FreedomBank


Overview / Commentary
563-245-2522
210 South Main
Elkader, IA 52043

FreedomBank is headquartered in ELKADER and is the 73rd largest bank in the state of Iowa. It is also the 1,973rd largest bank in the nation. It was established in 1903 and as of September of 2023, it had grown to 60 employees at 5 locations. FreedomBank's CD rates are 6X the national average, and it has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #11767
Year Established1903
Employees60
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.02%
Return on Equity - YTD22.37%
Annual Interest Income$12.7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$423.1MM$439.5MM
LoansQ3 2023vs Q3 2022$303.4MM$290.7MM
DepositsQ3 2023vs Q3 2022$360.5MM$380MM
Equity CapitalQ3 2023vs Q3 2022$38.8MM$40.4MM
Loan Loss AllowanceQ3 2023vs Q3 2022$3.4MM$5MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.9MM$7.4MM
Real Estate OwnedQ3 2023vs Q3 2022$172K$179K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not FreedomBank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

FreedomBank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.60%*$100k*-IRA
OTHER TIERS: 3.05% Up to $25k | 4.08% $25k - $100k
4.60%*$100k*-KEOGH Savings
OTHER TIERS: 3.05% $100 - $25k | 4.08% $25k - $100k
4.08%*$100k*-Variable Rate IRA
OTHER TIERS: 3.05% Up to $25k | 3.56% $25k - $100k
0.10%*$10k*-Health Savings Account
OTHER TIERS: 0.05% Up to $10k
0.10%--Savings

FreedomBank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$250k*-Freedom Bank Money Market Savings
OTHER TIERS: 0.05% Up to $5k | 0.10% $5k - $50k | 0.15% $50k - $100k | 0.25% $100k - $250k

FreedomBank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Freedom Plus Checking

FreedomBank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.11%*$100k*-12 Month CD
OTHER TIERS: 5.01% $1k - $100k
5.11%*$100k*-12 Month Kids CD
OTHER TIERS: 5.01% $500 - $100k
5.11%*$100k*-Business 12 Month CD
OTHER TIERS: 5.01% $1k - $100k
5.06%*$100k*-182 Day CD
OTHER TIERS: 4.96% $1k - $100k
5.06%*$100k*-182 Day Kids CD
OTHER TIERS: 4.96% $500 - $100k
5.06%*$100k*-Business 182 Day CD
OTHER TIERS: 4.96% $1k - $100k
4.65%*$100k*-36 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-30 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-24 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-18 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-18 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 4.04% $25k - $100k
4.65%*$100k*-24 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 4.04% $25k - $100k
4.65%*$100k*-30 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 4.04% $25k - $100k
4.65%*$100k*-36 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 4.04% $25k - $100k
4.65%*$100k*-Business 18 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-Business 24 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-Business 30 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.65%*$100k*-Business 36 Month CD
OTHER TIERS: 2.52% $1k - $25k | 4.04% $25k - $100k
4.04%*$100k*-60 Month CD
OTHER TIERS: 2.52% $1k - $25k | 3.53% $25k - $100k
4.04%*$100k*-48 Month CD
OTHER TIERS: 2.52% $1k - $25k | 3.53% $25k - $100k
4.04%*$100k*-42 Month CD
OTHER TIERS: 2.52% $1k - $25k | 3.53% $25k - $100k
4.04%*$100k*-42 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 3.53% $25k - $100k
4.04%*$100k*-48 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 3.53% $25k - $100k
4.04%*$100k*-60 Month Kids CD
OTHER TIERS: 2.52% $500 - $25k | 3.53% $25k - $100k
4.04%*$100k*-Business 42 Month CD
OTHER TIERS: 2.52% $1k - $25k | 3.53% $25k - $100k
4.04%*$100k*-Business 48 Month CD
OTHER TIERS: 2.52% $1k - $25k | 3.53% $25k - $100k
4.04%*$100k*-Business 60 Month CD
OTHER TIERS: 2.52% $1k - $25k | 3.53% $25k - $100k
3.55%*$100k*-91 Day CD
OTHER TIERS: 2.52% $1k - $25k | 3.03% $25k - $100k
3.55%*$100k*-91 Day Kids CD
OTHER TIERS: 2.52% $500 - $25k | 3.03% $25k - $100k
3.55%*$100k*-Business 91 Day CD
OTHER TIERS: 2.52% $1k - $25k | 3.03% $25k - $100k
Locations


FreedomBank Locations
Monona Office Branch106 South Main StreetMonona, IA 52159
Postville Office Branch135 West TildenPostville, IA 52162
Freedombank210 S Main StElkader, IA 52043
Waukon Branch201 West Main StreetWaukon, IA 52172
Wal-Mart Branch1798 Old Stage RoadDecorah, IA 52101

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.