Headquartered in Belington, West Virginia, Freedom Bank, Inc. is a state-chartered bank with $429.7M in total assets and $380.4M in deposits as of Q2 2026. It operates 9 offices. Its charter dates back to 1939.
Based on its Q2 2026 filing, Freedom Bank, Inc. scores 78/100, which we describe as strong. That is higher than 72% of 2,650 banks with $100 million – $1 billion. Among 40 banks headquartered in West Virginia, it ranks 11th. Its strongest component is problem-loan coverage (95/100; 2.3%), and its lowest is capital cushion (64/100; 11.40%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (79 → 78).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 70 |
| Q3 2024 | 68 |
| Q4 2024 | 74 |
| Q1 2025 | 71 |
| Q2 2025 | 79 |
| Q3 2025 | 80 |
| Q4 2025 | 83 |
| Q1 2026 | 78 |
| Q2 2026 | 78 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.48% |
| Q3 2024 | 10.73% |
| Q4 2024 | 11.31% |
| Q1 2025 | 11.68% |
| Q2 2025 | 11.95% |
| Q3 2025 | 12.11% |
| Q4 2025 | 11.17% |
| Q1 2026 | 11.37% |
| Q2 2026 | 11.40% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.64% |
| Q3 2024 | 0.88% |
| Q4 2024 | 0.52% |
| Q1 2025 | 1.00% |
| Q2 2025 | 0.33% |
| Q3 2025 | 0.28% |
| Q4 2025 | 0.28% |
| Q1 2026 | 0.32% |
| Q2 2026 | 0.36% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.91% |
| Q3 2024 | 0.91% |
| Q4 2024 | 0.98% |
| Q1 2025 | 1.00% |
| Q2 2025 | 1.04% |
| Q3 2025 | 1.04% |
| Q4 2025 | 2.03% |
| Q1 2026 | 1.31% |
| Q2 2026 | 1.48% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 78 | $429.7M | 11.40% | 0.36% | 1.48% | 81.5% |
| Q1 2026 | 78 | $420.3M | 11.37% | 0.32% | 1.31% | 79.6% |
| Q4 2025 | 83 | $422.3M | 11.17% | 0.28% | 2.03% | 78.3% |
| Q3 2025 | 80 | $207.4M | 12.11% | 0.28% | 1.04% | 65.8% |
| Q2 2025 | 79 | $205.9M | 11.95% | 0.33% | 1.04% | 67.4% |
| Q1 2025 | 71 | $208.7M | 11.68% | 1.00% | 1.00% | 68.5% |
| Q4 2024 | 74 | $202.4M | 11.31% | 0.52% | 0.98% | 71.4% |
| Q3 2024 | 68 | $210.4M | 10.73% | 0.88% | 0.91% | 71.6% |
| Q2 2024 | 70 | $213.2M | 10.48% | 0.64% | 0.91% | 70.7% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in West Virginia
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Highlands BankBank Petersburg, WV | 69 out of 100, Moderate | $407.1M | 11.0% | 0.91% | vs |
| First Exchange BankBank White Hall, WV | 49 out of 100, Below average | $391.1M | 9.0% | 2.10% | vs |
| The Bank of RomneyBank Romney, WV | 74 out of 100, Strong | $368.8M | 16.0% | 1.73% | vs |
| Logan Bank & Trust CompanyBank Logan, WV | 85 out of 100, Very strong | $359.2M | 11.7% | 0.45% | vs |
| MCNB Bank and Trust Co.Bank Welch, WV | 50 out of 100, Below average | $356.5M | 12.3% | 3.22% | vs |
| Hancock County Savings Bank, F.S.B.Bank Chester, WV | 79 out of 100, Strong | $508.0M | 18.4% | 0.63% | vs |
Deposit insurance
Is my money safe at Freedom Bank, Inc.?
Yes. Freedom Bank, Inc. is an FDIC-insured institution (FDIC certificate #15664). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 13.2% of deposits ($50.3M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 11.40%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
9 locations
Branches
Freedom Bank, Inc. lists 9 offices in 8 cities. Most locations:
- Philippi, WV (2)
- Belington, WV (1)
- Bridgeport, WV (1)
- Buckhannon, WV (1)
- Elkins, WV (1)
- Fairmont, WV (1)
- Farmington, WV (1)
- Nutter Fort, WV (1)
Identity & history
Profile
- Legal name
- Freedom Bank, Inc.
- Former names
- Belington Bank
- Type
- State-chartered bank
- FDIC certificate #
- 15664
- RSSD ID
- 629522
- Primary regulator
- FDIC
- Holding company
- Freedom Bancshares Inc
- Established
- May 10, 1939
- Headquarters
- 20 N Crim Ave, Belington, WV 26250
- Website
- www.freedombankwv.com
- Employees
- 84
Quick answers
Freedom Bank, Inc.: common questions
Is Freedom Bank, Inc. FDIC insured?
Yes. Freedom Bank, Inc. is an FDIC-insured institution (FDIC certificate #15664). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Freedom Bank, Inc.'s TellerScore?
78 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Freedom Bank, Inc. ever failed?
There is no failure record for FDIC certificate #15664 in the FDIC failed bank list.
How many branches does Freedom Bank, Inc. have?
9 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Belington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Hope Federal Credit UnionCredit union Bridgeport, WV | 89 out of 100, Very strong | $43.3M | 19.9% | 0.38% | vs |
| Mountain Valley Bank, N.A.Bank Elkins, WV | 87 out of 100, Very strong | $201.9M | 13.6% | 0.19% | vs |
| City National Bank of West VirginiaBank Charleston, WV | 78 out of 100, Strong | $6.8B | 9.6% | 0.22% | vs |
| First Community BankBank Bluefield, VA | 75 out of 100, Strong | $3.6B | 10.2% | 0.70% | vs |
| Citizens Bank of West Virginia, Inc.Bank Elkins, WV | 74 out of 100, Strong | $772.5M | 10.0% | 0.58% | vs |
| United Hospital Center Federal Credit UnionCredit union Bridgeport, WV | 74 out of 100, Strong | $13.2M | 22.4% | 1.95% | vs |