The National Retail Federation (NRF) forecasts that holiday spending is expected to reach $1 trillion for the first time during the winter holidays. NRF’s latest holiday survey, conducted by Prosper Insights & Analytics, found consumers plan to spend just over $890 per person on average on core holiday items including gifts, decorations, food and other holiday-related purchases this year. This year, 91% of consumers plan to celebrate the winter holidays, and, according to the survey, part of their shopping
Prevail Bank recently distributed 20 charitable contribution checks totaling $47,000 to support community programs across central Wisconsin. Ruby’s Pantry was one; it received $500 to purchase turkeys for this past Thanksgiving. They served approximately 400 people. “Community is at the heart of everything we do,” said Nathan Quinnell, President and CEO of Prevail Bank. “As a community bank, our mission goes beyond banking—we’re committed to making a difference and helping our communities thrive.” Other