FREEDOMBANK HISTORY

  • Bank Name:FreedomBank
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #11767
  • Locations:5 Branches in Iowa

FreedomBank was founded on January 1, 1903 and has been serving the financial needs of their customers for over 121 years.

FreedomBank currently operates with 5 branches located in Iowa as a subsidiary of Freedombank Shares, Inc. Employee Stock Ownership Plan. Check below for important events in banks history.

IMPORTANT EVENTS IN BANKS HISTORY

Below is a list of some important events in the history of FreedomBank, including mergers and acquisitions.

DATEEVENT

01-01-1903Institution established. Original name: Farmersburg Savings Bank.

03-15-1976Changed Institution Name to Farmersburg Savings Bank.

03-15-1976Changed Trust Powers to Full

01-03-1978Changed Institution Name to Peoples State Bank.

01-03-1978Main Office moved to 210 South Main, Elkader, IA 52043.

03-31-2006Changed Institution Name to Freedom Bank.

03-31-2006Acquired Union State Bank (5799) in Monona, IA.

03-31-2006Acquired Postville State Bank (213) in Postville, IA.

04-03-2006Changed Institution Name to FreedomBank.

04-01-2019Acquired Farmers and Merchants Savings Bank (255) in Waukon, IA.

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
201 West Main Street, Waukon, IA 52172
210 South Main, Elkader, IA 52043
106 South Main Street, Monona, IA 52159
1798 Old Stage Road, Decorah, IA 52101
135 West Tilden, Postville, IA 52162
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