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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