Community Banking Thrives at 5-Star Richwood Bank
February 2015: Richwood Bank, Richwood, Ohio is proud to announce it has earned BAUERFINANCIAL’s 5-Star Superior rating for strength and security, proof positive that you don’t have to be the biggest to be the best.
BAUERFINANCIAL INC., Coral Gables, Florida, the nation’s bank rating firm, has been evaluating and rating banks since 1983. A 5-Star Superior rating indicates that Richwood Bank is one of the strongest in the nation, excelling in areas of capital, loan quality, profitability and more. In fact, Richwood Bank has earned a recommended rating (either 5-Stars or 4-Stars) for the latest 102 consecutive quarters.
“Local decisions, responsive service and a dedication to making the community a better place to live. These are the hallmarks of community banks and they are alive and thriving at Richwood Bank”, champions Karen L. Dorway, president of BauerFinancial. “Community banks have an understanding of what the community needs and provide the financial support tailored to those needs. The money deposited into a community bank is loaned back out to the community. It all stays local”, she continued.
This year Richwood Bank will be celebrating 148 years of service to the community. Established in 1867, The Richwood Banking Company (www.richwoodbank2.wpengine.com) currently operates through six conveniently located branch offices in Delaware, Huntsville, LaRue, Marysville, Plain City and Richwood.
Richwood Bank: “Serving Your Community… One Customer at a Time.”
Member of the FDIC and an Equal Housing Lender.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.
BAUERFINANCIAL, INC. P.O. Box 143520, Coral Gables, FL 33114.