Freedom Bank, based in Fairfax County, will open a new branch in the Balls Ford Road corridor in Prince William County, near Gainesville.
From a press release:
The new location will be located in Manassas at 10611 Balls Ford Road, Suite 110, Manassas, VA 20109, conveniently located near I-66 and the business corridor of 234.
“While Freedom Bank has been immersed in Prince William County for years with a strong market presence, we are delighted to take the next step and open a physical location in Manassas. This location will be led by Steve Witt, Market President for Prince William County, who is a tenured banker with deep ties to the region. We are excited about the dynamic growth opportunities in Prince William County, where we already have strong loans and core deposits with existing clients. By providing greater access and convenience to a diverse set of new clients, we look forward to using our innovative approach to building relationships with entrepreneurs and professionals in Prince William,” said Joe Thomas, President and CEO.
Steve Witt, Market President for Prince William County, said “As Market President of Prince William County, I am thrilled to take this important step of expanding our presence in the market. This new location allows us to grow our strategic network of sales offices and further engage local businesses and the Prince William community. This opening brings a renewed energy to our team to deliver compelling ideas, relevant financial products and exceptional service to our clients in the way they wish to be served.”
Freedom Bank had total assets of $698 million on June 30, 2020 and locations in Fairfax, Vienna, Reston, and Chantilly and a mortgage division headquartered in Chantilly.
The Balls Ford Road corridor is one of Prince William County’s most industrialized areas, home to FedEx, Martin Brower, the supplier for McDonald’s restaurants, U.S. Foods, Dulles Glass and Mirror, and Waste Management.
