Bank · FDIC insured
The Freedom Bank of Virginia Savings Rates
The Freedom Bank of Virginia’s best savings rate is 3.25% APY on $10,000, with its Welcome2Freedom High-Yield Money Market. Rates checked October 22, 2026.
How The Freedom Bank of Virginia’s savings rates compare
Compared with banks and credit unions near Washington, DC-VA-MD-WV, where The Freedom Bank of Virginia has the most branches. $10,000, best rate first.
This bank’s best
The Freedom Bank of Virginia
3.25%APY
- Requires
- None
- Minimum
- $500
- Earns on $10,000 a year
- $325
Welcome2Freedom High-Yield Money Market
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
The Freedom Bank of Virginia savings score
94
Savings score
Higher than 96% of U.S. banks and credit unions
- $1,000 balance$1,0000.25%
- $10,000 balance$10,0003.25%
- $100,000 balance$100,0003.25%
- QualifiedQualified3.25%
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 The Freedom Bank of Virginia 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.
Welcome2Freedom High-Yield Money Market
3.25%APY
Minimum opening deposit of $500. $25.00 monthly fee if the balance falls below $2,500.00. New Money Only. Consumer Only.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balance$25.00 monthly fee if the balance falls below $2,500.00. Interest compounded daily. New Money Only. Consumer Only.Any balance | 3.25% | $325 | $25.00 monthly fee if the balance falls below $2,500.00. Interest compounded daily. New Money Only. Consumer Only. |
Freedom4Savings Personal Money Market
2.50%APY
New Money Only. Consumer Only.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNew Money Only. Consumer Only.Any balance | 2.50% | $250 | New Money Only. Consumer Only. |
Sources (1)
- freedom.bank/rates · captured Oct 22, 2026
Personal Money Market
0.30%APY
No monthly maintenance fee if the average daily balance of $2,500 is maintained.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000No monthly maintenance fee if the average daily balance of $2,500 is maintained. | 0.25% | — | No monthly maintenance fee if the average daily balance of $2,500 is maintained. |
| $10,000 – $100,000No monthly maintenance fee if the average daily balance of $2,500 is maintained. | 0.30% | $30 | No monthly maintenance fee if the average daily balance of $2,500 is maintained. |
| $100,000 – $250,000No monthly maintenance fee if the average daily balance of $2,500 is maintained. | 0.35% | — | No monthly maintenance fee if the average daily balance of $2,500 is maintained. |
| $250,000 and upNo monthly maintenance fee if the average daily balance of $2,500 is maintained. | 0.40% | — | No monthly maintenance fee if the average daily balance of $2,500 is maintained. |
Personal Savings
0.05%APY
Interest-Bearing Account. $25 minimum opening deposit. No monthly maintenance fee if the average daily balances of $200 are maintained. Quarterly statement. New Money Only. Consumer Only. The interest rate & APY may change after account opening. Fees may reduce earnings. APYs accurate as of the date on sheet.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNew Money Only. Consumer Only. The interest rate & APY may change after account opening. Fees may reduce earnings. APYs accurate as of the date on sheet.Any balance | 0.05% | $5 | New Money Only. Consumer Only. The interest rate & APY may change after account opening. Fees may reduce earnings. APYs accurate as of the date on sheet. |
Special-purpose accounts
IRA Savings
0.05%APY
Freedom Bank offers Traditional, Roth, Simplified Employee Pensions (SEPS) and Rollover IRAs. Enjoy the flexibility of putting retirement funds in a Money Market IRA or CDs at various maturities.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNew Money Only. Consumer Only. A penalty will be imposed for early withdrawal. The interest rate & APY may change after account opening. Fees may reduce earnings. APR assumes daily compounding.Any balance | 0.05% | $5 | New Money Only. Consumer Only. A penalty will be imposed for early withdrawal. The interest rate & APY may change after account opening. Fees may reduce earnings. APR assumes daily compounding. |
Senior/Student/Minor Savings
0.05%APY
Interest-Bearing Account. $10 minimum opening deposit. No minimum balance and no monthly maintenance fee. Quarterly statement. New Money Only. Consumer Only. The interest rate & APY may change after account opening. Fees may reduce earnings. APYs accurate as of the date on sheet.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNew Money Only. Consumer Only. The interest rate & APY may change after account opening. Fees may reduce earnings. APYs accurate as of the date on sheet.Any balance | 0.05% | $5 | New Money Only. Consumer Only. The interest rate & APY may change after account opening. Fees may reduce earnings. APYs accurate as of the date on sheet. |
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.