The Freedom Bank of Virginia

Overview / Commentary
10555 Main Street
Fairfax, VA 22030

The Freedom Bank of Virginia is headquartered in Fairfax and is the 36th largest bank in the state of Virginia. It is also the 1,215th largest bank in the nation. It was established in 2001 and as of June of 2020, it had grown to 77 employees at 4 locations. The Freedom Bank of Virginia has an A health rating.


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Health Grade Components

FDIC Certificate #57184
Year Established2001
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD7.24%
Annual Interest Income$12.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$697.7MM$489.9MM
LoansQ2 2020vs Q2 2019$540.3MM$398.7MM
DepositsQ2 2020vs Q2 2019$487.9MM$398.4MM
Equity CapitalQ2 2020vs Q2 2019$67.6MM$61.3MM
Loan Loss AllowanceQ2 2020vs Q2 2019$5.2MM$4.4MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$4.1MM$3.2MM
Real Estate OwnedQ2 2020vs Q2 2019$0$0
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Always verify rates and promotions with the bank or credit union. We are not The Freedom Bank of Virginia; 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.

The Freedom Bank of Virginia Savings Account Rates

0.20%*$100k*-Investment IRA
OTHER TIERS: 0.05% $500 - $10k | 0.15% $10k - $100k
0.10%--Personal Savings
0.10%--Senior Savings
0.10%--Business Savings
0.10%--Student/Minor Savings

The Freedom Bank of Virginia Money Market Rates

0.20%*$100k*-Personal Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.15% $50k - $100k
0.20%*$50k*-Business Money Market Checking
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k

The Freedom Bank of Virginia Checking Account Rates

0.05%--Freedom Interest Checking
0.05%--Business Interest Checking
0.05%--Attorney IOLTA Accounts

The Freedom Bank of Virginia CD Rates

0.80%$500-60 Month CD
0.75%$500$99k48 Month CD
0.65%$500$99k36 Month CD
0.50%$500$99k24 Month CD
0.45%$500-18 Month CD
0.40%$500$99k12 Month CD
0.20%$500-6 Month CD
0.15%$500-7 Day to 1 Month CD
0.15%$500-3 Month CD

The Freedom Bank of Virginia IRA Rates

0.80%$500-60 Month IRA
0.75%$500-48 Month IRA
0.65%$500-36 Month IRA
0.50%$500-24 Month IRA
0.50%$500-24 Month Multiple Deposit IRA
0.45%$500-18 Month IRA
0.40%$500-12 Month IRA
0.40%$500-12 Month Multiple Deposit IRA
0.20%$500-6 Month IRA
0.15%$500-3 Month IRA

The Freedom Bank of Virginia Locations
The Freedom Bank Of Virginia10555 Main StreetFairfax, VA 22030
Reston Branch11700 Plaza America DriveReston, VA 20190
Maple Ave Branch502 Maple Ave WestVienna, VA 22180
Chantilly Branch4500 Daly DrChantilly, VA 20151
Manassas Branch10611 Balls Ford Road, Suite 110Manassas, VA 20109

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