Freedom Bank

530 9th Street West
Columbia Falls, MT 59912


General Bank Information

FDIC Insured Yes
FDIC Certificate # 58010
Date Established 2005
Assets $0.07 billion
Loans $0.06 billion
Deposits $0.06 billion
Capital $0.01 billion

Freedom Bank is an FDIC insured institution located in Columbia Falls, MT. It was founded in 2005 and has approximately $0.07 billion in assets.

For a more detailed analysis of Freedom Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Freedom Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Montana, Freedom Bank has a significantly higher percent of Commercial Real Estate, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 23.53
Credit Card Loans 0.00
Consumer Auto Loans 1.00
Small Business Loans 0.00
Construction and Development Loans 11.58
Commercial Real Estate 38.65
Commercial and Industrial Loans 23.04
Farm Loans 1.34

Deposit Rates

Your Current Location: Virginia, VA 20146

0.60% $10,000 $250,000 Learn MoreShow Less
Savings Rates APY MIN MAX
1.20% $500 $250,000 Learn MoreShow Less
0.25% $1,500 $4,999 Learn MoreShow Less
0.50% $5,000 $24,999 Learn MoreShow Less
1.10% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.10% $1,500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Freedom Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Learn More
Flagstar Bank, FSB
NMLS ID: 417490
4.553% 4.500% 0.25 $1,565 $1,267 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462
4.439% 4.375% 0.25 $1,898 $1,249 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.448% 4.375% 0.38 $2,170 $1,249 Learn More NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.279% 4.250% 0.00 $960 $1,230 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.740% $231.27 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Freedom Bank
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Freedom Bank Locations

Financial Details

Freedom Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Freedom Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Freedom Bank U.S. Bank Average
5.02% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, Freedom Bank had $421,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,305,000 in equity and $1,085,000 in loans loss reserves. That gives it a Texas Ratio of 5.02%.

Return on Equity
Freedom Bank U.S. Bank Average
16.85% 8.84%

Freedom Bank has a Return on Equity of 16.85% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Freedom Bank U.S. Bank Average
10.18% 12.21%

Freedom Bank has a Capitalization of 10.18% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Freedom Bank Balance Sheet Analysis

As of September 30, 2017, Freedom Bank had assets of $71,790,000, loans of $59,475,000, and deposits of $62,338,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Freedom Bank

Branches and Savings

Is Freedom Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58010.

Why does Freedom Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Freedom Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Freedom Bank a commercial bank?


Where are Freedom Bank locations?

See branch locations nearby.

Is Freedom Bank open on Saturdays?

Is Freedom Bank open on Sundays?

What time does Freedom Bank open?

What time does Freedom Bank close?

Are Freedom Bank ATMs Open 24/7?

Do Freedom Bank ATMs accept cash deposits?

Can Freedom Bank customers use other ATMs?

Do Freedom Bank branches have notaries?

Will Freedom Bank notarize my document?

What address for Freedom Bank should I put for incoming ACH transfers?

Will the Freedom Bank branch print checks?

Do Freedom Bank checks expire?

Does Freedom Bank require US citizenship to open account?

Can Freedom Bank close my account?

Does Freedom Bank Report to credit bureaus?

Does Freedom Bank Use Equifax?

What is Freedom Bank's ACH Routing Number?

What is Freedom Bank's SWIFT code?


Does Freedom Bank offer mortgages?

Compare mortgage rates here.

Does Freedom Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Freedom Bank offer personal loans?

Compare personal loan rates here.

Does Freedom Bank offer student loans?

Will Freedom Bank cash a check?

Will Freedom Bank redeem a savings bond?

Does Freedom Bank cash savings bonds?

Will Freedom Bank cash money orders?

Can Freedom Bank issue a money order?

Does Freedom Bank do currency exchange?

Background on The Bank

Who owns Freedom Bank?

How long has Freedom Bank been around?

Can Freedom Bank transfer to other banks?

Does Freedom Bank have quick pay?

Does Freedom Bank accept rolled coins?

Will Freedom Bank accept loose change?

Where is Freedom Bank headquarters?

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