Deal Summary

Freedom Bank offers a 5-year certificate of deposit with a .5% APY with a $1000 minimum deposit. Dividends are paid upon maturity.

Freedom Bank’s Top CD Rates

Freedom Bank’s top rate for a certificate of deposit is .5% APY for their 5-year certificate of deposit. Their minimum deposit is $1000. The dividends for the account are paid upon maturity.

Freedom Bank also offers shorter term options including a 4-year CD with a .4% APY and $1000 minimum deposit. Their shortest term offering is 7-91 days at .2% APY. All account dividends are paid upon maturity.

A total of 8 options are offered in various months and years. While the minimum deposit $1000, our customers are welcome to make a bigger deposit and earn more of the period their money is in a certificate of deposit. Certificates of deposits are a safe, secure way of earning money on a bank deposit while securing it from use. While you can remove money from a CD early, there will be a penalty fee for doing so.


Customers must first open a checking or savings account at Freedom Bank to be eligible to open a certificate of deposit. Freedom Bank makes it easy to switch to a new bank by gathering much of the info for you, along with the ability to make an account online.

Locations in Indiana

Freedom Bank offers several locations, including in Rockport, Jasper, Dale, and Huntingburg. All locations are eager to serve your banking needs.

Bank Overview

Freedom Bank is locally owned and operated. With several locations, we are ready to help you in your neighborhood in Indiana. We strive to make and support financial products that are usable by local personal customers as well as the businesses who employ people locally. One of the goals of Freedom Bank is to offer the most flexible experiences possible, so in addition to fast, friendly local service, we also have a mobile banking app that allows customers to check their balances, pay bills, and make transfers from their phone at the touch of a button.

Freedom Banks wants to help you switch ot us! We offer a Switch Kit, which takes much of the hassle of opening a new account away, with organized paperwork and instructions that will save you the time of going into a branch and making your account in person. We understand you live a busy life and like to help our customers get back to their families and work without worrying much about the time they’ve spend banking.

Freedom Bank proudly offers a large variety of products for personal banking too. In addition to checking and savings accounts, we provide home loans to secure your dream of home ownership as well as IRA setups to help you plan for the future and retirement. Consider us your partner in the life long process of money management. We offer bankers who understand your needs and can help put together a plan.