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BankSonar

FreedomBank

Elkader, IA · State, non-member commercial bank

64

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$439.8M
Total deposits
$375.8M
Branches
4
Return on assets
1.32%
Return on equity
12.37%
Charter type
State, non-member commercial bank
Established
1903
FDIC cert #
11767

How the 64 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at FreedomBank

FreedomBank is an FDIC-insured institution (Cert #11767). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

4 branch locations

135 W Tilden St

Postville, IA 52162

201 W Main St

Waukon, IA 52172

106 S Main St

Monona, IA 52159

210 S Main St

Elkader, IA 52043

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