FreedomBank
✓ FDIC-insured · Active FDIC Certificate #11767
FreedomBank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Elkader, Iowa, established in 1903. As of the 06/30/2026 FDIC call report, it reported $434M in total assets and $368M in deposits. FDIC location data lists 4 offices in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company FREEDOMBANK SHARES EMPLOYEE STK OWNERSHIP PLAN (Elkader, IA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 4 of FreedomBank's FDIC-listed offices are in Iowa. Browse banks in Elkader for other local options.
Branch locations
| FreedomBank Postville Office Branch · Full Service - Brick And Mortar | 135 W Tilden St Postville, IA 52162 Map ↗ |
| FreedomBank Waukon Branch · Full Service - Brick And Mortar | 201 W Main St Waukon, IA 52172 Map ↗ |
| FreedomBank Monona Office Branch · Full Service - Brick And Mortar | 106 S Main St Monona, IA 52159 Map ↗ |
| FreedomBank Freedombank · Full Service - Brick And Mortar | 210 S Main St Elkader, IA 52043 Map ↗ |
Holding company: FREEDOMBANK SHARES EMPLOYEE STK OWNERSHIP PLAN
The FDIC lists FREEDOMBANK SHARES EMPLOYEE STK OWNERSHIP PLAN, based in Elkader, IA, as the top holding company for FreedomBank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Iowa
Active FDIC-insured banks headquartered in Iowa with total assets closest to FreedomBank's $434M. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Iowa Trust & Savings Bank | Emmetsburg | $522M | 4 |
| Ohnward Bank & Trust | Cascade | $499M | 6 |
| Grinnell State Bank | Grinnell | $499M | 4 |
| TruBank | Indianola | $495M | 8 |
| Security State Bank | Sutherland | $492M | 5 |
| Raccoon Valley Bank | Perry | $486M | 4 |
| Rolling Hills Bank & Trust | Atlantic | $484M | 12 |
| American Bank and Trust Company, National Association | Davenport | $481M | 8 |
FreedomBank: common questions
Is FreedomBank FDIC-insured?
Yes. FreedomBank is an active FDIC-insured institution, FDIC Certificate #11767. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is FreedomBank headquartered?
FreedomBank is headquartered at 210 S Main St, Elkader, IA 52043, according to FDIC records.
How many branches does FreedomBank have?
FDIC location data lists 4 offices for FreedomBank, all in Iowa.
Who owns FreedomBank?
The FDIC lists FREEDOMBANK SHARES EMPLOYEE STK OWNERSHIP PLAN of Elkader, IA as the top holding company for FreedomBank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.