Freedombank Salary

Freedombank Salary

How Much Does Freedombank Pay for employees?

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As of August 2026, the average hourly salary for employees at Freedombank in the United States is $38. This translates to an approximate annual wage of $79,921. Salaries at Freedombank typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company. Freedombank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Freedombank Pay for Different Roles?

The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Freedombank.
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About Freedombank: Company Profile

Website
www.onlinebanking.myfreedomaccount.com
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
ELKADER
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Freedombank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Diverse workforce promotes inclusion and fresh perspectives. I’ve worked at multiple financial firms, and this one stands out for employee engagement. With employees across various specialties, knowledge sharing happens organically. Management values employee contributions and regularly shares company updates. The workload is steady but can become monotonous.
Commented in March 01, 2025
41
3
Workload is manageable and performance expectations are clear. High employee morale and strong engagement. Working here has expanded my technical skills significantly, and I appreciate how innovation is embraced at every level. The environment is inclusive and professional.
Commented in January 21, 2025
20
3
Benefits are standard but could be more competitive. Benefits are robust, covering healthcare, wellness, and retirement plans. Continuous learning culture with many resources. Internal communication is okay, but feedback is rarely implemented. Team members are helpful and hardworking. It's the perfect balance of tradition and progress. The company’s reputation in financial services is well-earned,...
Commented in January 05, 2025
49
0
I genuinely enjoy my work and feel appreciated for the results I help deliver. Supervisors are fair, and KPIs are realistic. The company is committed to investing in employee skills through workshops and certification programs. From operations to compliance, people collaborate openly and share information freely.
Commented in August 06, 2024
28
0
Sustainable business practices are operationalized. I've been promoted based on performance and appreciated for my contributions. Management fosters a positive work environment that balances high performance with employee well-being. This is a place where performance and effort are truly acknowledged.
Commented in February 12, 2024
14
0

How Freedombank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Freedombank’s pay competitiveness. Click on a company for a deeper dive.

Is Freedombank’s Pay Competitive? Salary Benchmarking Analysis

How does Freedombank’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Freedombank
Financial Services
FIRST SECURITY BANK - SLEEPY EYE
FIRST TRUST & SAVINGS BANK INC
Industry Comparison
Our data shows that, on average, compensation at Freedombank is below the average for the U.S. Financial Services industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Freedombank average annual salary with several similar companies. Freedombank average salary of $79,921 is higher than FIRST SECURITY BANK - SLEEPY EYE, which has an average salary of $77,013. It is higher than FIRST TRUST & SAVINGS BANK INC, with their average salary at $76,289. This places Freedombank in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

What Is the Cost of Living Near Cedar Rapids?

Understanding the cost of living near Cedar Rapids is key to truly evaluating a salary offer or your current compensation at Freedombank.
Cedar Rapids' Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 8.2% less than IA average). Eastern IA city, affordable housing. CR Transit. When planning your budget based on a salary from Freedombank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Freedombank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CR Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,925 - $3,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Freedombank

FAQ 1: What is the average salary for employees at Freedombank?
The average total compensation for employees at Freedombank is approximately $38 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $34 to $44 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Freedombank pay compared to FIRST SECURITY BANK - SLEEPY EYE?
The average annual salary at Freedombank is $79,921, or an hourly wage of $38, in comparison to FIRST SECURITY BANK - SLEEPY EYE which pays $77,013 per year or $37 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Freedombank?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Freedombank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Freedombank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cedar Rapids?
While some companies offer formal COLA, many, including potentially Freedombank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at Freedombank?
Most companies, likely including Freedombank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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