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Freedom Bank

Huntingburg, IN · Est. 1999 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Freedom Bank is a bank based in Huntingburg, Indiana, established in 1999, with $584 million in total assets across 4 branches. By Trust Grade it ranks 15th of 89 banks we track in Indiana. Its capital ratio of 11.7% is stronger than 70% of similarly sized banks, versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 2.24% return on assets. No consumer complaints against Freedom Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$583.7M
$100M–1B institution
Deposits
$504.5M
Branches
4
Capital ratio
11.7%
Top 30% of $100M–1B peers · Indiana median 9.6%
Return on assets
2.2%
Top 8% of $100M–1B peers · Indiana median 1.05%
Rank in Indiana
#15
of 89 banks

How Freedom Bank compares to Indiana peers

Capital ratio
Top 30% of $100M–1B peers
Freedom Bank
11.7%
Indiana median
9.6%
Higher capital ratio = stronger financial cushion
Return on assets
Top 8% of $100M–1B peers
Freedom Bank
2.2%
Indiana median
1.1%
Higher ROA = more profitable relative to asset base

How we graded Freedom Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (11.7% capital ratio)
  • Strongly profitable (ROA 2.24%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Freedom Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (4)

  • 10 E Medcalf St, Dale, IN 47523
  • 75 South Us 231, Jasper, IN 47546
  • 2596 Ridgeway Dr, Rockport, IN 47635
  • 1405 N Main St, Huntingburg, IN 47542

Are deposits at Freedom Bank insured?

Yes. Freedom Bank is an FDIC-insured bank (FDIC certificate #35221). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Freedom Bank: frequently asked questions

Is Freedom Bank a good bank?

Freedom Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.7% capital ratio); Strongly profitable (ROA 2.24%).

Is Freedom Bank FDIC-insured?

Yes. Freedom Bank is a FDIC-insured bank (FDIC certificate #35221). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Freedom Bank?

Freedom Bank holds $584 million in total assets, ranking 15th of 89 banks we track in Indiana. It operates 4 branches.

Does Freedom Bank have CFPB complaints?

No CFPB complaints against Freedom Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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