Grant VanOrsdol originally joined RCB Bank in 2023 as a teller and was quickly promoted to Customer Service Representative (CSR). We are proud to announce his promotion to Retail Coordinator. In this role, Grant supports tellers and other CSRs, ensuring customers receive exceptional service while maintaining the highest standards of bank policy and procedure.

While he always aspired to work in a professional environment, the idea of joining the financial industry wasn’t initially on his radar. Once a teller position became available, Grant decided to take a chance—and it turned out to be a rewarding decision. “After I was hired, I realized that RCB Bank was just the place for me,” Grant recalls. “The family atmosphere and support that RCB Bank provides is next to none.”

Professionally, Grant is driven by a commitment to bringing new business and customers to the bank, ensuring each one receives attentive, timely and professional service. He also strives to maintain smooth and efficient operations within the market, contributing to the overall success of the organization. For Grant, going above and beyond for customers and maintaining a positive attitude are essential parts of the job—values that align well with RCB Bank’s mission and culture.

Outside of his professional life, Grant enjoys long walks with his dog, skiing, traveling and spending quality time with friends and family. In both his personal and professional life, Grant believes in the power of perseverance. When faced with challenges, his approach is simple: keep moving forward.

Looking ahead, Grant’s primary goal over the next five years is to complete his degree at Oklahoma State University. He is committed to working hard and making the most of every opportunity to learn, knowing that continued education will help advance his career. His mindset is clear—give 100%, 100% of the time.

GET IN TOUCH
Grant VanOrsdol
Retail Coordinator
417 S. Perkins Rd., Stillwater, OK 74074
405.742.4852 | [email protected]

RCB Bank is a community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.bank or give us a call at 855.BANK.RCB. Member FDIC, Equal Housing Lender, NMLS #798151.

Hutchinson, KS – Andrew Kroeker brings six years of farm management experience to his new role as an Agricultural Loan Officer, with a deep understanding of the highs and lows of the farming industry. He is excited to support farmers and ranchers in creating successful and sustainable operations—through both the good times and the tough ones.

Andrew joined RCB Bank in August 2025, drawn to its mission of serving the community and helping customers thrive. “My impression of working at RCB Bank has been nothing but positive,” Andrew shared. “The people are wonderful from the top down, and the atmosphere is genuine.”

Andrew is motivated by building lasting relationships, helping customers navigate challenges and playing a small part in keeping farms strong for the next generation. He also likens good business to farming—emphasizing the importance of timing, care and patience in cultivating success. These perspectives reveal a thoughtful, grounded approach to leadership and decision-making.

Outside of his professional life, Andrew serves on the board of his church and the McPherson County Extension Executive Board. He enjoys staying active through golf, volleyball and pickleball—sports that have been a meaningful part of his life since childhood. He cherishes time with his wife, Caitlin, and the two are overjoyed at the arrival of their first child. Their energetic Blue Heeler, Bandit, has taken on the role of vigilant guardian.

Andrew’s goal is to serve RCB Bank’s existing clients with excellence while cultivating new, long-term relationships founded on trust and reliability. He focuses on being genuine, consistent and responsive so customers know they can rely on him, a mission he pursues with both professionalism and heart. He looks forward to making meaningful contributions to both RCB Bank and the wider community.

GET IN TOUCH
Andrew Kroeker
Loan Officer

NMLS # 2757930

700 E. 30^th Ave., Hutchinson, KS 67502

620.860.7737 | [email protected]

RCB Bank is a community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.bank or give us a call at 855.BANK.RCB. Member FDIC, Equal Housing Lender, NMLS #798151.

Norman, OK – Hannah Dailey recently joined the team as a Treasury Services Representative, where she supports both new and existing clients with online treasury solutions designed to help their businesses grow and operate efficiently. With over 15 years of experience in the banking industry, Hannah has developed a deep understanding of various banking functions—from her early days as a teller to roles in operations, commercial lending and treasury management.

Her career began at the teller line, eventually leading to a promotion into the commercial loan department. She later transitioned into Treasury Management at another financial institution, where she spent several years before being promoted to Note Operations Manager within the credit division. Although she gained valuable experience in credit, Hannah discovered her true passion lies in Treasury Services and she has remained dedicated to this field ever since.

Hannah’s journey to RCB Bank was sparked by a recommendation from a friend. From her very first interview, she felt a strong connection to the Bank’s values and culture. Though she’s only been with RCB Bank for a few weeks, she already describes it as feeling like home. She believes RCB Bank to be a humble institution that genuinely prioritizes its customers over profits or empty promises.

Known for her upbeat attitude and strong work ethic, Hannah prides herself on delivering exceptional customer service. Her clients often describe her as quick, fun and efficient—qualities she brings to every interaction as she builds trust and goes above and beyond to meet their needs.

Outside of work, Hannah enjoys spending time with her husband, Jordan, and their two boys. Family time is a priority, and she values the balance between her professional growth and personal life.

Looking ahead, Hannah aspires to grow into a leadership role, overseeing larger projects and implementations. She is also preparing to take the Certified Treasury Professional (CTP) exam to further enhance her expertise and career development.

GET IN TOUCH
Hannah Dailey
Treasury Services Representative

3151 W. Tecumseh Rd., Ste. 200, Norman, OK 73072

405.463.5917 | [email protected]

RCB Bank is a community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.bank or give us a call at 855.BANK.RCB. Member FDIC, Equal Housing Lender, NMLS #798151.

Claremore, OK – Carson Draeger has been promoted to Loan Officer at RCB Bank, bringing a deep commitment to customer service. Carson began her professional career as a credit analyst with RCB Bank after graduating from the University of Central Oklahoma with a degree in Finance. She credits RCB Bank with giving her the foundation to launch her career and is proud to continue growing within the organization.

Born and raised in Chelsea, Oklahoma, Carson has a deep appreciation for her community. Carson describes RCB Bank as family-oriented and deeply supportive of the communities it serves. She has enjoyed witnessing the growth in her hometown and values being part of a bank that invests in that progress.

She recently celebrated a summer wedding with her husband and enjoys spending time outdoors—whether that means hiking, swimming, playing pickleball or simply enjoying good food. She jokes that most of her favorite activities come with the risk of sunburn. To unwind after work, she makes time for exercise, which helps her recharge and find balance outside the office.

Faith plays a central role in Carson’s life, shaping her decisions and guiding her interactions with others. Her commitment extends into her community as well, where she actively serves in her local church as a Sunday school teacher and small group leader for teenage girls. For several years, she has also dedicated her time as a volunteer softball coach at the local school.

Looking ahead, Carson strives to remain teachable in every stage of her career. She is committed to personal and professional growth and credits her mentors for providing guidance, encouragement, and wisdom that have helped shape her path.

GET IN TOUCH
Carson Draeger
Loan Officer
NMLS # 2748430
511 W. Will Rogers Blvd., Claremore, OK 74017
918.342.7399 | [email protected]

RCB Bank is a community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.bank or give us a call at 855.BANK.RCB. Member FDIC, Equal Housing Lender, NMLS #798151.

Broken Arrow, OK – Starting her journey in banking at 19 as a part-time teller while navigating college, Julie’s dedication and passion for banking soon led her to a full-time position. Now, with a mix of customer-facing and back-office roles, from deposits to corporate compliance, Julie is ready for her new role at RCB Bank.

Julie had her initial exposure working on loans when she transitioned to the Loan Department as a Loan Administrative Assistant, where she worked closely with many lenders at the bank. Her career then took her to the corporate offices, where she excelled as a Compliance Analyst. Julie is now returning to the branch world as a Mortgage Outreach Specialist.

Being fluent in Spanish and English along with her diverse background across various bank departments, Julie is an asset to RCB Bank’s Mortgage Department. Known for her exceptional ability to create and maintain friendly relationships with customers and coworkers, she is always ready to tackle any project.

When she is not at work, Julie enjoys spending time with her dog, Bloom. She believes in investing time in herself and her loved ones to maintain a healthy work-life balance. She is driven by her competitive nature and a desire to set higher standards, giving her fulfillment in assisting others in difficult situations. Fairness and accountability are the principles guiding her in daily decisions.

Over the next five years, Julie aims to continue her professional development at RCB Bank with a primary focus on continuing to grow with the bank and making a positive impact. Julie’s journey is a testament to her dedication, adaptability and commitment to excellence in the banking industry.

Julie feels incredibly fortunate to have found RCB Bank as her first major job, which has significantly shaped her career. She values the relationships she has built across various departments and roles within the bank.

GET IN TOUCH
Julie Escobedo

Mortgage Outreach Specialist

NMLS #2626820

1300 E. Kenosha St., Broken Arrow, OK 74012

918.259.1309 | [email protected]

Apply Now

RCB Bank is a community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.bank or give us a call at 855.226.5722. Member FDIC, Equal Housing Lender, NMLS #798151.

When shopping for a mortgage, understanding the Annual Percentage Rate (APR) is essential to grasping the true cost of your loan. While the interest rate tells you how much you’ll pay each year to borrow the principal, the APR goes further by including not just the interest, but also most fees and other charges associated with the loan, such as origination fees, closing costs and mortgage insurance. Both are expressed as percentages, but APR is almost always higher because it reflects the total annual cost of borrowing, not just the base interest.

The distinction matters because lenders may advertise low interest rates to attract borrowers, but these rates don’t account for the extra costs that can significantly impact your total payment. The APR provides a standardized way to compare offers from different lenders, ensuring you’re not caught off guard by hidden fees or charges down the road. Thanks to federal regulations, lenders are required to disclose the APR, making it a reliable metric for side-by-side comparisons.

When comparing two loans with the same interest rate but different APRs, the loan with the lower APR will generally cost you less over time, assuming you keep the loan for its full term. However, if you plan to refinance or sell your home early, the APR may not fully capture your actual cost, as some fees are spread over the life of the loan.

Understanding APR empowers you to make informed decisions and select the mortgage that best fits your financial goals.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender, RCB Bank NMLS #798151.

Sources: 

1. https://www.consumerfinance.gov/ask-cfpb/what-is-the-difference-between-a-loan-interest-rate-and-the-apr-en-733/
2. https://ask.fdic.gov/fdicinformationandsupportcenter/s/article/Q-What-is-annual-percentage-rate-APR?language=en_US
3. https://thebusinessprofessor.com/annual-percentage-rate-explained/

Property taxes are a significant part of homeownership, directly influencing your monthly expenses and long-term financial planning. Here’s what homeowners need to know about how these taxes are calculated, collected and paid-especially when a mortgage is involved.

Property taxes are determined by multiplying your home’s assessed value by the local tax rate. The assessed value is set by a government assessor and may differ from your home’s market value. Local governments set the tax rate, often expressed per $1,000 of assessed value and this rate can change annually based on budgets and revenue needs. Exemptions or deductions, such as those for primary residences or veterans, can reduce your taxable value.

For most homeowners with a mortgage, property taxes are paid through an escrow account managed by the lender. Here’s how it works: your lender estimates your annual property tax bill, divides it by 12 and adds that amount to your monthly mortgage payment. Each month, the lender deposits this portion into your escrow account. When your property tax bill is due, the lender pays it directly from this account, ensuring timely payments and helping you avoid large lump-sum bills.

This system is especially common if your down payment was less than 20% or if you have a government-backed loan (like FHA or VA). In some cases, if you have significant equity, you may be allowed to pay property taxes directly instead of through escrow.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender, RCB Bank NMLS #798151.

Sources: 

1. https://www.experian.com/blogs/ask-experian/are-property-taxes-included-in-mortgage/
2. https://smartasset.com/mortgage/property-taxes-included-in-mortgage-payments
3. https://smartasset.com/taxes/property-taxes
4. https://www.consumerfinance.gov/ask-cfpb/what-is-an-escrow-or-impound-account-en-140/

Homeowner’s insurance is a crucial safeguard for both your investment in your home and the lender’s financial interest when you have a mortgage. This insurance provides a financial safety net against unexpected events such as fire, theft, storms and other covered perils, ensuring that you are not left to bear the full cost of repairs or rebuilding on your own. In addition to protecting the physical structure, homeowner’s insurance covers your personal belongings and offers liability protection if someone is injured on your property or if you inadvertently cause damage to others.

For most homeowners with a mortgage, insurance is not optional. Lenders require proof of coverage to protect their investment and many integrate the insurance premium into your monthly mortgage payment through an escrow account. This arrangement simplifies your finances by combining principal, interest, taxes and insurance into a single payment. The lender then pays your insurance premium directly when it’s due, helping you avoid lapses in coverage.

Homeowner’s insurance is not the same as mortgage insurance; it is designed to protect your property and belongings, not just the lender’s risk. Even after your mortgage is paid off, maintaining coverage is strongly recommended to protect your home-the largest investment most people ever make.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender, RCB Bank NMLS #798151.

Sources:

1. https://www.allstate.com/resources/home-insurance/do-you-need-homeowners-insurance
2. https://www.moneygeek.com/insurance/homeowners/is-homeowners-insurance-included-in-mortgage/
3. https://www.consumerfinance.gov/ask-cfpb/what-is-homeowners-insurance-why-is-homeowners-insurance-required-en-162/
4. https://www.cbsnews.com/news/first-time-homeowners-guide-to-home-insurance-coverage/
5. https://www.travelers.com/home-insurance/coverage
6. https://www.experian.com/blogs/ask-experian/is-homeowners-insurance-included-in-mortgage/

Homebuyers in 2025 face a challenging landscape: home prices are expected to keep rising, though at a slower pace, and mortgage rates remain elevated, hovering near 7%. Inventory is improving but still below balanced market levels and affordability remains a top concern for many Americans. While waiting for a dramatic drop in prices or rates is unlikely to pay off, there are practical strategies buyers can use to navigate these conditions.

First, consider expanding your search to markets with more inventory or where prices are stabilizing or even declining. Some regions, such as parts of Texas and Florida, are seeing price drops due to increased supply, while others-especially in the Northeast-continue to experience price growth. Flexibility on location could yield better value.

Second, explore mortgage options beyond the traditional 30-year fixed loan. Adjustable-rate mortgages (ARMs) or shorter-term loans may offer lower initial rates, which could be advantageous if you expect rates to fall in the coming years or plan to refinance. Additionally, many builders are offering incentives, including rate buydowns or price reductions, which can help offset higher borrowing costs.

Lastly, strengthen your financial profile. A higher down payment, improved credit score and pre-approval can make you a more attractive buyer and potentially secure better loan terms. In a competitive market, being ready to act quickly is essential.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender, RCB Bank NMLS #798151.

Sources:

1. https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/
2. https://www.pbs.org/newshour/economy/will-2025-be-a-better-year-to-buy-a-house-heres-what-experts-predict
3. https://www.fanniemae.com/newsroom/fannie-mae-news/higher-mortgage-rates-likely-keep-existing-home-sales-near-multi-decade-lows
4. https://247wallst.com/personal-finance/2025/04/17/housing-bubble-or-bust-whats-next-for-home-prices-in-2025/

Claremore, OK – Catherine Woldridge brings over four decades of experience in community outreach and social services to RCB Bank. Renowned for her dedication to community engagement and successful fundraising for local non-profits, Catherine is a trusted leader. Her passion and experience make her an invaluable asset to the RCB Bank team and community.

Catherine’s early life was shaped by international experiences, as her family lived abroad due to her parents’ work. Returning to the United States for high school, she later earned a Bachelor of Science in Family Relations and Child Development from Oklahoma State University. In 1997, she married Roger Woldridge, and together they are active members of Cedar Point Church, participating in ministries that serve local youth and families. Their blended family includes eight grandchildren and they enjoy spending quality time with them.

Professionally, Catherine began her career with the Department of Human Services in Tulsa, focusing on family services and managing the licensing of childcare facilities. After retiring in 2014, she joined United Way, ultimately overseeing programs across multiple counties. In 2025, she transitioned to a part-time role at RCB Bank, where she continues her passion for community involvement.

Catherine values strong communication and is known for her approachable and solution-oriented nature. She enjoys connecting people to resources and solving community challenges. When asked why she chose RCB Bank, Catherine states, “The supportive environment at RCB Bank and the opportunity to continue learning have made this new chapter especially rewarding, allowing me to balance meaningful work with family life.”

GET IN TOUCH
Catherine Woldridge
Community Outreach Coordinator

300 W. Patti Page Blvd., Claremore, OK 74017

918.342.7219 | [email protected]

RCB Bank is a community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.bank or give us a call at 855.BANK.RCB. Member FDIC, Equal Housing Lender, NMLS #798151.

In today’s unpredictable world, an emergency fund is a cornerstone of financial security for every family. An emergency fund is a dedicated pool of savings set aside specifically for unexpected expenses like medical bills, urgent car repairs or sudden job loss preventing reliance on high-interest credit cards or loans in a crisis. This financial buffer not only helps you manage surprises but also provides peace of mind, knowing you’re prepared for life’s uncertainties.

How to Calculate Your Emergency Fund 

The standard recommendation is to save three to six months’ worth of essential living expenses. Start by listing your monthly necessities: housing, utilities, groceries, insurance and transportation. Multiply this total by the number of months you want to cover. For example, if your monthly expenses are $3,000, aim for $9,000 to $18,000 in your emergency fund. Households with variable incomes, dependents or higher medical costs should consider saving toward the higher end of this range.

Building and Replenishing Your Fund 

Building an emergency fund can feel daunting, but starting small makes it manageable. Begin with a modest goal, such as $500 or $1,000 and gradually increase your savings. Set up a budget to identify areas where you can cut costs and redirect those savings into your funds. Automating transfers to a separate, easily accessible account, like a high-yield savings or money market account, ensures steady growth and reduces the temptation to spend. If you need to use your emergency fund, replenish it by continuing your savings habits and, if possible, supplementing your income through side jobs or selling unused items.

Why It’s Essential 

An emergency fund acts as your financial safety net, shielding you from debt and stress when unexpected expenses arise. In uncertain times, it’s not just about surviving financial shocks, it’s about maintaining stability and protecting your family’s future.

Do you still have questions? Talk with an RCB Bank Banker or Wealth Advisor today.

The opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank. Member FDIC. 

Sources 

1. https://www.moneyfit.org/setting-up-emergency-funds-in-january-2025/
2. https://www.compoundrealestatebonds.com/blog/emergency-fund-basics-how-much-you-really-need
3. https://bettermoneyhabits.bankofamerica.com/en/saving-budgeting/emergency-fund-tips
4. https://www.getsmarteraboutmoney.ca/calculators/emergency-fund-calculator/

Managing family debt effectively is essential for financial stability and peace of mind. With the right strategies, households can reduce the burden of high-interest balances, streamline payments and steadily improve their credit scores.

Consolidating Debt for Simplicity and Savings 

Debt consolidation is a practical option for families juggling multiple high-interest debts, such as credit cards or personal loans. By combining these debts into a single loan ideally with a lower interest rate, families can simplify their monthly payments and potentially save money on interest over time. However, it’s important to research options carefully, as consolidation loans may come with fees and require good credit to secure the best rates.

Paying Down High-Interest Balances First 

Prioritizing debt payments is key to reducing overall costs. The “debt avalanche” method involves focusing extra payments on the highest interest debts while maintaining minimum payments on others. This approach minimizes interest paid and accelerates debt payoff. Alternatively, the “debt snowball” method targets the smallest balances first, providing quick wins and motivation to continue.

Improving Household Credit Scores 

Boosting credit scores is a gradual process that hinges on consistent, responsible financial habits. Paying all bills on time, keeping credit card balances low (ideally below 30% of the credit limit) and avoiding unnecessary new credit inquiries are crucial steps. Regularly reviewing credit reports for accuracy and maintaining older credit accounts can also help improve scores over time.

By following these practical steps, families can take control of their debt, reduce financial stress and build a stronger credit profile for the future.

Do you still have questions? Talk with an RCB Bank Banker or Wealth Advisor today.

The opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank. Member FDIC. 

Sources

1. https://smartasset.com/debt/strategies-for-properly-managing-debt
2. https://debthelper.com/debt-management-tips/
3. https://www.experian.com/blogs/ask-experian/how-debt-consolidation-can-improve-your-credit/
4. https://www.ourfamilywizard.com/blog/9-debt-management-strategies-co-parents
5. https://www.incharge.org/debt-relief/debt-consolidation/consolidate-debt-without-hurting-credit/
6. https://www.equifax.com/personal/education/debt-management/articles/-/learn/what-is-debt-consolidation/
7. https://jayhawkfinances.ku.edu/managing-credit

Toll tag text fraud is on the rise, targeting unsuspecting drivers across the United States. Scammers send fraudulent text messages claiming unpaid tolls and demanding immediate payment to avoid penalties. These messages often include links leading to phishing websites designed to steal personal and financial information, such as credit card details or driver’s license numbers. Authorities, including the FBI and Federal Trade Commission (FTC), have issued warnings about this deceptive practice, urging vigilance among consumers. [1] [2] [3]

The scam typically creates urgency, threatening late fees or legal consequences if payment isn’t made promptly. This tactic aims to pressure recipients into acting without verifying the legitimacy of the message. However, legitimate toll agencies like TxTag and PikePass confirm they do not use text messages for payment requests. Instead, they communicate through official channels such as email or their websites. [1] [4] [5]

To protect yourself, avoid clicking on suspicious links or sharing personal information via text. Verify any toll charges directly with your toll agency using trusted contact details. Additionally, report fraudulent texts to authorities, such as the FTC’s Report Fraud website or your local law enforcement agency. Deleting these messages after reporting is also recommended. [2] [5]

As toll scams continue to evolve, staying informed and cautious is essential. By recognizing red flags and following safety measures, you can safeguard your identity and finances against these increasingly common schemes. [1] [3] [6]

Prompt Reporting: If you feel you have fallen for a scam or suspect your accounts or identity have been compromised, report the incident immediately. RCB Bank customers can contact us at 855-226-5722 during business hours Monday – Friday 8:00 a.m. – 6:00 p.m. excluding Federal Holidays or visit the RCB Bank Security Center website for detailed information. Need to contact RCB Bank Fraud Department on the weekend? Contact us at 877-361-0814 Saturday 8:00 a.m. – 4:00 p.m. CST or Sunday 8:00 a.m. – 12:00 p.m. CST (excluding Federal Holidays).

Contact other reliable sources such as the FBI and file a complaint at ic3.gov to contribute to efforts against these fraudulent activities.

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank, Member FDIC.

Sources

[1] https://www.nbcdfw.com/news/local/txtag-toll-bill-text-scam-how-to-report/3778955/

[2] https://consumer.ftc.gov/consumer-alerts/2024/05/text-about-overdue-toll-charges-probably-scam

[3] https://consumer.ftc.gov/consumer-alerts/2025/01/got-text-about-unpaid-tolls-its-probably-scam

[4] https://www.txdot.gov/about/newsroom/statewide/2024/txdot-warning-drivers-of-spike-in-texting-scams-targeting-txtag-customers.html

[5] https://www.oklahoman.com/story/business/finance/2025/02/20/oklahoma-toll-text-scam-what-to-know-fastrak-e-z-pay/79304833007/

[6] https://www.usatoday.com/story/money/2025/03/05/toll-road-text-scam/81651486007/

Account takeover (ATO) attacks have evolved significantly in the age of automation, posing a growing threat to individuals and organizations alike. Automation tools, powered by artificial intelligence (AI) and machine learning (ML), now enable cybercriminals to scale their operations, bypass traditional defenses and execute sophisticated attacks with minimal effort. [1]

One prevalent technique is credential stuffing, where attackers use automated tools to test millions of stolen usernames and passwords across multiple platforms. Newer AI and ML tools allow bad actors to target over 140 platforms, including email providers, e-commerce sites and financial institutions. These tools often include modules for bypassing security measures such as CAPTCHA, making them highly effective. Additionally, emerging technologies like deep-fake based social engineering further complicated detection by mimicking legitimate user behavior. [2] [3]

Defending against ATO attacks requires adaptive strategies. Multi-factor authentication (MFA), session monitoring and identity verification (IDV) are critical components of modern defense systems. These measures help reduce the attack surface by adding layers of security to account recovery processes and login protocols. Furthermore, regular security training and awareness programs can mitigate risks associated with phishing and social engineering. [4]

As attackers refine their methods, businesses and individuals must remain proactive in adopting advanced security technologies. The continuous evolution of ATO defense strategies underscores the need for vigilance in protecting sensitive data and maintaining trust in digital ecosystems.

Prompt Reporting: If you feel you have fallen for a scam or suspect your accounts or identity have been compromised, report the incident immediately. RCB Bank customers can contact us at 855-226-5722 during business hours Monday – Friday 8:00 a.m. – 6:00 p.m. excluding Federal Holidays or visit the RCB Bank Security Center website for detailed information. Need to contact RCB Bank Fraud Department on the weekend? Contact us at 877-361-0814 Saturday 8:00 a.m. – 4:00 p.m. CST or Sunday 8:00 a.m. – 12:00 p.m. CST (excluding Federal Holidays).

Contact other reliable sources such as the FBI and file a complaint at ic3.gov to contribute to efforts against these fraudulent activities.

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank, Member FDIC.

Sources:

[1] https://www.sentinelone.com/cybersecurity-101/threat-intelligence/the-ultimate-guide-to-preventing-account-takeover-attacks/

[2] https://idramp.com/account-takeover-attack-ato-defense-a-guide-to-protecting-your-company/

[3] https://www.crossclassify.com/resources/articles/the-anatomy-of-account-takeover/

[4] https://perception-point.io/guides/account-takeover/understanding-account-takeover-ato-9-defensive-measures/

The interest rate on your mortgage plays a pivotal role in shaping your monthly payments and the overall cost of your loan. Beyond the percentage itself, understanding how interest is calculated and the differences between fixed and variable rates can help you make informed financial decisions.

How Interest is Calculated 

Mortgage interest is calculated monthly by multiplying your remaining loan balance by the annual interest rate and dividing by 12. For example, if your balance is $300,000 with an interest rate of 6.5%, your interest payment for that month would be $1,625. As you pay down the principal, the interest portion decreases, allowing more of your payment to go toward reducing the loan balance. This dynamic highlights why securing a lower interest rate or opting for a shorter loan term can significantly reduce your total costs.

Impact on Monthly Payments 

Your monthly mortgage payment consists of two key components: principal and interest. Higher interest rates increase the proportion of your payment allocated to interest, raising overall costs. Conversely, lower rates make homeownership more affordable by reducing monthly payments and freeing up more funds to pay down on the principal.

Fixed vs. Variable Rates 

Fixed-rate mortgages offer stability; your interest rate and monthly payments remain constant throughout the loan term. This predictability is ideal for those seeking long-term financial consistency. On the other hand, variable-rate mortgages start with lower initial rates but fluctuate based on market conditions. While they can lead to savings if rates drop, they carry the risk of higher payments if rates rise.

Choosing between fixed and variable rates depends on your financial goals and tolerance for risk. Fixed rates provide security, while variable rates may offer cost savings in favorable economic conditions.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender, RCB Bank NMLS #798151.

Sources:

https://www.experian.com/blogs/ask-experian/how-mortgage-interest-works/

https://www.mortgagecalculator.org

https://www.bankrate.com/mortgages/mortgage-calculator/

https://www.bankrate.com/mortgages/what-is-a-mortgage-interest-rate/

Synthetic identity fraud has emerged as the fastest-growing form of financial crime, surpassing traditional credit card fraud and identity theft. This sophisticated scheme involves creating fictitious identities by combining real and fabricated personal information, posing a significant threat to financial institutions and individuals alike.

Fraudsters typically begin by obtaining authentic personal data, often focusing on Social Security Numbers (SSNs) from vulnerable groups such as children, the elderly or homeless individuals. They then combine this information with fake names, addresses and other details to create a new, synthetic identity.

What makes synthetic identity fraud particularly challenging to detect is its ability to pass initial verification checks. Unlike traditional identity theft, where inconsistencies are more apparent, synthetic identities can appear legitimate and even build positive credit histories over time.

To combat this growing threat, businesses are turning to advanced technologies and multi-layered approaches. Machine learning and artificial intelligence play crucial roles in analyzing customer behavior patterns and identifying anomalies. Additionally, cross-referencing data from multiple sources and implementing robust document and biometric verification methods can help uncover discrepancies.

For consumers, vigilance is key. Regularly monitoring credit reports, securing personal information and being cautious about sharing sensitive data online can help reduce the risk of becoming a victim.

As synthetic identity fraud continues to evolve, collaboration between financial institutions, technology providers and regulatory bodies will be essential in developing more effective detection and prevention strategies. By staying informed and implementing comprehensive security measures, both businesses and individuals can better protect themselves against this insidious form of financial crime.

Prompt Reporting: If you feel you have fallen for a scam or suspect your accounts or identity have been compromised, report the incident immediately. RCB Bank customers can contact us at 855-226-5722 during business hours Monday – Friday 8:00 a.m. – 6:00 p.m. excluding Federal Holidays or visit the RCB Bank Security Center website for detailed information. Need to contact RCB Bank Fraud Department on the weekend? Contact us at 877-361-0814 Saturday 8:00 a.m. – 4:00 p.m. CST or Sunday 8:00 a.m. – 12:00 p.m. CST (excluding Federal Holidays).

Contact other reliable sources such as the FBI and file a complaint at ic3.gov to contribute to efforts against these fraudulent activities.

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank, Member FDIC.

Sources:

[1] Synthetic Identity Fraud: What is it and How to Combat it https://legal.thomsonreuters.com/blog/synthetic-identity-fraud-what-is-it-and-how-to-combat-it/

[2] Synthetic Identity Fraud: Strategies for Spotting Fakes  https://www.trulioo.com/blog/fraud-prevention/synthetic-identity-fraud

[3] Trends in synthetic identity fraud | Thomson Reuters https://legal.thomsonreuters.com/en/insights/articles/trends-in-synthetic-identity-fraud

[4] What Is Synthetic Identity Fraud & Theft? Definition | Proofpoint US https://www.proofpoint.com/us/threat-reference/synthetic-identity-fraud

The increasing accessibility of artificial intelligence (AI) tools has made it easier for scammers to create deepfakes that are difficult to distinguish from genuine content. This poses a significant challenge for individuals and organizations trying to protect themselves from these sophisticated attacks. Deepfake technology is powered by AI and has become a significant threat for 2025, enabling scammers to create convincing fake videos and audio.

These scams target individuals and businesses, exploiting human vulnerabilities rather than technical flaws. Deepfakes have been used in a variety of scams, including impersonation attacks where criminals mimic executives or employees to authorize fraudulent transactions. In some cases, these scams have resulted in millions of dollars in losses. Similarly, romance scams and phishing schemes have adopted deepfake technology to manipulate victims into sharing sensitive information or transferring money.

To safeguard against deepfake scams, experts recommend several strategies.

• First, limit the amount of personal information shared online, as this can be used to create convincing fake content.
• Second, verify any suspicious communication through trusted channels, such as directly calling the person or organization involved before acting.
• Third, use detection tools designed to identify manipulated audio or video content.
• For businesses, investing in advanced cybersecurity measures like real-time AI detection systems and conducting employee training on spotting swindles is essential.

It is also recommended to use the “3A” approach: assess the message, analyze audio-visual elements for inconsistencies and authenticate the source.

As this technology continues to evolve, staying vigilant and informed is critical to protecting yourself from its misuse.

Prompt Reporting: If you feel you have fallen for a scam or suspect your accounts or identity have been compromised, report the incident immediately. RCB Bank customers can contact us at 855-226-5722 during business hours Monday – Friday 8:00 a.m. – 6:00 p.m. excluding Federal Holidays or visit the RCB Bank Security Center website for detailed information. Need to contact RCB Bank Fraud Department on the weekend? Contact us at 877-361-0814 Saturday 8:00 a.m. – 4:00 p.m. CST or Sunday 8:00 a.m. – 12:00 p.m. CST (excluding Federal Holidays).

Contact other reliable sources such as the FBI and file a complaint at ic3.gov to contribute to efforts against these fraudulent activities.

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank, Member FDIC.

Sources:

[1] 2025 deepfake threat predictions from biometrics, cybersecurity https://www.biometricupdate.com/202501/2025-deepfake-threat-predictions-from-biometrics-cybersecurity-insiders

[2] The 6 Most Popular AI Scams In 2025 https://caniphish.com/blog/ai-scams

[3] Understanding Deepfakes: What Older Adults Need to Know https://www.ncoa.org/article/understanding-deepfakes-what-older-adults-need-to-know/

[4] How to Protect Yourself Against Deepfakes https://www.staysafeonline.org/articles/how-to-protect-yourself-against-deepfakes

[5] Cybersecurity, Deepfakes and the Human Risk of AI Fraud https://www.govtech.com/security/cybersecurity-deepfakes-and-the-human-risk-of-ai-fraud

When you take out a mortgage, your monthly payment is typically divided into several components, including principal, interest, taxes and insurance. Among these, the principal is the core part of your loan repayment. Understanding how it works can help you better manage your mortgage over time.

The principal is the original amount of money you borrow from a lender to purchase a home. For example, if you buy a house for $300,000 and make a $50,000 down payment, your principal loan amount will be $250,000. This amount does not include interest or other fees associated with your mortgage.

Each monthly mortgage payment you make includes a portion that goes toward reducing the principal balance. In the early years of your loan, most of your payment goes towards the interest rather than principal due to how loans are amortized. Over time, as the balance decreases, more of your payment is applied to the principal.

The way the principal changes over the life of your loan depends on factors like your loan term and interest rate. Shorter loan terms or additional payments toward the principal can help reduce the balance faster and save on interest costs in the long run.

Understanding your principal and how it fits into your overall mortgage can empower you to make informed financial decisions. Paying extra toward the principal when possible is one strategy to pay off your loan faster and reduce total interest paid overtime.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender. RCB Bank NMLS #798151.

Sources:

[1] How to Calculate Principal and Interest on a Mortgage Payment https://anytimeestimate.com/home-buying/principal-and-interest/

[2] Mortgage Principal: The Core of Your Home Loan Explained https://www.businessinsider.com/personal-finance/mortgages/mortgage-principal

As the holiday season approaches, many people are eager to travel and reunite with loved ones. However, this time of year also sees a rise in travel scams that can turn joyous plans into stressful experiences. Staying informed and vigilant is essential to ensure a safe and enjoyable holiday journey.

As we plan trips to visit loved ones, it’s crucial to remain vigilant when booking travel arrangements. To ensure a safe and enjoyable holiday season, consider these important tips:

• Exercise caution with third-party booking sites, especially those advertising on social media. If a deal seems too good to be true, it likely is. Be wary of sellers requesting payment via wire transfers, cryptocurrency or cash transfer apps, as these can be red flags for illegitimate operations.
• Always research companies thoroughly before booking. Check their legitimacy, standing and recent reviews. Opt for reputable rental companies or travel businesses and carefully review their refund and cancellation policies.
• Use secure payment methods that offer fraud protection, such as credit cards or digital wallets. Avoid paying with cash, wire transfers or gift cards.
• Be cautious of unsolicited travel offers via phone calls, emails or postcards. If a deal is significantly below market value, it’s likely a scam.
• When booking vacation rentals, keep all interactions within legitimate websites like Airbnb or Vrbo. Requests to take conversations off-platform often indicate potential fraud.
• When traveling, notifying your bank about your travel plans is crucial to ensure uninterrupted access to your funds. By informing your bank of your destinations and travel dates, you can prevent your debit card transactions from being flagged as suspicious activity, which could lead to a temporary hold on your card. RCB Bank customers can manage their travel alerts via Card Management Tools.

Being aware of potential travel scams during the holiday season is crucial for safeguarding your plans and finances. By conducting thorough research and using secure payment methods, you can significantly reduce your risk of falling victim to fraud. By following these guidelines, you can better protect yourself from holiday travel scams and focus on enjoying your time with family and friends.

Prompt Reporting: If you feel you have fallen for a scam or suspect your accounts or identity have been compromised, report the incident immediately. RCB Bank customers can contact us at 855-226-5722 during business hours Monday – Friday 8:00 a.m. – 6:00 p.m. excluding Federal Holidays or visit the RCB Bank Security Center website for detailed information. Need to contact RCB Bank Fraud Department on the weekend? Contact us at 877-361-0814 Saturday 8:00 a.m. – 4:00 p.m. CST or Sunday 8:00 a.m. – 12:00 p.m. CST (excluding Federal Holidays).

Contact other reliable sources such as the FBI and file a complaint at ic3.gov to contribute to efforts against these fraudulent activities.

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank, Member FDIC.

Sources:

[1] https://consumer.ftc.gov/articles/avoid-scams-when-you-travel

As we enter 2025, financial fitness has emerged as the next big wellness trend. Just like physical and mental health, your financial well-being plays a crucial role in your overall quality of life. Here are some key strategies to help you build your money muscles and achieve financial wellness:

Create a Budget and Stick to It 

The foundation of financial fitness is a well-planned budget. Track your income and expenses, categorize your spending and identify areas where you can cut back. Set realistic financial goals and allocate your resources accordingly[1].

Automate Your Savings 

Make savings a habit by setting up automatic transfers to your savings account. This “set it and forget it” approach ensures you consistently build your financial cushion without having to think about it[3].

Invest in Your Financial Education 

Take advantage of free online courses, webinars and seminars to improve your financial literacy. Understanding concepts like investing, debt management and retirement planning will empower you to make informed decisions about your money.

Build an Emergency Fund 

Aim to save three to six months’ worth of living expenses in an easily accessible account. This financial safety net will protect you from unexpected setbacks and reduce stress during challenging times[2].

Regularly Review Your Financial Health 

Schedule periodic check-ins to assess your progress and adjust your strategies as needed. Consider working with a financial advisor to get personalized guidance and ensure you’re on track to meet your long-term goals[3].

By incorporating these habits into your daily life, you’ll be well on your way to achieving financial fitness and enjoying the peace of mind that comes with it.

To achieve financial success in 2025, start by setting SMART goals—specific, measurable, achievable, relevant and time-bound—such as saving for an emergency fund or paying down debt[3]. Pair these goals with a realistic budget that prioritizes essentials, discretionary spending and savings using frameworks like the 50/30/20 rule[3]. Finally, automate your savings and track progress regularly to stay motivated and ensure long-term financial stability.

Still have questions? Talk with an RCB Bank Banker or Wealth Advisor today. Visit the website RCBbank.bank or call 855.226.5722.

The opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank. Member FDIC. 

Sources

[1] Financial wellness: what it is, benefits, and 10 ways to get there — Calm Blog

[2] I’m a Financial Planner: 7 Financial Tips To Get Ahead in 2025 | Nasdaq

[3] Your 2025 Financial Plan: Key Steps to Start the New Year Right

Selecting the right mortgage term is a critical financial choice that can significantly impact your long-term economic well-being. Homeowners face a fundamental decision between 15-year and 30-year mortgage options, each presenting distinct advantages and potential challenges.

15-Year Mortgage

A 15-year mortgage offers a compelling approach for financially disciplined individuals. This option provides notably lower interest rates, enabling homeowners to build equity substantially faster and reduce overall interest payments. The accelerated payment structure means substantial long-term savings, with borrowers potentially saving tens of thousands of dollars over the loan’s lifetime[2].

However, this approach is not without its complexities. The higher monthly payments require a more robust financial foundation. Borrowers must carefully assess their income stability and monthly budget to ensure they can consistently meet these more demanding financial obligations[1].

30-Year Mortgage

Conversely, the 30-year mortgage offers greater financial flexibility. Lower monthly payments provide homeowners with increased financial maneuverability, allowing for additional investments, emergency savings or managing other financial priorities[3]. This approach is particularly advantageous for individuals with variable income or those seeking to maintain more liquid financial resources.

The trade-off, however, is a higher total interest payment over the loan’s duration and a slower equity-building process. Borrowers will ultimately pay significantly more in interest compared to the 15-year option.

Making an Informed Decision 

The optimal mortgage term depends on individual financial circumstances, career trajectory, and long-term goals. Factors to consider include:

• Current income and job stability
• Long-term financial objectives
• Existing investment strategies
• Personal risk tolerance

Financial experts recommend a comprehensive evaluation of personal financial health before making this critical decision. Consulting with mortgage professionals can provide tailored insights, helping borrowers make an informed choice that aligns with their unique financial situation.

Ultimately, the right mortgage term is a personal decision that requires careful consideration of individual financial goals, current economic circumstances, and future aspirations.

Contact one of our Mortgage Representatives today to assist you in meeting your homeownership goals!

Opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. For specific questions regarding your personal lending needs, please call RCB Bank at 855-BANK-RCB. With approved credit. Terms, qualifications and other restrictions apply. Member FDIC, Equal Housing Lender. RCB Bank NMLS #798151.

Sources:

[1] https://www.investopedia.com/articles/personal-finance/042015/comparison-30year-vs-15year-mortgage.asp

[2] https://www.forbes.com/advisor/mortgages/15-year-vs-30-year-mortgage-calculator/

[3] https://www.cnn.com/cnn-underscored/money/15-vs-30-year-mortgage

Just like scheduling a financial health checkup, monthly financial fitness requires consistent effort, discipline and a strategic approach. Think of your money management like a workout plan; it needs regular attention, tracking and commitment to see real results.

Start with a Financial Assessment 

The hardest part of the routine is getting started, in this case it is taking a hard look at your current financial condition. This means reviewing your income, expenses, debts and savings; much like a personal trainer would assess your initial fitness level. Identify your financial strengths and areas that need improvement.

Create a Realistic Budget 

Developing a budget is like designing an exercise regimen. It should be challenging yet achievable. Track every dollar, categorize your spending and set clear limits. Use budgeting apps or spreadsheets to make this process easier and more transparent.

Build Your Financial Muscle: Savings and Investments 

Regular savings is like strength training for your finances. Aim to save at least 10-15% of your income. Start small if needed but be consistent. Explore retirement accounts, emergency funds and diversified investment options to build long-term financial resilience.

Eliminate Debt

High-interest debt is like excess weight; it slows you down and drains your energy. Develop a debt reduction strategy. Consider the debt snowball or avalanche method to systematically reduce what you owe.

Continuous Learning and Adaptation 

Financial fitness, like physical fitness, requires ongoing education. Read financial blogs, attend workshops and stay informed about personal finance strategies. Be willing to adjust your approach as your life circumstances change.

Remember, financial fitness is a journey, not a destination. Stay motivated, track your progress and celebrate small victories along the way. With dedication and the right mindset, you can transform your financial health.

Still have questions? Talk with an RCB Bank Banker or Wealth Advisor today. Visit the website RCBbank.bank or call 855.226.5722.

The opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank. Member FDIC. 

Sources

[1] https://moneysmartathlete.com/starting-strong-financial-fitness-tips-for-athletes/financial-fitness-routines-habits-to-sustain-a-strong-financial-game/

[2] https://www.greenpath.com/blog/five-part-checklist-to-improve-your-financial-fitness/

Scheduling a monthly financial health check is a practical way to keep your finances in check. Just like a regular medical checkup, it helps you assess your financial situation and identify areas for improvement.

So, what does this checkup look like? First off, you’ll want to take a good look at your budget. Where’s your money coming from and where’s it going? Are you spending more than you’re earning? This is your chance to spot any sneaky expenses that might be draining your bank account.

Next, tackle debt. Make a list of what you owe and the interest rates on each debt. This info is golden when it comes to figuring out which debts to pay off first. Don’t forget about your credit report. It’s a good idea to give it a once-over at least yearly. Your credit score can affect everything from loan approvals to interest rates, so it’s worth keeping an eye on.

Setting financial goals is another key part of your checkup. Maybe you’re saving for a house or thinking about retirement. Whatever your goals, make sure they’re realistic and fit your current life situation. If you’re feeling a bit lost, don’t be afraid to chat with a financial advisor. They can offer personalized advice and help you stay on track.

Remember, these regular checkups aren’t just about avoiding money troubles. They’re about giving you the power to make smart choices with your cash. By keeping tabs on your finances monthly, you’re setting yourself up for a healthier financial future. It might take a bit of effort, but it’s worth it in the long run.

Still have questions, talk with an RCB Bank Banker or Wealth Advisor today.

The opinions expressed above are the personal opinions of the author and meant for generic illustration purposes only. RCB Bank. Member FDIC.