# The Richwood Banking Company

> **Canonical URL:** https://saferate.com/lenders/the-richwood-banking

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

The Richwood Banking Company is a bank, headquartered in Richwood, OH, serving borrowers across 2 states, with 51 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 72% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 74% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300F263I3XPN55P35
- **Headquarters:** Richwood, OH
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** AZ, OH
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pull Through: Acceptable 🙂
- Score: 26/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.503%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,405
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 51
- **Dollar Volume:** $11 million
- **Applications Received:** 102
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $214,412
- **Average Borrower Income:** $139,863

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 24/100 | 51 | +0.503% | $1,405 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 32 loans, Score: 22/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 23/100 | 32 | $8M | +0.444% | Acceptable 🙂 |
| Refinance | 30/100 | 19 | $3M | +0.628% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 50 | 0.04% | 62/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Columbus, OH | OH | 31 | 62/100 |
| Non |  | 15 | 35/100 |

## Frequently Asked Questions

### What loan types does The Richwood Banking Company offer?

The Richwood Banking Company offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does The Richwood Banking Company offer mortgages?

The Richwood Banking Company offers mortgages in 2 states: AZ, OH.

### How competitive are The Richwood Banking Company's mortgage rates?

The Richwood Banking Company has a pricing score of 28/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.503% above market average.

### What type of lender is The Richwood Banking Company?

The Richwood Banking Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Richwood, OH.

### What is The Richwood Banking Company's loan approval success rate?

The Richwood Banking Company has a pull-through score of 26/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/the-richwood-banking

### How to Cite

> "The Richwood Banking Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-richwood-banking

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