Banking

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 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...

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.

It is so frustrating. You’re trying to contribute to society by finding gainful employment; you have hopes and dreams of a successful career. And just when you think you found an opportunity that is flexible and allows you to work from home…  you’ve been scammed!

Scammers post fraudulent job postings to trick applicants into providing personal information or money. The FBI posted a public service...

Successful money management is the process of handling your finances in such a way that it allows you to use your money to achieve your goals and to get the best return. Good money managers are in control of their spending and develop habits that help them avoid debt and financial strain.

In the spirit of Father’s Day, Prevail Bank collected some of the money managing habits and words of advice that have been...

Ah, spring time. Tax-refund season – whoopee! (Well, hopefully it’s a tax-refund season for you.)

Regardless, this is the good time of year to reset, to recheck, that all the efficiencies, security enhancements, and money-saving opportunities for your accounts and finances have been established.

Efficiencies are the automations you will want to incorporate that could simplify your life, which in turn reduces stress, and in...

Your credit score is important because it reveals how dependable or risky you are as a borrower based on your history. The table below was borrowed from the Bajaj Finserv website. It summarizes what a credit score range signifies and the probability of a loan approval. In this blog we will provide you with 4 ways to improve your credit score.

Is your credit score affecting your life in a negative manner? Improve it. Here are some helpful tips...