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Year in Review - Is it all about the dollar?

Year in Review - Is it all about the dollar?

No. Prevail Bank keeps it real.

The urban dictionary defines ‘keeping it real’ as, “Being true to yourself and your values, but more importantly, being true to innate values that all people acknowledge as respectable.” Other aspects include authenticity, honesty, doing the right thing, genuineness, and fairness. Are these virtues something of the past? If you listen to broadcast journalism, you might start to question it. Read our year in review to see how Prevail Bank keeps it real.

Fortunately, Prevail Bank’s foundational principles of reliability, integrity, and doing the right thing are evident in its everyday business practices. In 2023, Prevail Bank split/donated $200,500 between 74 local nonprofits; another $132,000 supported 200 family events, nonprofit fundraising activities, and youth-based financial education. The Bank also saved 230 trees, 27 barrels of oil, and 55,350 kilowatts of energy in 2023 after it collected and recycled 13.5 tons of paper – the result of organizing nine community shred days.

Of course, it takes more than money to make a community better for future generations; it requires people and action as well. As a strong advocate of community service, Prevail Bank pays (up to eight hours) its full-time hourly employees to volunteer at local nonprofits during the work week. On Juneteenth, it gives all employees the option to use their time and talents at selected organizations (homeless shelters, crisis centers, etc.) rather than the office. ---- Over the course of 365 days, 77% of Prevail Bank’s 122 employees gave roughly 2,740 hours of their time (or 342 days of labor) supporting or assisting local youth programming, veterans, seniors, shut-ins, public lakes and streams, and those either in crisis or less fortunate than themselves.

Prevail credits its protectiveness of the environment and the welfare of its central Wisconsin neighborhoods to its heritage, where the values of ownership, pride, and sustainability for thousands of tomorrows were and still are prevalent. 

Those who wish to make the world (let’s start with our neighborhoods) a better place for future generations are encouraged to make Prevail Bank their primarily financial institution. The more that do, the more communities and organizations Prevail Bank can support. Through an easy and secure technology called ClickSWITCH, accounts can be transferred, automatic bill payments and direct deposits redirected, and the closure of old accounts can be initiated within minutes. For more information on how to make Prevail Bank your primary financial institution, visit www.Prevail.Bank or speak to a Prevail Bank professional, 800-205-0914.

Prevail Bank is a full-service community bank with nine branches in Baraboo, Eau Claire, Owen, Medford, Phillips, Wausau, Stevens Point, Marshfield, and Wisconsin Rapids.

 

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