Press Release

Richwood Bank Wins Award

By December 3, 2015 No Comments

Richwood Bank is the recipient of the 2015 Extraordinary Banking™ Award for being the #1 bank in the United States, presented by the Institute for Extraordinary Banking®.

Richwood Bank was recognized with the Institute’s top honor after competing against two other top bank finalists. Each of the three finalists presented their achievements in front of hundreds of top-performing bankers from around the country. Richwood Bank’s consistent strong performance in five areas of banking — philanthropy, customer service, thought leadership, workplace culture, and financial literacy education — sealed their win.

To honor Richwood Bank, The Institute for Extraordinary Banking® made a donation on behalf of the bank to the Unstoppable Foundation to fund the construction of a school in Africa and awarded Richwood Bank with a new car to use in community service and promotional events.

Richwood Bank was selected as this year’s winner because of their innovations in customer service and bank culture as well as their top level financial performance. The establishment of Richwood Marketing, Richwood U, and Richwood Coffee set them apart from the other high-performing competitors.

The Extraordinary Banking™ Awards exist to highlight the vital (yet often overlooked) role that local, community banks play in our economy. Without a thriving local banking industry, our small businesses and families become nothing more than a number inside a “too big to fail” institution. The Extraordinary Banking™ Awards recognize the best of what community banks offer to our cities, towns and our nation.

Click here to see video and photos from the award ceremony.