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First Bank Richmond

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First Bank Richmond Rates & Review May 2026

Q: How many branches does First Bank Richmond operate?

First Bank Richmond currently maintains approximately 14 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, First Bank Richmond does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, First Bank Richmond provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: May 7, 2026

You can compare First Bank Richmond rates to other rates in our database, including 12-month CD rates currently at 2.25%, 6-month CD rates at 0.75% and 3-month CD rates at 1.75%. Savings rates are at 0.10% and money market rates are at 1.50%. Mortgage rates on 30-year fixed loans are around 6.03%. All these rates can be compared to First Bank Richmond rates. MonitorBankRates evaluates the financial stability of First Bank Richmond with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 8.85%. Rates were last updated on 05/07/2026.

First Bank Richmond money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at First Bank Richmond? Share your experience about First Bank Richmond by leaving a review below, or read customer reviews before you decide to use First Bank Richmond.

Overall Health & Safety Grade

Excellent Health Score: 96/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

8.85%

Excellent Higher than avg

First Bank Richmond

20 N 9th St
Richmond, IN 47374

https://www.firstbankrichmond.com

Current Rate Availability

We do not have First Bank Richmond rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for First Bank Richmond is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather First Bank Richmond rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with First Bank Richmond's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name First Bank Richmond

Bank Holding Company RICHMOND MUTUAL BCORP INC

Address 20 N 9th St, Richmond, IN 47374 · Wayne

Website https://www.firstbankrichmond.com

FDIC Certificate # 28533

Established 01/01/1887

FDIC Insurance Date 08/09/1989

Domestic Offices 14

Total Branches 14

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 96/100

5.0

Exceptional Out of 5.0 Stars

8.85%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.7877%

Return on Equity (ROE) 10.4600%

Non-Performing Loans (NPL) 0.52%

Total Assets $1,519,486,000

Total Deposits $1,119,824,000

Equity Capital $136,124,000

Net Income $12,572,000

Headquarters Richmond

Total Offices 14

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for First Bank Richmond

Frequently Asked Questions About First Bank Richmond

Is First Bank Richmond a safe place to deposit money?

Yes, First Bank Richmond is considered a safe financial institution. With a Texas Ratio of 8.8539788823075%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does First Bank Richmond operate?

First Bank Richmond currently maintains approximately 14 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, First Bank Richmond does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, First Bank Richmond provides members with tools to manage their accounts and build a solid financial history.

Does First Bank Richmond offer online and mobile banking?

Most modern institutions like First Bank Richmond provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.firstbankrichmond.com.