Savings

Savings


Regular Savings

This savings account features a variable interest rate with no minimum balance requirement. Interest is credited quarterly with imaged statements mailed quarterly. Withdrawals are limited to six per quarter to avoid a service charge. ATM and electronic transfers are unlimited. This account is available to individuals, sole proprietors, partnerships, corporations, and organizations.


Money Market Checking

This interest-bearing account features limited check writing and withdrawals per Federal regulations. Premium rates are earned on tiered balances ranging from $2,500 to $50,000, and interest is credited monthly. This account is available to individuals, sole proprietors, partnerships, corporations, and organizations.


Certificates of Deposit

Certificates of Deposit (CDs) are available with a minimum deposit of $500.00 and terms from seven days to ten years. Fixed and variable rate CDs are available. Early withdrawal penalties apply.


Individual Retirement Accounts

Individual Retirements Accounts (IRAs) are available to anyone with earned income and not yet age 70 ½. Education IRAs and Roth IRAs are also available with the same investment requirements as the traditional IRAs. Fixed rate terms range from one to ten years. A variable rate IRA Money Market account is also available. Bank and government penalties apply if withdrawing from the IRA prior to age 59 ½ and prior to the maturity date of the investment. The minimum deposit to open an IRA is $1.00.

Brochures are available in the lobby of each Freedom Bank location detailing the government rules and regulations.


Savings Bonds

You may visit any Freedom Bank location to redeem Savings Bonds.


Centervoice - 877.472.9282

CenterVoice allows toll-free access to your accounts 24 hours a day, 7 days a week. Many of your inquiries can be handled by this voice-response system without human intervention. Calling from any touch-tone phone in the continental United States, you can access your account information and transfer funds between accounts with the upmost in privacy and confidentiality.