Bank · FDIC insured
FreedomBank Savings Rates
FreedomBank’s best savings rate is 0.10% APY on $10,000, with its FreedomBank Money Market. Rates checked October 16, 2026.
How FreedomBank’s savings rates compare
Compared with banks and credit unions in Iowa, where FreedomBank has the most branches. $10,000, best rate first.
This bank’s best
FreedomBank
0.10%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $10
FreedomBank Money Market
Top rate
Employees Credit Union
3.82%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $381
2nd-highest rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
FreedomBank savings score
65
Savings score
Higher than 15% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.25%
- QualifiedQualified0.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where FreedomBank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
FreedomBank Money Market
0.10%APY
$5 monthly service charge for average current balance less than $5,000. $10 per debit item fee over 6 debits.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000$5 monthly service charge for average current balance less than $5,000. | 0.05% | — | $5 monthly service charge for average current balance less than $5,000. |
| $5,000 – $50,000$5 monthly service charge waived when average current balance is $5,000 or more. | 0.10% | $10 | $5 monthly service charge waived when average current balance is $5,000 or more. |
| $50,000 – $100,000$5 monthly service charge waived when average current balance is $5,000 or more. | 0.15% | — | $5 monthly service charge waived when average current balance is $5,000 or more. |
| $100,000 – $250,000$5 monthly service charge waived when average current balance is $5,000 or more. | 0.25% | — | $5 monthly service charge waived when average current balance is $5,000 or more. |
| $250,000 and up$5 monthly service charge waived when average current balance is $5,000 or more. | 0.40% | — | $5 monthly service charge waived when average current balance is $5,000 or more. |
Sources (1)
- freedombnk.com/Pages/depositrates.html · captured Sep 18, 2026
Savings Account
0.10%APY
No service charge for customers under age 26. First 6 debits are free. Interest paid monthly or quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFirst 6 debits are free. No service charge for customers under age 26.Any balance | 0.10% | $10 | First 6 debits are free. No service charge for customers under age 26. |
Sources (2)
All captured Sep 18, 2026
Special-purpose accounts
Health Savings Account
0.10%APY
Used for medical related expenses according to tax laws. $3 monthly administrative fee waived with $500 average balance. Interest based on average daily balance.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $500$3 monthly administrative fee applies when average balance is less than $500. | 0.05% | — | $3 monthly administrative fee applies when average balance is less than $500. |
| $500 – $10,000$3 monthly administrative fee waived for average balance of $500 or more. | 0.05% | — | $3 monthly administrative fee waived for average balance of $500 or more. |
| $10,000 and up$3 monthly administrative fee waived for average balance of $500 or more. | 0.10% | $10 | $3 monthly administrative fee waived for average balance of $500 or more. |
Sources (2)
All captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.