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BankSonar

Freedom Bank

Maywood, NJ · State, non-member commercial bank

54

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
$856.1M
Total deposits
$730M
Branches
5
Return on assets
0.79%
Return on equity
8.16%
Charter type
State, non-member commercial bank
Established
2008
FDIC cert #
58712

How the 54 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Freedom Bank

Freedom Bank is an FDIC-insured institution (Cert #58712). 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 →

5 branch locations

99 W Essex St

Maywood, NJ 07607

6812 Park Ave

Guttenberg, NJ 07093

375 Route 17

Ridgewood, NJ 07450

380 Route 17

Mahwah, NJ 07430

150 Route 17

East Rutherford, NJ 07073

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