Is Freedom Bank a local bank?
That’s Freedom. We are a locally owned and operated community bank, serving Dubois, Spencer, and surrounding counties. Our friendly tellers, experienced lenders, and competitive rates are just a few things that set us apart from the other banks. You are in control of your own banking hours with around-the-clock access.
How much does it cost to open a bank account at Freedom Bank?
$50 minimum deposit is required to open the account. Contact one of our Freedom Bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC.
What is Freedom banking?
A straightforward banking solution Freedom Banking offers you the chance to establish an account even if past mistakes have made it difficult for you to do so before. You’ll have easy access to your money with a free debit card and unlimited debit card use at no charge, instead of receiving checks.
What happened Freedom National Bank?
Freedom National failed in 1990 during a recession as it faced loan defaults and internal division. When it was shut down, Freedom National had $101.9 million in assets, two branches in Brooklyn, 22,000 depositors, and 97 employees. The bank had also struggled in the mid-1970s but was able to return to profitability.
What is Freedom Savings Account?
Freedom Savings Account. Easy-access savings with a great rate – the Freedom Savings Account lets you capture all life’s best moments. With unlimited access and a seven-day service, you’re free to make the most of your time – and your savings. APPLY NOW. Easy access : 0.70% AER gross variable.
How can I transfer money from UBA to saving account?
Hi, to migrate or opt out from UBA bumper account to back to your normal savings account, simply, dial *919*20*1# from your registered phone number linked to your account, and select your account number by typing 1, and press ok or send. You will receive a pop-up or prompt.
What is a Freedom account?
If you need help budgeting or would like a debit card that you can’t overdraw, then our Freedom+ account is the one for you! Like a checking account, you get a debit card that you can use in stores and at ATMs, but like a savings account, it’s virtually overdraft proof – you can only use money that’s in your account.
What are black owned banks?
Black-owned banks are those where at least half of the voting stock is owned by Black Americans. Black-led banks are those where the majority of the board of directors are Black and the bank primarily serves Black communities.
Did Jackie Robinson own a bank?
In 1964, Robinson co-founded Freedom National Bank of Harlem, a Black owned and operated bank created for the express purpose of financially aiding African American communities. In 1970, he founded the Jackie Robinson Construction Company, which sought to provide housing for low-income people.
How much can zenith savings account hold?
Features and Benefits: Maximum daily account balance limit of N300,000 and withdrawals in multiples of N20,000.
What is the maximum amount in a UBA student account?
N50, 000
Maximum single deposit of N50, 000.