Monthly qualifiers

Each month, when you receive your statement electronically, have at least one direct deposit or automatic payment and 12 debit card purchases post and settle – you are qualified to receive your rewards.

What you earn

Earn 0.50% APY on balances $0.01 to $9,999.99. Earn 0.50% - 0.11% on balances of $10,000 and above, depending on balance in account.


Rewards are real-time, all the time. Once you’ve reached at least 12 posted and settled debit card purchases and had a direct deposit or automatic payment (the e-statement is automatic once you sign up) – then you’re in the reward zone for the month. This means you’ll see your ATM fee refunds (up to $25 total each month) happen by next business processing day.

Qualification cycle

Your qualifying cycle starts at the first of the month and ends the last business day of that month.


APY = Annual Percentage Yield. APYs accurate as of 04/26/2022. Rates may change after account is opened. There is no minimum to open account.  Account will close after 30 days with a $0.00 balance. If Thrive qualifications are met each statement cycle: 1) Domestic ATM fees incurred during the statement cycle will be reimbursed up to $25 and credited to account; 2) balances up to $10,000 receive APY of 0.50%; and 3) balances $10,000 and above earn 0.100% interest rate on the portion of the balance over $10,000, resulting in 0.50% – 0.11% APY depending on the balance. If qualifications are not met on Thrive, interest will not be earned and ATM fees are not refunded. All qualifying transactions must post and settle to Thrive account during the statement cycle. Transactions and activities may take one or more banking day(s) from the date the transaction or activity occurred to post and settle to the account. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, and debit-card transactions processed by merchants and received by Richwood Bank as ATM transactions. The advertised Thrive APY is based on compounding interest. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.