First Bank Richmond

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.firstbankrichmond.com

765-962-2581

20 North 9th Street
Richmond, IN 47374

First Bank Richmond is headquartered in RICHMOND and is the 17^th largest bank in the state of Indiana. It is also the 741^st largest bank in the nation. It was established in 1887 and as of December of 2024, it had grown to 173 employees at 13 locations. First Bank Richmond's money market rates are 6X the national average, and it has an A health rating.

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Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	28533
Year Established	1887
Employees	173
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.7%
Return on Equity - YTD	8.71%
Annual Interest Income	$80.4MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$1.5B$1.46B
Loans	Q4 2024vs Q4 2023	$1.16B$1.09B
Deposits	Q4 2024vs Q4 2023	$1.1B$1.06B
Equity Capital	Q4 2024vs Q4 2023	$119.8MM$116.5MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$15.8MM$15.7MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$6.8MM$8MM
Real Estate Owned	Q4 2024vs Q4 2023	$37K$136K

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not First Bank Richmond; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

First Bank Richmond Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*^†	$0	$1k	Fit Savings
OTHER TIERS: 0.25% → $1k+
0.25%^†	$1	-	Statement Savings
0.25%^*^†	$5k^*	-	HSA Checking
OTHER TIERS: 0.10% → $0 - $500 \| 0.15% → $500 - $2.5k \| 0.20% → $2.5k - $5k
0.25%^†	$1	-	Kid's First Savings

First Bank Richmond Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.53%^*^†	$1m^*	-	Money Market
OTHER TIERS: 1.01% → $0 - $100k \| 2.02% → $100k - $1m

First Bank Richmond Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^†	$1k	-	Modern Fit
0.25%^*^†	$50k^*	-	Classic Fit
OTHER TIERS: 0.10% → $0 - $5k \| 0.15% → $5k - $15k \| 0.20% → $15k - $50k
0.20%^*^†	$10k^*	-	Sole Proprietor Checking
OTHER TIERS: 0.10% → $500 - $5k \| 0.15% → $5k - $10k
0.20%^*^†	$10k^*	-	Community Companion Checking
OTHER TIERS: 0.10% → $500 - $5k \| 0.15% → $5k - $10k
0.20%^*^†	$75k^*	-	First Business Select Plus Checking
OTHER TIERS: 0.10% → $25k - $50k \| 0.15% → $50k - $75k

First Bank Richmond CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.69%^†	$1k	-	3 Month Fixed Rate CD
3.69%^†	$1k	-	6 Month Fixed Rate CD
3.50%^†	$1k	-	9 Month Fixed Rate CD
3.35%^†	$1k	-	2 Year Fixed Rate CD
3.35%^†	$1k	-	3 Year Fixed Rate CD
3.30%^†	$1k	-	18 Month Fixed Rate CD
3.25%^†	$1k	-	1 Year Fixed Rate CD
3.25%^†	$1k	-	4 Year Fixed Rate CD
3.20%^†	$1k	-	5 Year Fixed Rate CD

First Bank Richmond IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.35%^†	$1k	-	2 Year IRA CD
3.35%^†	$1k	-	3 Year IRA CD
3.30%^†	$1k	-	18 Month IRA CD
3.25%^†	$1k	-	4 Year IRA CD
3.25%^†	$500	-	1 Year IRA CD
3.20%^†	$1k	-	5 Year IRA CD
3.20%^†	$1k	-	7 Year IRA CD
0.25%^†	$20	-	IRA Savings

Locations

First Bank Richmond Locations
Centerville Branch	119 East Main Street	Centerville, IN 47330
Cambridge City Branch	200 W Main St	Cambridge City, IN 47327
Shelbyville Branch	1835 Marketplace Blvd	Shelbyville, IN 46176
First Bank Richmond, National Association	20 N 9th St	Richmond, IN 47374
North Side Branch	2499 Chester Boulevard	Richmond, IN 47374
Westside Branch	2929 National Road West	Richmond, IN 47374
East Side Branch	3403 East Main Street	Richmond, IN 47374
South A Street Motor Branch	601 South A Street	Richmond, IN 47375

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