FAIRFAX, Va.--(BUSINESS WIRE)--Freedom Bank of Virginia (Bank) (Bulletin Board:FDVA.OB) was named one of the top 200 community banks in the United States based on average return on equity (ROE) for the past three years in the May 2013 issue. According to CEO Craig Underhill, “We are pleased to be recognized by such a prestigious magazine. We focused on profitability during the downturn to generate organic capital. We are now accelerating our growth to effectively deploy that capital. This strategy has allowed the Bank to grow rapidly without having to sell additional stock, which would dilute current shareholders.” The full article can be read here.
About Freedom Bank
Freedom Bank is a local community bank providing a full range of financial services, including credit and deposit products, cash management, and Internet banking services for consumers and businesses. The Bank operates from its headquarters office at 10555 Main Street, Fairfax, Virginia 22030. For more information visit www.freedombankva.com.