About Us | Freehold Bank

About Us

Our values are at the heart of everything we do. Why? Because the people we serve day-to-day aren’t just our customers, but our neighbors. Integrity. Commitment. Accountability. Relationships. Diligence. At Freehold Bank, those are not just words—they’re a way of life.


Our History

Freehold Bank is Monmouth County’s oldest savings institution. Based on over 167 years of service, we have remained a strong and stable financial institution in New Jersey.

The Bank was founded on September 12, 1853 as the Freehold Mutual Loan Association, a name that was retained until 1955. Thereafter, re-named to Freehold Savings and Loan Association which was then reorganized into a three-tier mutual holding company structure on January 1, 2009 by forming a top-tier mutual holding company, Freehold MHC, and a mid-tier stock holding company, Freehold Bancorp. Common stock was not offered to depositors or the general public in connection with the reorganization and the name was changed to Freehold Savings Bank. On September 28, 2018, the Bank’s charter converted from a Federal Savings Bank to a New Jersey State Mutual Savings Bank. With this conversion taking place, the Bank is now regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the New Jersey Department of Banking and Insurance (“NJDOBI”). The Federal Reserve Bank (“FRB”) continues to oversee the Holding Company. On October 29, 2019, the Bank’s name was changed to Freehold Bank.

Bank Executives

James H. Wainwright

President, Chief Executive Officer

Thomas E. Zarycki

Senior Vice President, Chief Operations Officer


Michael T. Stocko

Senior Vice President, Chief Financial Officer, Treasurer

Kevin W. Hunt

Senior Vice President, Chief Lending Officer
NMLS ID#763542

Hilary De LaMothe

Assistant Vice President, Branch Manager, Assistant Secretary

Barbara E. Arcoleo

Assistant Vice President & Corporate Secretary







Board of Directors

Lawrence J. Metz

Chairman of the Board
President – Capital Realty & Investment Co.


Thomas J. Kemly

President & Chief Executive Officer- Columbia Bank


James H. Wainwright

President & Chief Executive Officer
Freehold Bank


Dwight W. Pittenger, Esq.

VP - Pittenger Builders


Thomas E. Zarycki

Senior Vice President & Chief Operations Officer
Freehold Bank


James P. Wishbow

Wishbow Construction




Summary, Statement of Condition

December 31, 2023

Cash and Investments $45,759,948
Mortgage-backed securities 47,195,113
Federal Home Loan Bank stock 3,055,800
Loans receivable, net 180,014,610
Other assets 24,247,333
Total assets $300,272,804


Deposits $194,578,321
Escrows 929,124
Advances from Federal Home Loan Bank 59,727,979
Other Liabilities 1,652,054
Total Liabilities $256,887,478
Retained Earnings 43,385,326
Total Liabilities and Retained Earnings $300,272,804

Home Equity Loans

Tap into the equity in your home. A home equity loan or a home equity line of credit can be used for home improvements, debt consolidation, and educational costs. Our experienced loan staff will answer all your questions and assist you in the application process.

Learn More



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