NORTH & CENTRAL WISCONSIN
- Time Federal Savings Bank will soon be known as Prevail Bank per a media release.
Last year, Time Federal acquired the Wisconsin Rapids, Stevens Point and Baraboo branches of River Cities Bank through a merger.
Starting Feb. 24, all nine bank branches including those in Medford, Eau Claire, Marshfield, Owen, Phillips and Wausau will transition to the new name.
According to the release, the merger allowed the bank to offer secondary market loans, add business products and services, upgrade their technology and more.
"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," said Time Federal Savings Bank president Bill Weiland in the release.
The bank opened as Medford Federal Savings and Loan Association in 1934; changing its name three times throughout the past 85 years.
|Story By: Newswatch 12 Team