Prevail Bank Invests $93,650 in Local Community Initiatives

(Fall 2024) At Prevail Bank, community is at the heart of everything we do. That's why we're excited to invest $93,650 in local organizations through our Charitable Contributions Program! As a community bank, our mission extends beyond banking—we're here to help our communities grow and thrive. Whether it's supporting nonprofits or funding impactful programs, we're dedicated to making a difference for our neighbors.

Here’s how our contributions...

An account takeover occurs when cyber criminals gain control of your online accounts using stolen credentials. They typically purchase consumer PII (Personally Identifiable Information) from the dark web, which is often sourced from data breaches, phishing scams, or malware. PII includes information like your name, address, email, phone number, date of birth, social media login details, and passwords.

Once a criminal has access to this...

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...

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.

Investing in education through a...

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...

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...

You don’t have to identify beneficiaries for your deposit accounts (checking accounts, savings accounts, certificate of deposits (CDs)…), but there are many reasons why you would want to. 1) If you do identify a beneficiary for your financial assets, your loved ones will get that money, stocks and bonds, insurance policy payout, etc. a whole lot quicker than if you didn’t. Because when you don’t identify a beneficiary, your deposit accounts, upon your...

In a world where banking choices can feel overwhelming, Prevail Bank emerges as a beacon of innovation and community commitment. Offering compelling reasons to make the switch—from low fees and high-yield accounts to a dedication to community giving—Prevail Bank stands out as a modern banking institution, redefining what customers should expect from their financial partner.

One of the most significant...

Labor Day in America is always the first Monday in September; it is a national holiday to honor the social and economic achievements of American workers.

More than 160 countries celebrate Labor Day; the majority celebrate it on or around May 1; otherwise known as International Workers’ Day. Only America and Canada celebrate in September. In Australia, it is celebrated three times a year: in March, May and October.

Before...

Moving out of your parent’s house can be an exciting adventure – whether it be to attend school or to just get out on your own.  There are a few things that would be beneficial to establish prior to packing up.