July 13, 2023

Richwood Bank announces expansion

From Richwood Gazette staff reports

Richwood Bank is expanding and remodeling its operations campus located in Richwood. In the past two years, Richwood Bank has increased new customers by 26% and welcomed 813 additional community businesses for financial, marketing, payroll, investment, and treasury management services.

When the Richwood Operations headquarters were first built in 2013, the architectural planning included a second phase of expansion capability based on predicted growth. That time has arrived. In the 10 years since the building was completed, Richwood Bank has grown from 87 employees to 217, and it anticipates adding several more in 2023 as an investment to support the infrastructure required to service the i…

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