First Bank Richmond

Overview / Commentary
20 North 9th Street
Richmond, IN 47375

First Bank Richmond is headquartered in Richmond and is the 17th largest bank in the state of Indiana. It is also the 875th largest bank in the nation. It was established in 1887 and as of December of 2020, it had grown to 170 employees at 13 locations. First Bank Richmond's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

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CD Term Correction - 7/17/2020

Listed under the 1 yr CD's is First Bank Richmond's 13 month CD paying 1.11% APY. According to the bank's website and an agent there, it is a 17 month CD paying 1.11%.

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Health Grade Components

FDIC Certificate #28533
Year Established1887
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.06%
Return on Equity - YTD7.43%
Annual Interest Income$42.9MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$1.08B$983.4MM
LoansQ4 2020vs Q4 2019$736.1MM$687.1MM
DepositsQ4 2020vs Q4 2019$731.9MM$662.1MM
Equity CapitalQ4 2020vs Q4 2019$157.0MM$141.4MM
Loan Loss AllowanceQ4 2020vs Q4 2019$10.6MM$7.1MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$4.7MM$3.8MM
Real Estate OwnedQ4 2020vs Q4 2019$32.00K$0
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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

0.50%*-$1kFit Savings
OTHER TIERS: 0.25% $1k+
0.25%$20-IRA Savings
0.25%$1-Statement Savings
0.25%*$5k*-HSA Checking
OTHER TIERS: 0.10% Up to $500 | 0.15% $500 - $2.5k | 0.20% $2.5k - $5k
0.25%$1-Kid's First Savings

First Bank Richmond Money Market Rates

0.50%*$100k*$1mMoney Market
OTHER TIERS: 0.20% Up to $25k | 0.25% $25k - $100k | 0.35% $1m+

First Bank Richmond Checking Account Rates

0.25%*$50k*-Classic Fit
OTHER TIERS: 0.10% Up to $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
0.20%*$25k*-Estate Checking
OTHER TIERS: 0.10% $5k - $15k | 0.15% $15k - $25k
0.10%$1k-Modern Fit

First Bank Richmond CD Rates

1.26%$1k-5 Year Fixed Rate CD
1.26%$1k-5 Year My Fit CD Special
1.11%$500-17 Month CD Special
1.01%$1k-4 Year Fixed Rate CD
0.75%$1k-3 Year Fixed Rate CD
0.65%$1k-2 Year Fixed Rate CD
0.60%$500-18 Month Fixed Rate CD
0.50%$500-1 Year Fixed Rate CD
0.25%$5k-6 Month Fixed Rate CD
0.10%$5k-3 Month Fixed Rate CD

First Bank Richmond IRA Rates

1.26%$1k-5 Year IRA CD
1.26%$1k-7 Year IRA CD
1.01%$1k-4 Year IRA CD
0.75%$1k-3 Year IRA CD
0.65%$1k-2 Year IRA CD
0.60%$1k-18 Month IRA CD
0.50%$500- 1 Year IRA CD

First Bank Richmond Locations
Centerville Branch119 East Main StreetCenterville, IN 47330
Cambridge City Branch200 W Main StCambridge City, IN 47327
Shelbyville Branch1835 Marketplace BlvdShelbyville, IN 46176
First Bank Richmond, National Association20 North 9th StreetRichmond, IN 47374
North Side Branch2499 Chester BoulevardRichmond, IN 47374
Westside Branch2929 National Road WestRichmond, IN 47374
East Side Branch3403 East Main StreetRichmond, IN 47374
South A Street Motor Branch601 South A StreetRichmond, IN 47375

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