FreedomBank
Headquartered in Elkader, IA. Part of Freedombank Shares, Inc. Employee Stock Ownership Plan. FDIC certificate #11767 · Federal Reserve RSSD 652043.
Total assets
$440M
Deposits
$376M
Q1 2026
Active branches
4
Closings since Jan 2020
1
0 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$1M
Return on assets
1.32%
Return on equity
12.37%
Noncurrent loan rate
0.52%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
Values in $ billions, June 30 of each year.
Closings by year
12024
Branches by state
Recent closings
- FreedomBank — Decorah, IAbank exits city1798 OLD STAGE RD · closed January 31, 2024
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.freedombnk.com.