal debit card

Signing up is easy! To get started, simply visit one of our locations, fill out our...

Read More

Tags: Checking Account, debit card, Saving Makes Cents, savings account, Savings Program

Staying Safe in a Digital World

Staying Safe in a Digital World

Posted On: July 1, 2020 by Prevail Bank in: Digital Banking, Security

In today’s digital world, nearly everything can be done online, including your banking! This being the case, Prevail Bank wants to help keep your accounts safe while enjoying the convenience of our Digital Banking services.

Here are a few tips we recommend to help keep your Digital Banking accounts safe and secure.

Verify that you’re using the correct Mobile Banking app

First and foremost, be sure that you are using the correct Prevail Mobile Banking app. If...

Read More

Tags: Digital Banking, Mobile Banking, Online Banking, Online Security

Aa Aa Aa
Help

Please Select an Online Account

Mortgage Application Elan Credit Card Login