Overview / Commentary
315 Crim Avenue
Belington, WV 26250

Freedom Bank, Inc. is headquartered in Belington and is the 30th largest bank in the state of West Virginia. It is also the 3,319th largest bank in the nation. It was established in 1939 and as of June of 2018, it had grown to 52 employees at 5 locations. Freedom Bank, Inc. has a B health rating.


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Health Grade Components

FDIC Certificate #15664
Year Established1939
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD7.53%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$160.4MM$161.7MM
LoansQ2 2018vs Q2 2017$127.6MM$127.2MM
DepositsQ2 2018vs Q2 2017$139.1MM$138.8MM
Equity CapitalQ2 2018vs Q2 2017$16.3MM$16.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.7MM$2.5MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$3.2MM$4.7MM
Real Estate OwnedQ2 2018vs Q2 2017$2.0MM$867.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Freedom Bank, Inc. Savings Account Rates

0.70%--IRA Statement Savings
0.15%*$25k*-Freedom Bank Savings Accounts
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $25k

Freedom Bank, Inc. CD Rates

1.51%$1k-60 Month CD
1.35%$1k-23 Month CD Special
1.25%$10k-30 Month Freedom CD
1.10%$1k-48 Month CD
1.01%$1k-15 Month CD Special
0.66%$500-36 Month CD
0.52%$500-24 Month CD
0.48%$500-18 Month CD
0.36%$500-12 Month CD
0.24%$500-6 Months CD
0.15%$500-3 Month CD
0.12%$500-10 Day CD
0.12%$500-1 Month CD

Freedom Bank, Inc. IRA Rates

1.51%$1k-60 Month IRA
1.35%$1k-23 Month IRA Special
1.25%$10k-30 Month Freedom IRA
1.10%$1k-48 Month IRA
1.01%$1k-15 Month IRA Special
0.66%$500-36 Month IRA
0.52%$500-24 Month IRA
0.48%$500-18 Month IRA
0.36%$500-12 Month IRA
0.24%$500-6 Months IRA
0.15%$500-3 Month IRA
0.12%$500-10 Day IRA
0.12%$500-1 Month IRA

Freedom Bank, Inc. Locations
Phillipi Branch124 South Main StreetPhilippi, WV 26416
Freedom Bank, Inc.315 Crim AvenueBelington, WV 26250
Bridgeport Branch625 West Main StreetBridgeport, WV 26330
Elkins BranchRoute 219/250 SouthElkins, WV 26241
Buckhannon Branch302 Rr 20, South RoadBuckhannon, WV 26201

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