Diversifying your investment portfolio is one of the best strategies for reaching your long-term financial goals. It protects you against market fluctuations, helps you manage risk, and reduces the volatility of your assets. Here are some types of investments to consider.Continue Reading..
One of the biggest reasons that small businesses fail is because of a lack of cash flow. But a great way to solve that problem is with a small business loan. Learn more about the advantages of a small business loan and how Prospect Bank can help.Continue Reading..
The growing threat of cybercrime will once again be a big topic in 2018, and it’s becoming clear that practically nobody is safe from having their information compromised. In 2016 alone, identity thieves stole more than $16 billion from more than 15 million Americans—and most of these thefts involved information that thieves found online. Significant […]Continue Reading..
At Prospect Bank, we know that education opens the door to opportunity. That’s why we offer 21 scholarships for students looking to further their academic careers, which can be used to pay for school expenses including tuition, room/board, books, and more. Individual awards range from $100 to more than $10,000, and some can be applied […]Continue Reading..
Prospect Bank has been serving Central Illinois for more than a century—which makes it no surprise that we’ve developed a deep appreciation for the farmers of our community. As a bank who works with farm clients every day, we have a detailed understanding of the specialized banking services they need to keep them running at full potential.Continue Reading..