The Freedom Bank of Virginia is headquartered in Fairfax and is the 34th largest bank in the state of Virginia. It is also the 1,150th largest bank in the nation. It was established in 2001 and as of September of 2020, it had grown to 78 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 | 78 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.06% |
Return on Equity - YTD | 9.88% |
Annual Interest Income | $19.1MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $751.6MM$507.4MM |
Loans | Q3 2020vs Q3 2019 | $566.9MM$415.7MM |
Deposits | Q3 2020vs Q3 2019 | $534.9MM$396.7MM |
Equity Capital | Q3 2020vs Q3 2019 | $70.5MM$63.2MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $5.2MM$4.5MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $3.7MM$2.8MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $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 |