First Freedom Bank is a bank based in Lebanon, Tennessee, established in 2006, with $781 million in total assets across 6 branches. By Trust Grade it ranks 26th of 109 banks we track in Tennessee. Its capital ratio of 12.3% is stronger than 75% of similarly sized banks, versus a Tennessee median of 9.8%. It was profitable over the most recent period, with a 2.41% return on assets. No consumer complaints against First Freedom Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Freedom Bank compares to Tennessee peers
How we graded First Freedom Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.3% capital ratio)
- Strongly profitable (ROA 2.41%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Freedom Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 307 E Hull Ave, Gainesboro, TN 38562
- 376 W Jackson St, Cookeville, TN 38501
- 1620 W Main St, Lebanon, TN 37087
- 614 W Main St, Cookeville, TN 38506
- 12888 Lebanon Rd, Mount Juliet, TN 37122
- 2008 Providence Pkwy, Mount Juliet, TN 37122
Are deposits at First Freedom Bank insured?
Yes. First Freedom Bank is an FDIC-insured bank (FDIC certificate #58208). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Freedom Bank: frequently asked questions
Is First Freedom Bank a good bank?
First Freedom Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.3% capital ratio); Strongly profitable (ROA 2.41%).
Is First Freedom Bank FDIC-insured?
Yes. First Freedom Bank is a FDIC-insured bank (FDIC certificate #58208). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Freedom Bank?
First Freedom Bank holds $781 million in total assets, ranking 26th of 109 banks we track in Tennessee. It operates 6 branches.
Does First Freedom Bank have CFPB complaints?
No CFPB complaints against First Freedom Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
