September 30, 2022 - September 25, 2023
RiverBank Holding Company, the parent company of RiverBank, today announced that it has successfully raised $4,375,000 in new capital through the sale of common stock in a private placement offering that was completed on August 31, 2022. The offering received an oversubscription of interest from both new and existing investors.
RiverBank Holding Company is a single-bank holding company with RiverBank as its wholly owned subsidiary. RiverBank Holding Company intends to downstream a majority of the offering proceeds to RiverBank to strengthen its current capital position and allow for the continuation of RiverBank’s recent growth.
“We are extremely pleased with the results of the offering. The healthy mix of both existing shareholder participation and the addition of new investors has strongly signaled the market’s interest in RiverBank’s performance. The capital infusion not only allows our growth to continue, but shows that our banking model of both high touch relationships combined with a tech focus is favored by both customers and investors alike” said Mike Wilson, Chief Executive Officer
October 20, 2022 - October 20, 2023
RiverBank Joins the BHB BaaS Association
BaaS Banks are reaching the underserved through partnerships with fintechs and brands in a way that traditional banks have struggled to do. Community is no longer defiened by geography, giving us the opportunity to become more diverse and inclusive.
The BHB BaaS Association, a premiere governance association with a singular purpose: Promoting, Creating, and Supporting BaaS (Banking-as-a-Service).
January 30, 2023 - March 31, 2023
2022 Financial Results
SPOKANE, WA / January 24, 2023 / RiverBank Holding Company (OTC Pink: RBNK), the parent company of RiverBank, is pleased to announce its fourth quarter 2022 results.