FreedomBank
- Bank Name:FreedomBank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #11767
- Routing Number:ACH & Wire - 073913218
- Locations:5 Branches in Iowa
- Web Address:freedombnk.com
FreedomBank Information
FreedomBank was founded in January 1903 and is based in Elkader, Iowa. The bank operates as a subsidiary of Freedombank Shares, Inc. Employee Stock Ownership Plan. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, FreedomBank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. FreedomBank is a FDIC-insured bank with certificate number of 11767. The assigned Fed RSSD ID of FreedomBank is 652043.
FreedomBank currently operates with 5 branches located in Iowa. FreedomBank is the 73rd largest bank in Iowa. The bank does not have any offices outside Iowa.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for FreedomBank is 073913218. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 210 South Main, Elkader, IA 52043. You can visit the official website of the bank at https://www.freedombnk.com for more information and online banking service if available. For a comprehensive list of FreedomBank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In Iowa
History Of FreedomBank
FreedomBank is a financial institution based in Iowa that was established in 1903, originally named Farmersburg Savings Bank. Over the years, the bank underwent several name changes and acquisitions. In 1976, it changed its name to Farmersburg Savings Bank and expanded its services by acquiring full trust powers. In 1978, the main office moved to 210 South Main in Elkader, Iowa, and the institution was renamed Peoples State Bank. In 2006, the bank once again rebranded itself, adopting the name FreedomBank. That same year, it expanded its operations by acquiring Union State Bank located in Monona, Iowa, and Postville State Bank in Postville, Iowa. Most recently, on April 1, 2019, FreedomBank acquired Farmers and Merchants Savings Bank based in Waukon, Iowa. Throughout its history, FreedomBank has focused on growth through strategic acquisitions and community banking.
Below is a list of some important events in bank's history, including mergers and acquisitions.
04-01-2019Acquired Farmers and Merchants Savings Bank in Waukon, IA.
04-03-2006Changed Institution Name to FreedomBank.
03-31-2006Acquired Postville State Bank in Postville, IA.
03-31-2006Acquired Union State Bank in Monona, IA.
03-31-2006Changed Institution Name to Freedom Bank.
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