News & Community | Freedom Bank of Virginia

Freedom Bank Named a Top U.S. Commercial Bank

Independent Banker rankings recognize this year’s standout performers

Fairfax, VA (July 21, 2021)— Independent Banker, the award-winning magazine of the Independent Community Bankers of America (ICBA) and the number-one source for community banking news, recognized The Freedom Bank of Virginia (“Freedom Bank”) as an ICBA top commercial lender in its July issue. Freedom Bank was specifically recognized at the #6 Commercial Bank in the United States ($500 million to $1 billion in total assets) based on the strength of its competitive banking services and operational efficiencies throughout 2020.

“ICBA commends Freedom Bank and its staff on this outstanding achievement during this important time for our industry,” ICBA Executive Vice President and Chief Marketing Officer Rob Birgfeld said. “The success of this year’s standout performers is testament to their ingenuity, resourcefulness, and steadfast devotion to their customers. ICBA is pleased to recognize Freedom Bank for its mastery of the community bank business model and impressive lending results that help create and sustain communities of prosperity.”

“ Freedom Bank is honored to be included in this prestigious list of industry top-performing commercial banks in the United States,” said Joseph J. Thomas, President & CEO. “ Our talented team of colleagues used both innovation and discipline to serve our customers’ needs for debt capital, treasury services, and advice when it was most valuable during the COVID-19 pandemic. Our model of focusing on entrepreneurs, business owners, and private real estate investors with talented bankers and leading technology was in full bloom in 2020. We are proud of the outcomes for existing and new clients and hope we also served to strengthen the local economy across the Washington, DC region.”

The “ICBA’s Top Lenders 2021” demonstrates the strength of personal connections to create a pathway for success as commercial lenders. It showcases the importance of sound and efficient banking practices and their local knowledge and expertise in adapting to shifting market dynamics and evolving customer needs. The annual list is based on the strength of competitive banking services and operational efficiencies using FDIC data for 2020. Scores were determined by combining the average of the bank’s percentile rank for lending concentration and loan growth over the past year in each lending category and asset size and adjusted for loan charge-offs at certain percentile thresholds.

About Freedom Bank

Freedom Bank is a community-oriented bank with locations in Fairfax, Reston, Chantilly, Vienna, and Manassas, Virginia. Freedom Bank also has a mortgage division headquartered in Chantilly. For information about Freedom Bank’s deposit and loan services, visit the Bank’s website at


Joseph J. Thomas, President & CEO
Phone : 703-667-4161
Email :

Please Note: E-mail is not a secure form of communication. Please do not send any confidential information using this form. This includes account numbers, social security numbers and password or PIN information.

Member FDIC

10555 Main Street, Ste 100
Fairfax, VA 22030
(703) 667-4167
Map & Hours

502 Maple Avenue West
Vienna, VA 22180
(703) 667-4170
Map & Hours

11700 Plaza America Dr Ste 110
Reston, VA 20190
(703) 663-2300
Map & Hours

4090 Lafayette Center Drive,
Ste B Chantilly, VA 20151
(571) 395-4000
Map & Hours

Effective February 2, 2023
4090 Lafayette Center Drive, Ste B
Chantilly, VA 20151
(703) 766-6400
Map & Hours

10611 BaIls Ford Road Ste 110
Manassas, VA 20109
Map & Hours

© 2024 The Freedom Bank of Virginia. All Rights Reserved.