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Overview / Commentary
315 Crim Avenue
Belington, WV 26250

Freedom Bank, Inc. is headquartered in Belington and is the 34th largest bank in the state of West Virginia. It is also the 3,491st largest bank in the nation. It was established in 1939 and as of June of 2016, it had grown to 55 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 - YTD0.43%
Return on Equity - YTD4.39%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$155.4MM$150.6MM
LoansQ2 2016vs Q2 2015$118.3MM$120.0MM
DepositsQ2 2016vs Q2 2015$133.4MM$133.0MM
Equity CapitalQ2 2016vs Q2 2015$15.5MM$14.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$2.5MM$2.7MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$3.2MM$5.5MM
Real Estate OwnedQ2 2016vs Q2 2015$1.7MM$1.9MM

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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