Latest news with #FreedomBank
Yahoo
7 days ago
- Business
- Yahoo
Freedom Bank Hires Scott Clark as Executive Vice President and Chief Financial Officer
Seasoned Financial Leader Joins Freedom Bank to Drive Strategic Growth and Operational Excellence FAIRFAX, Va., June 2, 2025 /PRNewswire/ -- Freedom Financial Holdings, Inc. (OTCQX: FDVA) ("the Company") is pleased to announce the appointment of Scott Clark as Executive Vice President and Chief Financial Officer of the Company and of The Freedom Bank of Virginia ("the Bank"). With over two decades of experience in community banking and a proven track record of leadership in finance, Mr. Clark brings a wealth of expertise to the role, further strengthening the bank's commitment to providing exceptional service to its clients, its community, and ensuring sustainable growth. As CFO, Mr. Clark will oversee all financial operations, including budgeting, financial reporting, asset liability management, investment performance, regulatory compliance and investor relations. His expertise will also be critical in steering the bank through the challenges of a rapidly changing financial environment, positioning it for continued growth and profitability. "We are excited to welcome Scott Clark to our leadership team. His expertise will enhance our experience as we continue to grow in both size and complexity. His proven track record at larger banks, forward-thinking approach, and commitment to community banking align perfectly with our values. I am confident that under Scott's leadership, our financial strategy will continue to progress, enhancing both operational efficiency and balance sheet management. I am equally grateful to David Sanders for serving as our Interim CFO and continuing as our Chief Accounting Officer and key partner to Scott in his new role," said Joe Thomas, President and CEO, Freedom Bank. "I am thrilled to join Freedom and to work alongside such a talented and dedicated team. I look forward to leveraging my experience to contribute to the Bank's strategic vision, ensuring we continue to build on our strong foundation and maintain the highest standards of financial excellence. My goal is to support the Company's long-term success while delivering value to our customers and shareholders and expanding opportunities for our team members and the community we serve," said Scott Clark, Executive Vice President and Chief Financial Officer, Freedom Bank. Mr. Clark has held significant roles throughout his career, including serving as Treasurer for Sandy Spring Bank and EagleBank, where he played a pivotal role in financial strategy, regulatory compliance, and capital management. His extensive background in managing financial operations, coupled with his focus on building shareholder value with long-term sustainability and customer satisfaction, makes Scott uniquely qualified to guide Freedom as it continues to grow and adapt to the evolving economic landscape. About Freedom Bank The Freedom Bank of Virginia is a next-generation community bank, headquartered in Fairfax, Virginia, offering commercial banking, personal banking, and mortgage banking solutions using banker expertise and innovative technology to build lead relationships with clients. Focusing on businesses, real estate owners, and professionals, Freedom Bank concentrates on key industry verticals to deliver unique, sector-specific solutions to help clients meet their goals and empower their dreams. Freedom Bank has locations in Fairfax, Vienna, Reston, Manassas, and Chantilly, VA. For information about Freedom Bank, visit our website at Contact:Joseph J. ThomasPresident & Chief Executive OfficerPhone: 703-667-4161Email: jthomas@ View original content to download multimedia: SOURCE The Freedom Bank of Virginia
Yahoo
27-05-2025
- Business
- Yahoo
Freedom Bank Hires Nohman Ishaq as Senior Vice President & Director of Business Development
Bank's New Director of Business Development Set to Drive Growth Through Additional Community Engagement and Consumer Banking Relationships FAIRFAX, Va., May 27, 2025 /PRNewswire/ -- The Freedom Bank of Virginia ("Freedom Bank") announced today it has hired Nohman Ishaq as Senior Vice President & Director of Business Development. As Director of Business Development, Nohman will be instrumental in driving the bank's growth, building our consumer line of business, enhancing Freedom's market presence and visibility, and fostering rich community engagement. Nohman will serve on the Bank's senior leadership team and work with all the bank's lines of business to launch an exciting new Bank@Work program to help our commercial clients provide their employees with access to exclusive banking perks, personalized service in-branch and online, and expert financial advice and education. He will also take on a leadership position with the Freedom Bank Foundation, ensuring both the Bank and Foundation meet their community objectives and support economic inclusion efforts. "We are thrilled to welcome Nohman Ishaq to our leadership team. With a strong track record of building consumer relationships and a passion for community engagement, he will be instrumental in boosting our brand and driving revenue growth. We are also fortunate to have him represent the bank at industry events and conferences as a champion for our community-focused initiatives. I am very excited about our differentiating Bank@Work program and Nohman's expertise will significantly enhance our corporate partnerships and consumer banking portfolio," said Joe Thomas, President and CEO, Freedom Bank. "I am excited to join Freedom Bank's innovative team, where I can leverage my experience to deepen existing relationships, acquire new customers, and build a strong platform for growth. I'm passionate about serving our business and nonprofit communities—not only through my work at the Bank, but also in my roles as Chairman of the Board for the Greater Reston Chamber of Commerce and the Dulles Area Transportation Association, where I advocate for regional prosperity and access. I look forward to contributing to Freedom Bank's mission of helping clients achieve their financial goals while advancing economic inclusion. My wife and I are proud to raise our three children—Jasper, Jupiter, and Kingston—in Loudoun County, where we are deeply rooted in the community we serve," said Nohman Ishaq, Director of Business Development, Freedom Bank. Nohman was most recently Vice President of Retail Business Development & Corporate Partnership at Northwest Federal Credit Union (NWFCU). Prior to his role as Retail Business Development & Corporate Partnership, he served in various roles including Company & Community Partner Program Manager and Senior Branch Manager at NWFCU through his ten-year tenure with the credit union. Before NWFCU, Nohman worked at SunTrust (now Truist) Bank, Capital One, and Chevy Chase Bank. About Freedom Bank The Freedom Bank of Virginia is a next-generation community bank, headquartered in Fairfax, Virginia, offering commercial banking, personal banking, and mortgage banking solutions using banker expertise and innovative technology to build lead relationships with clients. Focusing on businesses, real estate owners, and professionals, Freedom Bank concentrates on key industry verticals to deliver unique, sector-specific solutions to help clients meet their goals and empower their dreams. Freedom Bank has locations in Fairfax, Vienna, Reston, Manassas, and Chantilly, VA. For information about Freedom Bank, visit our website at Contact:Joseph J. ThomasPresident & Chief Executive OfficerPhone: 703-667-4161Email: jthomas@ View original content to download multimedia: SOURCE The Freedom Bank of Virginia Sign in to access your portfolio
Finextra
09-05-2025
- Business
- Finextra
Freedom Bank chooses Vine to accelerate commercial lending
Vine Financial, a commercial lending accelerator for banks and credit unions, announced that Freedom Bank is using its commercial lending technology to better serve its local businesses and their financial needs. 0 With deep roots in its community, customer relationships are the key focus for Freedom Bank. Vine helps automate the commercial lending process for Freedom Bank, allowing its bankers and borrowers to collaborate more effectively from application to close. With AI-powered financial spreading, customer loan workflows, and document generation capabilities, Freedom Bank can automate many of its manual tasks, freeing bankers up to focus on what truly matters - relationships. 'We had been looking for a better way to spread financial statements and manage our commercial loans. Vine's technology stood out to us because it was flexible, innovative and easy to use. It was the clear choice for a bank our size,' said Don Bennett, president and chairman of Freedom Bank. 'Implementation was smooth, and the team has listened to all our feedback along the way. They have been a great partner for us.' Vine's platform streamlines decision-making for commercial lenders by automating many manual, time-consuming tasks associated with commercial lending. Vine can read borrower documents, spread financials, and assess that information based on the institution's credit policy. With Vine, bankers can deliver a decision on a loan faster than ever before, without compromising accuracy. 'Community banks are a critical part of local economies, and Freedom Bank is a great example of that,' said David Eads, CEO and co-founder at Vine. 'They truly value their commercial customers and actively seekways to serve them better. We are honored to be the technology behind what Freedom Bank is doing in their community and look forward to helping their business grow.'
Business Wire
08-05-2025
- Business
- Business Wire
Freedom Bank Chooses Vine to Accelerate Commercial Lending
AUSTIN, Texas--(BUSINESS WIRE)-- Vine Financial, a commercial lending accelerator for banks and credit unions, announced that Freedom Bank is using its commercial lending technology to better serve its local businesses and their financial needs. "Vine's technology stood out to us because it was flexible, innovative and easy to use. It was the clear choice for a bank our size,' said Don Bennett, president and chairman of Freedom Bank. With deep roots in its community, customer relationships are the key focus for Freedom Bank. Vine helps automate the commercial lending process for Freedom Bank, allowing its bankers and borrowers to collaborate more effectively from application to close. With AI-powered financial spreading, customer loan workflows, and document generation capabilities, Freedom Bank can automate many of its manual tasks, freeing bankers up to focus on what truly matters - relationships. 'We had been looking for a better way to spread financial statements and manage our commercial loans. Vine's technology stood out to us because it was flexible, innovative and easy to use. It was the clear choice for a bank our size,' said Don Bennett, president and chairman of Freedom Bank. 'Implementation was smooth, and the team has listened to all our feedback along the way. They have been a great partner for us.' Vine's platform streamlines decision-making for commercial lenders by automating many manual, time-consuming tasks associated with commercial lending. Vine can read borrower documents, spread financials, and assess that information based on the institution's credit policy. With Vine, bankers can deliver a decision on a loan faster than ever before, without compromising accuracy. 'Community banks are a critical part of local economies, and Freedom Bank is a great example of that,' said David Eads, CEO and co-founder at Vine. 'They truly value their commercial customers and actively seek ways to serve them better. We are honored to be the technology behind what Freedom Bank is doing in their community and look forward to helping their business grow.' About Vine Financial Vine is a faster, more accurate, and more auditable Commercial Lending Accelerator for banks and credit unions. From document reading to spreading to document generation, Vine empowers lenders with the tools they need, all in one platform. With Vine, financial institutions can deliver faster decisions, provide more value, and build stronger relationships. For more information, visit
