Last Updated: 01/21/2026
The Freedom Bank of Virginia Interest Checking
Unaffiliated
Last Updated: 01/21/2026
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Highlights
Welcome Offer
N/A
Cashback Rewards
N/A
APY (Annual Percentage Yield)
0.05%(Verified 07/15/2024)
Monthly Service Fee
$0 - $15(Verified 01/21/2026)
The Freedom Bank of Virginia Interest Checking Review
The The Freedom Bank of Virginia Interest Checking is offered by The Freedom Bank of Virginia, a bank founded in 2001 and based in Fairfax, VA. The Freedom Bank of Virginia Interest Checking is available in 50 states, 5 US territories, and Washington, DC.
Key Takeaways
- Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.05% .
- $0 monthly account fees available. This account charges a monthly fee of up to $15, but the fee may be waived if you keep a minimum balance of$2,500.
- Large minimum initial deposit. You need a minimum deposit of $2,500 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
- No ATM fees. The Freedom Bank of Virginia Interest Checking does not charge fees on ATM transactions .
- Bill pay. Pay your bills to practically anyone in the United States when you enroll in The Freedom Bank of Virginia mobile or online banking.
The Freedom Bank of Virginia Interest Checking Pros & Cons
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The Freedom Bank of Virginia Interest Checking FAQ
Are checking accounts from The Freedom Bank of Virginia federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What APY does The Freedom Bank of Virginia Interest Checking offer?
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| APY (Annual Percentage Yield) | 0.05% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The Freedom Bank of Virginia Interest Checking offers an APY of 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest, account holders must keep an average beginning day balance of $2500.
What are the account minimums for The Freedom Bank of Virginia Interest Checking?
The Freedom Bank of Virginia Interest Checking requires a minimum initial deposit of $2,500.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Average Balance to Avoid Monthly Service Fee | Starting at $2,500 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $2,500 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $2,500 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What fees does The Freedom Bank of Virginia Interest Checking charge?
The good news is that this account does not have a monthly Service Charge.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 - $15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What features and perks does The Freedom Bank of Virginia Interest Checking offer?
This account includes the following features:
- Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - The Freedom Bank of Virginia Interest Checking allows you to manage your money online or with a mobile app.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
What is the customer support email for The Freedom Bank of Virginia Interest Checking?
The customer support email for The Freedom Bank of Virginia Interest Checking is info@freedom.bank.
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Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed