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Richwood Bank

Best ForEveryday Medical Spending
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Richwood Bank provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

What’s your definition of adventure? An exciting experience can translate infinitely by each one of us and there’s no wrong answer. So dream big! But most of all, dream. While some hear the word and immediately assume skydiving or setting sail across vast open waters, many adventures happen every day – right here in central Ohio.

Maybe you’ve decided to have a baby. Or three. Maybe they’re all grown and you’re taking the grandchildren to Disney. So many adventures in each and every day. The best ones seem to unfold when plans don’t get in the way. Marriage. Square footage shortages. Needing bigger mortgages. New jobs. Or a Promotion. All-inclusives near the ocean. College. Back to school. Getting that swimming pool. Retiring sooner. Retiring later. Investing in stocks, whichever is greater. Starting your new business? Thinking about it? Weighing it out before you commit?

Adventures await. They are out there – no matter how far or how close – make your own rules. Make your own destiny. Let us help you get there faster.

Key Features

Banking & Access

Includes debit card, online banking and check-writing.

Investment Options

This provider focuses on cash savings without investment options.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$0.00$0.69EXCELLENT
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Savings-Only Account

Richwood Bank currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Interest rates are not currently available for this provider.

Contact Information

Address

28 N Franklin St Richwood, OH 43344 Customer Service

Customer Service

(888) 943-2317

28 N Franklin St Richwood, OH 43344 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardIncluded
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • FDIC/NCUA insured deposits

The Bad

  • No investment options available
  • Interest rates not published

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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