Time Federal completes merger with River Cities to become Prevail
For the City Times
MARSHFIELD – Time Federal Savings Bank completed its merger with River Cities Bank to become Prevail Bank on Feb. 24.
Prevail Bank will offer its customers and community nine locations, secondary market loans, business products and services, and upgraded technology.
The name Prevail Bank was chosen to represent the impact the bank wants to have on their customers. Prevail Bank’s goal is to help their customers prevail; to reach their financial goals.
“We are just like our customers and want to offer products and services they need to bank the way they want to bank. As a mutual bank, we are all owners and we want to take a leading role in the success of our customers and our community,” states Bill Weiland, president of Prevail Bank.
Since the bank opened in 1934, Prevail Bank has expanded in locations and offered more products and services throughout the past 85 years.
“The merger and new name will allow us to stay strong and be more competitive in the banking industry to continue to grow and offer a great customer experience for all of our customers for many years to come,” Weiland states.
Prevail Bank is a federally chartered savings bank founded in 1934 with locations in Baraboo, Eau Claire, Marshfield, Medford, Owen, Phillips, Stevens Point, Wausau, and Wisconsin Rapids.