Freedom Bank, Inc. is a bank based in Belington, West Virginia, established in 1939, with $420 million in total assets across 10 branches. By Trust Grade it ranks 3rd of 41 banks we track in West Virginia. Its capital ratio of 10.7% is stronger than 59% of similarly sized banks, versus a West Virginia median of 10.1%. It was profitable over the most recent period, with a 1.31% return on assets. No consumer complaints against Freedom Bank, Inc. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Freedom Bank, Inc. compares to West Virginia peers
How we graded Freedom Bank, Inc.
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.7% capital ratio)
- Strongly profitable (ROA 1.31%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Freedom Bank, Inc. over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 27 Pike St, Philippi, WV 26416
- 435 Beverly Pike, Elkins, WV 26241
- 625 W Main St, Bridgeport, WV 26330
- 302 Rr 20, South Road, Buckhannon, WV 26201
- 124 S Main St, Philippi, WV 26416
- 1105 Buckhannon Pike, Nutter Fort, WV 26301
- 936 E Park Ave, Fairmont, WV 26554
- 4 Northridge Dr, Buckhannon, WV 26201
- 3300 Husky Hwy, Farmington, WV 26571
- 20 N Crim Ave, Belington, WV 26250
Are deposits at Freedom Bank, Inc. insured?
Yes. Freedom Bank, Inc. is an FDIC-insured bank (FDIC certificate #15664). 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, Inc.: frequently asked questions
Is Freedom Bank, Inc. a good bank?
Freedom Bank, Inc. 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 (10.7% capital ratio); Strongly profitable (ROA 1.31%).
Is Freedom Bank, Inc. FDIC-insured?
Yes. Freedom Bank, Inc. is a FDIC-insured bank (FDIC certificate #15664). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Freedom Bank, Inc.?
Freedom Bank, Inc. holds $420 million in total assets, ranking 3rd of 41 banks we track in West Virginia. It operates 10 branches.
Does Freedom Bank, Inc. have CFPB complaints?
No CFPB complaints against Freedom Bank, Inc. 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.
