At Richwood Bank, we’ve always believed that banking should be about more than just numbers—it should be about people, purpose, and progress. That’s why we’re excited to share some big news: our President and CEO, Chad L. Hoffman, has been appointed by Governor Mike DeWine to serve on the Ohio Banking Commission.
The Ohio Banking Commission is a group of experienced professionals who help guide the future of banking across the state. They work closely with the Ohio Department of Commerce to make sure banks are safe, sound, and serving the needs of Ohioans.
Chad’s appointment—effective from August 1, 2025 through January 31, 2029—is a big deal. It means that the voice of community banks like Richwood Bank will be heard at the state level. And that’s important, because community banks are deeply connected to the people they serve. We understand the needs of small businesses, families, and local organizations in a way that larger institutions often can’t.
Under Chad’s leadership, Richwood Bank has focused on making banking more accessible, more personal, and more innovative. From digital tools that make managing your money easier to programs that support financial wellness, Chad has always led with a people-first mindset. His new role gives him a chance to bring that same mindset to conversations that shape banking policy for the entire state.
So yes, this is an honor—but it’s also a win for our customers and our community. It means your needs, your values, and your experiences will help inform how banking evolves in Ohio.
We’re proud of Chad, and we’re proud to be part of a movement that keeps community banking strong, relevant, and responsive.
Thanks for being part of our journey. We’ll keep you updated as Chad begins this new chapter—and as we continue working to make banking better for everyone.
