Freedom Bank (NJ) is headquartered in MAYWOOD and is the 31st largest bank in the state of New Jersey. It is also the 1,292nd largest bank in the nation. It was established in 2008 and as of December of 2024, it had grown to 57 employees at 5 locations. Freedom Bank (NJ) has an A health rating.
Overall | |
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FDIC Certificate # | 58712 |
Year Established | 2008 |
Employees | 57 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.52% |
Return on Equity - YTD | 5.16% |
Annual Interest Income | $44MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $768.7MM$707.3MM |
Loans | Q4 2024vs Q4 2023 | $663MM$632.8MM |
Deposits | Q4 2024vs Q4 2023 | $644.8MM$555MM |
Equity Capital | Q4 2024vs Q4 2023 | $76.4MM$74.2MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $4.2MM$4.2MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $2MM$2MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Rates for Freedom Bank (NJ) are currently being reviewed.
Freedom Bank (NJ) Locations | ||
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Freedom Bank | 99 W Essex St | Maywood, NJ 07607 |
Guttenberg Branch | 6812 Park Avenue | Guttenberg, NJ 07093 |
Ridgewood Branch | 375 Route 17 South | Ridgewood, NJ 07450 |
Mahwah Branch | 380 Route 17 South | Mahwah, NJ 07430 |
Rutherford Commons | 150 Route 17 North | East Rutherford, NJ 07073 |
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