Freedom Bank of Virginia Begins Trading on OTCQX

The Freedom Bank of Virginia (OTCQX:FDVA) announced that effective September 18, 2014 its common stock began trading on OTCQX. The Bank’s symbol will continue to be FDVA. The OTCQX is the most sophisticated market operated by OTC Markets Group, Inc.

The OTCQX for banks is an extension of the OTCQX marketplace and was created to assist strongly capitalized well managed banks that have committed to provide higher level reporting and greater transparency. To qualify for inclusion in the OTCQX marketplace, the bank must meet high financial reporting standards and be current in reporting to bank regulators. Members are required to provide quarterly results and information on material events as they occur. They must also appoint a FINRA member broker dealer specializing in bank stocks. Monroe Financial Partners, Inc., a nationally recognized firm specializing in banks, will serve as Freedom Bank’s Corporate Broker on OTCQX. The Bank believes that the higher reporting requirements, greater transparency and addition of a dedicated corporate broker will build confidence with stockholders and potential investors.

Freedom Bank’s CEO Craig S. Underhill said, "We are pleased that Freedom Bank has been approved to trade our shares on this robust and prestigious marketplace. The increased visibility and transparency resulting from being elevated to the OTCQX marketplace is expected to increase liquidity of our shares, consistent with our commitment to increase shareholder value."

Freedom Bank is a community-oriented, locally-owned bank with locations in Fairfax, Vienna, and Reston, Virginia. For information about Freedom Bank’s deposit and loan services, visit the Bank’s website at www.freedombankva.com.

This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. Other risks that can affect the Bank are detailed from time-to-time in our quarterly and annual reports filed with the Board of Governors of the Federal Reserve System. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.

Freedom Bank of VirginiaCraig S. Underhill, President & CEO703-242-5300

Freedom Financial (QX) (USOTC:FDVA)
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