Wealth Management Accounts
We'll Help You Make Money... Faster
The Richwood Banking Company offers you custom investment solutions for every lifestyle. From our flexible savings accounts to our Money Market Management and Investment accounts, we make it simple for you to save more money... faster.
Our personal savings accounts and flexible investment packages are easy to set up with less paperwork. Many of ozur accounts let you take advantage of our free online banking from your touch-tone phone, so you can bank according to YOUR schedule, 24 hours a day, seven days a week.
Money Market Management Accounts >>
Savings Accounts
Foundation Savings
"Our most basic interest-bearing savings account."
Ideal for customers who are minors, who have no automatic transactions, or who don’t need an ATM card or plan to view their accounts online, our Foundation savings account is our most basic deposit account. This account requires only a $50 opening deposit, though minors may open this account with just $10. There’s a $.50 charge for each withdrawal over six in a calendar month. The Richwood Banking Company offers an extremely competitive tiered interest rate.
- No fee account.
- Interest compounds daily; paid quarterly.
- Passbook required to make deposits/withdrawals.
- competitive interest rate.
Call 1-740-943-2317 today to speak to one of our friendly banking professionals about opening your Foundation savings account.
Performance Savings
"Ideal for students, customers with automatic deposits and seniors."
This personal savings account can be opened with $50 (minors may open an account for just $10). Our Performance Savings account is perfect for students away at college, customers with automatic deposits, seniors aged 55 and over, and customers who don’t want to carry their Foundations Savings Book. Interest compounds daily, and paid quarterly. No book is required for transactions. Six transfers allowed per month. A $1 monthly fee applies to this account (complimentary for our senior and student customers). Fee waived if the account maintains a minimum balance of $10,000 per day. This account can be viewed using our Online Banking services.
- Competitive, tiered interest rates.
- Monthly statements.
- Accessible with ATM card.
- Complimentary for seniors.
Start earning more money today with your own Performance savings account! Just call 1-740-943-2317 to speak with one of our friendly bankers.
Money Market Management Accounts
Diamond Savings Account
"For customers who want higher interest rates with limited funds access."
This Money Market Management Account is ideal account for customers wanting higher interest rates and don't mind limited access to their money, and for customers who maintain a high daily balance with a low number of transactions. Our Diamond savings account offers the highest interest rates of any of our savings and checking accounts, and can be opened with a minimum of $1,000. There’s a $7 per month charge for this account; but this fee is waived if a balance of $1,000 per day is maintained. Limit of three transfers and three checks during calendar month.
- High interest rate.
- Limited access to funds.
- Low minimum balance.
Earn the most from your money today by calling 1-740-943-2317 to speak with one of our friendly bankers about your Diamond savings account.
Diamond Plus Savings Account
"Created for our customers who want higher interest rates."
Our supreme Money Market Management account was created specifically for our customers who wanted higher interest rates than our Diamond Money Market account. The opening balance is $10,000, and the same transactional limits apply (three transfers and three checks during calendar month). The monthly fee for a Diamond Plus savings account is $10 per month; fee waived if monthly balance of $10,000 is maintained.
- High interest rate.
- Limited access to funds.
- $10,000 to open account.
Put your money to work for you today with a Diamond Plus savings account; just call 1-740-943-2317 to speak with one of our friendly bankers.
Investment Accounts
Certificates of Deposit (CDs)
The Richwood Banking Company offers several different terms and interest rates on Certificates of Deposits (CDs). CDs are perfect for our customers who do not need immediate access to their money being deposited. And best of all, our CDs guarantee high interest rates for specific periods of time, and the interest compounds on a daily basis. Interest payments are paid according to customer request. Other than penalties for early withdrawals, there are no fees associated with CDs. The rate boards located in each office provide an excellent reference to the prevailing rates. A Certificate of Deposit requires an opening balance of $500 unless otherwise stated.
- Various rates and terms to choose from.
- Guaranteed high interest rates
- Interest rates compounded daily.
Open your own Certificates of Deposit today by calling 1-740-943-2317 and speaking with one of our expert bankers.
Individual Retirement Accounts (IRAs)
Start planning for your future today by opening one of our Individual Retirement Accounts. These provide dependable retirement income and real financial security for your future. Ask about our traditional IRAs, Rollover IRAs, Roth IRAs and Educational IRAs. Various rates and terms to choose from.
- Some age and deposit limits apply.
- Deposits can be tax-free or tax-deferred.
- Flexible packages to meet most needs.
Open your own Individual Retirement Account today by calling our IRA banking specialist Deb at 1-740-943-2317.
Start preparing for your financial future today! Contact us by phone or visit us at one of our 3 locations.
