BOR Blog

How To Purchase A Home

Wednesday, August 15, 2018Written by: Matt Winkelpleck

How To Purchase A Home

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So, you think you are ready to buy a new home. Buying a home can be confusing, intimidating and stressful for some buyers. It can also be a smooth and worry-free process if you work with the right mortgage [...]

Read Full PostTags: Mortgage

Safe Deposit Box Etiquette

Wednesday, July 25, 2018Written by: Christy Duncan
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Renting a safe deposit box may be a no brainer for some people, while others may need guidance on how they could benefit from this [...]

Read Full PostTags: Education

Bank of Ruston is Growing

Tuesday, May 22, 2018Written by: Bank of Ruston

Main Office Photo.jpgBank of Ruston is pleased to announce that we, through our parent company Century Next Financial Corporation (Pink: CTUY),  are growing and expanding our footprint by entering into an agreement to join forces with First National Bank of Crossett and [...]

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Six Tips for Your Financial Spring Cleaning

Tuesday, May 15, 2018Written by: Mitsy Huffstetler, CRCM, VP/Compliance; Lorie Hamlin, SVP/COO

Spring_BOR_Tips.pngAs the spring season is a motivating time for many to clean, sort, and tidy up around the house, Bank of Ruston is encouraging consumers to add financial organization to their spring cleaning to-do list. To help, BOR has highlighted six tips [...]

Read Full PostTags: Budgeting  |  Debt Reduction  |  Money Management  |  Online Banking  |  Savings

Beneficial Ownership Requirements for Legal Entity Accounts

Wednesday, May 9, 2018Written by: Mitsy S. Huffstetler, CRCM

Overview

In May, 2016, the Federal government passed a new banking regulation regarding the beneficial ownership of legal entity customers.  This new rule requires financial institutions to identify the ultimate beneficial owner(s) and a controlling person of a legal entity customer on all new accounts.  

When Does this Rule Go into Effect?

Financial [...]

Read Full PostTags: Compliance