Updated Branch Hours - Eau Claire Location

Effective Friday, February 5th, 2021, our Eau Claire location will be temporarily updating their Friday hours to 8:30 AM to 5:00 PM.

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Archive - January 2021

Economic Impact Payments are on the Way

Posted On: January 8, 2021 by Prevail Bank in: Banking, General, Savings

Economic Impact Payments, more commonly known as Stimulus Payments, have started to be issued to eligible individuals as of the last week in December. The stimulus payment amount for eligible individuals will be up to $600 for individuals, $1,200 for married couples, and up to $600 for each qualifying child. These individuals will receive a stimulus payment one of two ways, either by direct deposit or paper check, throughout the month of January. The IRS asks that people visit irs.gov for...

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Tags: finances, stimulus payment

Home Loans... More than just a rate.

Posted On: January 4, 2021 by Prevail Bank in: Home Loans

What is a mortgage loan rate?

Rate or interest is simply a percentage of the loan a lender charges to borrow money. This figure is beneficial to know so you can compare the cost of different lenders. To make the comparison easier, lenders must also inform you about how that interest rate will affect your payments over an entire year. This interest is known as the Annual Percentage Rate or APR, and it also includes any fees or additional costs associated with the loan.

Lower isn’t...
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Tags: buying a new house, home loan, Mortgage Lender, mortgage rates

Positive Pay

Positive Pay

Posted On: January 1, 2021 by Prevail Bank in: Digital Banking

Positive Pay is a fraud prevention system offered by the bank to protect against altered, forged, and counterfeit checks, along with ACH filtering & blocks, and account reconciliation.

Protects against check and ACH fraud Easily transmits your check register to the bank Set custom ACH authorization rules Full implementation with Business Resource Manager Reduces disbursement risk

Learn more in the Positive Pay Video below, or on our Business Resource Manager page!

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Tags: Business Banking, Online Banking, Positive Pay

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