FreedomBank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.freedombnk.com

563-245-2522

210 South Main
Elkader, IA 52043

FreedomBank is headquartered in ELKADER and is the 75^th largest bank in the state of Iowa. It is also the 1,944^th largest bank in the nation. It was established in 1903 and as of March of 2025, it had grown to 55 employees at 4 locations. FreedomBank has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	11767
Year Established	1903
Employees	55
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.99%
Return on Equity - YTD	10.46%
Annual Interest Income	$5.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$451MM$450.9MM
Loans	Q1 2025vs Q1 2024	$310.9MM$309MM
Deposits	Q1 2025vs Q1 2024	$389.9MM$388.8MM
Equity Capital	Q1 2025vs Q1 2024	$43.3MM$39.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.5MM$3.5MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$2MM$2.2MM
Real Estate Owned	Q1 2025vs Q1 2024	$231K$357K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for FreedomBank are currently being reviewed.

Locations

FreedomBank Locations
Monona Office Branch	106 South Main Street	Monona, IA 52159
Postville Office Branch	135 West Tilden	Postville, IA 52162
Freedombank	210 S Main St	Elkader, IA 52043
Waukon Branch	201 West Main Street	Waukon, IA 52172
Wal-Mart Branch	1798 Old Stage Road	Decorah, IA 52101

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