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Overview / Commentary
304-823-1531
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 3,488th largest bank in the nation. It was established in 1939 and as of March of 2016, it had grown to 57 employees at 5 locations. Freedom Bank, Inc. has a B health rating.

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Health
B

Health Grade Components

Overall
FDIC Certificate #15664
Year Established1939
Employees57
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD4.44%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$156.9MM$151.6MM
LoansQ1 2016vs Q1 2015$117.5MM$111.2MM
DepositsQ1 2016vs Q1 2015$135.1MM$135.4MM
Equity CapitalQ1 2016vs Q1 2015$15.2MM$14.8MM
Loan Loss AllowanceQ1 2016vs Q1 2015$2.3MM$2.7MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$3.2MM$4.5MM
Real Estate OwnedQ1 2016vs Q1 2015$1.7MM$2.0MM
Rates

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Locations


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