How to Afford a Down Payment without having 20%

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...

(Russ and Reed; Culver’s Franchise Owners)

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...

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...

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.

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

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.

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...

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...

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...

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.

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

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.

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