The Freedom Bank of Virginia is headquartered in Fairfax and is the 31st largest bank in the state of Virginia. It is also the 1,118th largest bank in the nation. It was established in 2001 and as of March of 2022, it had grown to 98 employees at 5 locations. The Freedom Bank of Virginia has an A health rating.
Overall | |
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FDIC Certificate # | 57184 |
Year Established | 2001 |
Employees | 98 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.39% |
Return on Equity - YTD | 12.09% |
Annual Interest Income | $8.3MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $863.0MM$871.0MM |
Loans | Q1 2022vs Q1 2021 | $598.3MM$640.9MM |
Deposits | Q1 2022vs Q1 2021 | $715.4MM$627.1MM |
Equity Capital | Q1 2022vs Q1 2021 | $98.4MM$75.6MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $6.7MM$5.5MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $8.8MM$2.5MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Personal Savings | |
0.10% | - | - | Senior Savings | |
0.10% | - | - | Business Savings | |
0.10% | - | - | Student/Minor Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Freedom Interest Checking | |
0.05% | - | - | Business Interest Checking | |
0.05% | - | - | Attorney IOLTA Accounts |
The Freedom Bank of Virginia Locations | ||
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The Freedom Bank Of Virginia | 10555 Main Street | Fairfax, VA 22030 |
Reston Branch | 11700 Plaza America Drive | Reston, VA 20190 |
Maple Ave Branch | 502 Maple Ave West | Vienna, VA 22180 |
Chantilly Branch | 4500 Daly Dr | Chantilly, VA 20151 |
Manassas Branch | 10611 Balls Ford Road, Suite 110 | Manassas, VA 20109 |