07/26/2018: Everything you need to know about trust funds.
A trust fund is a financial tool used to protect your estate and assets. There are many different types of trusts, but as a general rule, a trust is an agreement between the person creating the trust, the trustee, and the beneficiary. Learn everything you need to know about trust funds.
Starting a family is one of the most exciting adventures you can ever have. For many people it’s the most rewarding part of living the American Dream. But amid the joys and challenges that go along with having children, financial planning can get lost in the mix.
Municipal loans and lending services help municipalities get the funds they need to finance new roads, schools, parks, equipment purchases, building renovations, and other infrastructure improvements, and our municipal lending specialists at Prospect Bank can help you take full advantage of them.
05/09/2018: Take your business to the next level with these banking products.
If you’re a small business owner, a farmer, or you work for a municipality or not-for-profit organization, we have lending options and banking services to help you with financing, streamlining transactions, and planning for the future.
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.