Press ReleaseRichwood News

Richwood Bank Receives 5-Star Superior Rating

By August 13, 2015 No Comments

5-star logo JUNE 2015

July 2015: Richwood Bank, Richwood, Ohio proudly announces it has earned BauerFinancial, Inc.’s highest (5-Star) rating for strength and stability. Achievement of this coveted 5-Star Superior rating puts Richwood Bank in an elite category as one of the strongest banks in the nation.

BauerFinancial, the nation’s premier bank rating firm, has been evaluating and rating banks since 1983. Earning a 5-Star Superior rating means Richwood Bank excels in areas of capital, loan quality, profitability and more. Richwood Bank has earned Bauer’s Recommended Rating (either 5-Stars or 4-Stars) for the most recent 104 consecutive quarters.

According to Karen L. Dorway, president of BauerFinancial, “Richwood Bank’s achievement is a result of its commitment to community banking and values. By focusing on the financial needs of local families and businesses, Richwood Bank has in turn, charted its own path. It is a symbiotic relationship: the more success customers have, the more success the bank will have. It is built on a commitment to each other and is what all banks should strive for.”

Richwood Bank has been helping customers succeed since its inception in 1867. Today, 148 years later, it operates through six conveniently located branch offices in Delaware, Huntsville, LaRue, Marysville, Plain City and Richwood and can also be found on the internet at www.richwoodbank2.wpengine.com.

Richwood Bank: “Dedicated to Building Strong Communities.”

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.