Freedom Bank, Inc. is headquartered in Belington and is the 27th largest bank in the state of West Virginia. It is also the 3,140th largest bank in the nation. It was established in 1939 and as of December of 2020, it had grown to 53 employees at 5 locations. Freedom Bank, Inc. has a B health rating.
Overall | |
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FDIC Certificate # | 15664 |
Year Established | 1939 |
Employees | 53 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.72% |
Return on Equity - YTD | 7.11% |
Annual Interest Income | $6.9MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $188.2MM$166.0MM |
Loans | Q4 2020vs Q4 2019 | $128.4MM$128.7MM |
Deposits | Q4 2020vs Q4 2019 | $167.2MM$145.5MM |
Equity Capital | Q4 2020vs Q4 2019 | $19.0MM$18.3MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.5MM$1.7MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.3MM$3.4MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $3.6MM$1.6MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.25% | - | - | IRA Statement Savings | ||
0.15%* | $25k* | - | Freedom Bank Savings Accounts | ||
OTHER TIERS: 0.05% → Up to $1k | 0.10% → $1k - $25k |
Freedom Bank, Inc. Locations | ||
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Phillipi Branch | 124 South Main Street | Philippi, WV 26416 |
Freedom Bank, Inc. | 20 Crim Avenue | 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 |