Liberty Savings Bank

What Liberty Savings Bank does

Liberty Savings Bank, F.S.B. is a privately held, federally chartered community bank headquartered in Sarasota, Florida, operating a multi-channel retail and mortgage banking platform across the Sarasota-Manatee region. Founded in 1993 and held under Liberty Capital, Inc., the bank serves individual consumers, small businesses, and nonprofit organizations through financial centers in Bradenton, Venice, Sarasota, and a recently opened Lakewood Ranch location, complemented by a comprehensive online and mobile banking platform built on a third-party core banking system with mobile deposit, CardValet card controls, Zelle P2P payments, and personal financial management widgets.

The product portfolio spans tiered deposit products (Freedom, Freedom Gold, Freedom Platinum, 50 Freedom, Student Checking, Convenience Savings, Holiday Club Savings, MMDA, and CDs), credit products (Liberty Visa debit and credit cards, personal loans, commercial loans, and HELOC), and a full mortgage lending suite including fixed-rate, adjustable-rate, jumbo, HELOC, and senior living loans, distributed via five dedicated mortgage loan teams. Integrations with the Allpoint ATM network extend surcharge-free ATM access to over 55,000 locations nationally. The bank holds an FDIC-insured federal savings bank charter, NMLS #408905, Equal Housing Lender designation, and a Bauer 5-star rating.

Revenue is generated primarily through net interest income from loans and deposit spreads, supplemented by recurring monthly maintenance fees on tiered checking accounts, transaction and interchange fees on credit and debit cards, and mortgage origination revenue. GTM is direct-to-consumer and direct-to-SMB via physical branches, relationship-based mortgage officers, and digital channels, with a referral program and community sponsorships as supporting demand-generation. The bank does not publicly disclose revenue or financials, and no AI-driven capabilities are present in the current technology stack.

Name

Liberty Savings Bank

Legal name

Liberty Savings Bank, F.S.B.

Website

https://libertysavingsbank.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

Liberty Savings Bank is a privately held, federally chartered community bank serving consumers, small businesses, and nonprofits in Florida's Sarasota-Manatee region through branch locations, online and mobile banking, and a five-team mortgage lending operation.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Savings Banks (Public/State-Owned) (FSABAKAK)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Student & Youth Banking (FSABAAAH)

Keywords

• Retail banking services
• Community savings bank
• Mortgage lending products
• Consumer deposit accounts
• Small business banking

Headquarters

HQ city

Sarasota

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Net Interest Income: Traditional banking revenue generated from the spread between interest earned on loans (mortgages, personal loans, commercial loans) and interest paid on deposits (checking, savings, CDs, MMDA accounts).
2. Deposit Account Fees: Monthly maintenance fees on checking accounts (e.g., $4.95 for Freedom, $5.00 for Freedom Gold, $11.95 for Freedom Platinum) and minimum balance fees on savings accounts ($5/month if balance falls below $300 on Convenience Savings).
3. Mortgage Lending Revenue: Origination fees and interest income from home purchase loans, refinancing, HELOCs, fixed rate mortgages, adjustable rate mortgages, jumbo loans, and senior living products.
4. Other Financial Services: Revenue from credit cards, business lending, commercial loans, personal loans, and Health Savings Accounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Liberty Savings Bank is a federally chartered community savings bank that provides deposit accounts (checking, savings, MMDA, CDs), credit cards, mortgage loans (home purchase, refinancing, HELOC, jumbo, senior living), personal and commercial loans, and digital banking services (online and mobile) to consumers, small businesses, and nonprofit organizations in the Sarasota-Manatee region of Florida.

Product overview

Liberty Savings Bank offers a unified retail and commercial banking platform centered on its online and mobile banking channels (Liberty Mobile Banking App). The core product portfolio spans deposit accounts (Freedom Checking in multiple tiers including Gold and Platinum, Student Checking, 50 Freedom senior accounts, Convenience Savings, Holiday Club Savings, MMDA, and Certificates of Deposit), credit products (Visa debit and credit cards, Home Mortgage Loans with multiple variants, and HELOC), and business/nonprofit banking services. Integrations with Zelle, Visa, and Allpoint ATM network extend core functionality, while add-on modules like Reward Yourself and Financial Tools (PFM) enhance the consumer experience. The Ohio Homebuyer Plus Savings program represents a state-partnered savings product. The bank does not appear to offer a public API or AI-powered capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Freedom Checking Basic personal checking account with Liberty Visa Debit Card, early direct deposit up to 2 days, online/mobile banking, bill pay, Zelle access, and surcharge-free Allpoint ATMs. $4.95 monthly fee waived with $500 minimum balance.
• Freedom Gold Checking Mid-tier personal checking account with Identity Theft Protection, Cell Phone Protection, one free box of logo checks per year, cashier's checks, complimentary safe deposit box for one year, and free online/mobile banking. $5.00 monthly fee. Earns 0.14% APY.
• Freedom Platinum Checking Premium personal checking account with Identity Theft Protection, Cell Phone Protection, Cash Back rewards, one free box of logo checks, cashier's checks, complimentary safe deposit box for one year, and free online/mobile banking. Monthly fee of $11.95 waived with $1,000 direct deposit. Earns 0.21% APY.
• 50 Freedom Checking Senior checking account for customers age 50+ combining Freedom Checking features with enhanced perks including 0.14% APY, free logo checks, and 50% discount on safe deposit boxes. $4.95 monthly fee waived with $500 minimum balance.
• Student Checking Checking account for ages 10-26 with no monthly fee, no minimum balance, free Liberty Visa Debit Card, early direct deposit, and mobile banking. Parents can control debit card limits, mobile deposit, and fund transfers for minors.
• Convenience Savings Personal savings account with no monthly fee when $300 minimum balance is maintained. Earns 0.01% APY with daily compounding interest. $100 deposit to open; $5.00 monthly fee applies if balance falls below $300.
• Holiday Club Savings Seasonal savings account with no minimum balance and no monthly fee. Earns 0.01% APY with daily compounding interest. Balance automatically transfers to main account in October for holiday spending.
• Certificates of Deposit Time deposit accounts for fixed-term savings with guaranteed returns. Available through the personal banking product lineup.
• Money Market Deposit Account (MMDA) Money market deposit account offered in personal, business, and nonprofit variants. Provides competitive interest rates with limited check-writing and debit card access.
• Liberty Visa Credit Cards Liberty Visa credit card products offered through the personal banking channel, including online credit card access via the banking portal.
• Home Mortgage Loans Comprehensive mortgage lending suite including Fixed Rate Mortgage, Adjustable Rate Mortgage, Jumbo Loans, Home Equity Line of Credit (HELOC), refinancing, and Senior Living mortgage options. Five dedicated mortgage teams serve Bradenton, Sarasota, Lakewood Ranch, and Venice locations.
• Home Equity Line of Credit (HELOC) Revolving line of credit allowing borrowers to access home equity as needed, up to an established credit limit. Can be used for home renovations, debt consolidation, or other purposes.
• Ohio Homebuyer Plus Savings Enhanced interest savings account created in partnership with the State of Ohio, designed to help Ohio residents save for down payment or closing costs toward a home purchase. Accounts must be used within five years with a $100 minimum balance. Waitlist is currently open.
• Nonprofit Checking Checking account designed for nonprofit organizations, offering MMDA pairing and Visa Business Check Card access tailored to nonprofit financial management needs.
• Visa Business Check Card Visa-branded debit/check card available for business and nonprofit customers, enabling purchases and ATM withdrawals through the Visa network.
• Classic Bill Pay Online bill payment service available through personal online and mobile banking, allowing customers to pay bills to merchants, service providers, and individuals.
• Personal Loans Personal loan products offered to consumer customers through the bank's personal lending channel in Florida.
• Commercial/Business Loans Commercial and business lending products offered to local businesses, supported by Treasury Management Sales Officer coverage.

Quantifiable outcome

• Bauer recommended bank rating
• +1 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Allpoint NetworkcoreTechnology or IntegrationLiberty Savings Bank customers have access to over 55,000 surcharge-free ATMs through the Allpoint network, including ATMs at Target, CVS, and Walgreens locations worldwide.
• State of OhiominorStrategic or Co-development PartnerPartnership with the State of Ohio for the Ohio Homebuyer Plus Program, offering enhanced interest savings accounts for Ohio residents to save for down payments or closing costs on home purchases.
• Manatee Literacy CouncilminorOthersLiberty Savings Bank supports the Manatee Literacy Council as part of its community investment program, helping create lasting change for individuals and communities through language access.
• Habitat for HumanityminorOthersBank actively supports Habitat for Humanity by building homes, demonstrating commitment to community development and affordable housing.
• Junior AchievementminorOthersLiberty Savings Bank supports Junior Achievement, providing financial literacy education and youth development programs.
• Multiple Local NonprofitsminorOthersBank supports numerous local organizations including American Red Cross, Salvation Army, Disabled American Veterans, SRPARC, South County Food Pantry, and others through donations and volunteer time.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/libertysavingsbank
• Xx.com/Liberty_Savings
• Facebookfacebook.com/LibertySB

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liberty Savings Bank