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Inside Freedom Bank

Resource Center

Freedom 24

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Member FDIC - Equal Housing Lender



  Business Banking

 

 

Checking

 

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Business Checking |  Business Non-Profit Checking |  Business/Corporate Analysis | 

 

 

  Business Checking

 

  • $50.00 minimum opening deposit
  • No monthly maintenance fee if average daily balance of $1,500.00 is maintained
  • No charge for the first 200 checks and 200 deposited items processed
  • Monthly statement with images

 

 

  Business Non-Profit Checking

 

  • $50.00 minimum opening deposit
  • No monthly service charges
  • Up to 50 checks or deposit items processed at no charge
  • Monthly statement with images

 

 

  Business/Corporate Analysis

 

  • $50.00 minimum opening deposit
  • Analyzed monthly
  • Earnings credit allowance calculated based on your daily average checking balance
  • If earnings credit is in excess of cumulative charges, no monthly maintenance fees apply
  • Monthly statement with images

 

 

  Business Interest Checking

 

  • $50.00 minimum opening deposit
  • Interest-bearing account
  • No monthly maintenance fee if average daily balance of $2,500.00 is maintained
  • Monthly statement with images

 

 

  Business Money Market Checking

 

  • $200.00 minimum opening deposit
  • Interest-bearing account
  • No monthly maintenance fee if average daily balance of $2,500.00 is maintained
  • Monthly statement with images
  • Limited check writing

 

 

  Savings

 

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  Business Savings

 

  • $25.00 minimum opening deposit
  • Interest-bearing account
  • No monthly maintenance fee if average daily balance of $200.00 is maintained
  • Quarterly statement

 

 

  Cash Management

 

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  Repurchase Agreements

 

  • Interest-bearing account
  • Must maintain $100,000.00 in non interest-bearing account
  • Not FDIC insured

 

 

  Certificates of Deposit

 

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  • Competitive interest rates and terms
  • FDIC insured investment
  • $500.00 minimum opening deposit

 

 

  Commercial Lending

 

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Business Installment Loans |  Commercial Line of Credit |  Commercial Real Estate Mortgages | 

 

 

  Business Installment Loans

 

Freedom Bank offers business installment loans at both variable and fixed rates. Whether you're purchasing equipment, renovating your premise or have any other business needs, one of Freedom Bank's business installment loans will be right for you.

 

 

  Commercial Line of Credit

 

Need working capital? Freedom Bank commercial line of credit can meet your working capital needs. Freedom Bank offers flexible terms that will fit your business.

 

 

  Commercial Real Estate Mortgages

 

Multi-family, Mixed Use, Commercial Properties or Construction financing, Freedom Bank can do it all. We will custom fit your needs to ensure that the Freedom Bank Commercial Real Estate Mortgage you select will be the perfect mortgage for your business.

 

 

  Small Business Administration (SBA) Loans

 

Designated as a certified lender by the United States Federal Government's Small Business Administration Lending Program, Freedom Bank is able to offer all SBA lending programs to help your business.



Please contact a Lending Officer at (703) 242-5300 for all your commercial needs.

 

 

  Online Banking

 

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With Freedom Direct Online Banking, you have access to your accounts 24 hours a day - seven days a week and can do the following:

  • Review balances and transactions on your Freedom Bank accounts
  • Transfer funds between your Freedom Bank accounts
  • View up to 60 days of deposit account history



For more information or to sign-up for Business Online Banking, please contact us at (703) 242-5300