Freedom Bank, Inc. is headquartered in BELINGTON and is the 29th largest bank in the state of West Virginia. It is also the 2,995th largest bank in the nation. It was established in 1939 and as of March of 2025, it had grown to 48 employees at 5 locations. Freedom Bank, Inc. has an A health rating.
Overall | |
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FDIC Certificate # | 15664 |
Year Established | 1939 |
Employees | 48 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1% |
Return on Equity - YTD | 11.22% |
Annual Interest Income | $2.2MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $208.7MM$204.3MM |
Loans | Q1 2025vs Q1 2024 | $128.3MM$136.4MM |
Deposits | Q1 2025vs Q1 2024 | $187.4MM$177.9MM |
Equity Capital | Q1 2025vs Q1 2024 | $18.8MM$17.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.8MM$1.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.2MM$652K |
Real Estate Owned | Q1 2025vs Q1 2024 | $150K$391K |
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Freedom Bank, Inc. Locations | ||
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Phillipi Branch | 124 South Main Street | Philippi, WV 26416 |
Freedom Bank, Inc. | 20 N Crim Ave | Belington, WV 26250 |
Bridgeport Branch | 625 West Main Street | Bridgeport, WV 26330 |
Elkins Branch | Route 219/250 South | Elkins, WV 26241 |
Buckhannon Branch | 302 Rr 20, South Road | Buckhannon, WV 26201 |
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