FreedomBank


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

FreedomBank is headquartered in Elkader and is the 52nd largest bank in the state of Iowa. It is also the 1,727th largest bank in the nation. It was established in 1903 and as of March of 2020, it had grown to 66 employees at 5 locations. FreedomBank's money market rates are 36% higher than the national average, and it boasts an A+ health rating.

Reviews

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



Health
A+

Health Grade Components

Overall
FDIC Certificate #11767
Year Established1903
Employees66
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD11.63%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$416.1MM$268.0MM
LoansQ1 2020vs Q1 2019$325.1MM$206.2MM
DepositsQ1 2020vs Q1 2019$323.6MM$201.8MM
Equity CapitalQ1 2020vs Q1 2019$51.0MM$33.3MM
Loan Loss AllowanceQ1 2020vs Q1 2019$2.3MM$2.2MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$1.3MM$3.4MM
Real Estate OwnedQ1 2020vs Q1 2019$222.00K$90.00K
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
0.75%*$100k*-IRA
OTHER TIERS: 0.60% Up to $100k
0.75%*$100k*-KEOGH Savings
OTHER TIERS: 0.60% $100 - $100k
0.50%*$10k*-Health Savings Account
OTHER TIERS: 0.15% Up to $500 | 0.30% $500 - $10k
0.40%*$100k*-Variable Rate IRA
OTHER TIERS: 0.30% Up to $100k
0.15%--Savings

FreedomBank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$100k*-Freedom Bank Money Market Savings
OTHER TIERS: 0.15% Up to $5k | 0.25% $5k - $50k | 0.50% $50k - $100k

FreedomBank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Freedom Plus Checking

FreedomBank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$100k*-60 Month CD
OTHER TIERS: 0.75% $1k - $100k
0.90%*$100k*-60 Month Kids CD
OTHER TIERS: 0.75% $500 - $100k
0.75%*$100k*-48 Month CD
OTHER TIERS: 0.60% $1k - $100k
0.75%*$100k*-48 Month Kids CD
OTHER TIERS: 0.60% $500 - $100k
0.60%*$100k*-42 Month CD
OTHER TIERS: 0.50% $1k - $100k
0.60%*$100k*-36 Month CD
OTHER TIERS: 0.50% $1k - $100k
0.60%*$100k*-36 Month Kids CD
OTHER TIERS: 0.50% $500 - $100k
0.60%*$100k*-42 Month Kids CD
OTHER TIERS: 0.50% $500 - $100k
0.50%*$100k*-30 Month CD
OTHER TIERS: 0.40% $1k - $100k
0.50%*$100k*-24 Month CD
OTHER TIERS: 0.40% $1k - $100k
0.50%*$100k*-18 Month CD
OTHER TIERS: 0.40% $1k - $100k
0.50%*$100k*-12 Month CD
OTHER TIERS: 0.40% $1k - $100k
0.50%*$100k*-12 Month Kids CD
OTHER TIERS: 0.40% $500 - $100k
0.50%*$100k*-18 Month Kids CD
OTHER TIERS: 0.40% $500 - $100k
0.50%*$100k*-24 Month Kids CD
OTHER TIERS: 0.40% $500 - $100k
0.50%*$100k*-30 Month Kids CD
OTHER TIERS: 0.40% $500 - $100k
0.40%*$100k*-182 Day CD
OTHER TIERS: 0.30% $1k - $100k
0.40%*$100k*-182 Day Kids CD
OTHER TIERS: 0.30% $500 - $100k
0.15%$1k-91 Day CD
0.15%$500-91 Day Kids CD
Locations


FreedomBank Locations
Monona Office Branch106 South Main StreetMonona, IA 52159
Postville Office Branch135 West TildenPostville, IA 52162
Freedombank210 South MainElkader, 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.