Conversion Quick Facts:
Account Numbers
We have worked diligently to maintain customer account numbers. If we need to make a change to your account number(s), your conversion mailing package notes that change.
Routing Number
While Freehold Bank’s routing number will be redirected to Columbia Bank, please use Columbia Bank’s routing number of 221271935 when establishing new payments.
Checks and Deposit Slips
You can continue to use your Freehold Bank checks and deposit slips until depletion unless you have been notified of an account number change.
Debit Cards
Cardholders have been issued new Columbia Bank debit cards that can be used as of Saturday, October 5th. We encourage you to activate your debit card ahead of conversion weekend.
Remember, your debit card number is changing. Please be sure to update any recurring payments as of Saturday, October 5th.
Scheduled Payments (Such as Direct Deposits and Auto-Debits)
For most customers, your account number is not changing. Therefore, Direct Deposits and Auto Debits will not be affected. Items may be slightly delayed over conversion weekend, we suggest issuing any time-sensitive payments prior to conversion weekend.
CDs
The terms and conditions of your existing Certificate(s) of Deposit will not change. Before your CD matures, we will send you a maturity notice detailing the terms and conditions of renewal.
In accordance with the terms and conditions of your current agreement, you will have 7 calendar days after the maturity date to withdraw funds without penalty or change the term of your account.
Loans/Lines of Credit
Your former Freehold Bank loan and/or line of credit will be transferred to Columbia Bank as a result of a merger transaction between Columbia Bank and Freehold Bank. This change in ownership of your loan is effective as of October 5th, the date of the merger.
The merger does not affect any terms or conditions of your note, however effective October 5th, the Freehold Bank address will no longer be the primary address for you to direct loan payments.
Please send all mailed payments due on or after October 5th to the below address:
Columbia Bank
PO BOX 70402
Philadelphia, PA 19176-0402
Online and Mobile Banking Access
Columbia Bank uses two distinct apps for Personal and Business Banking. Beginning Monday, October 7th you can access Online and Mobile Banking through our website or the Personal Banking mobile app.
If you currently have an online or mobile banking profile at Freehold Bank, refer to your conversion package for login instructions.
Download our Personal Online Banking Mobile App:
FDIC Insurance
- FDIC Insurance of Freehold Bank and Columbia Bank will merge after a six-month grace period and as of Saturday, April 5, 2025. Your account will be insured up to the limits allowed by law.
- For help calculating your current coverage, please utilize the FDIC’s Electronic Deposit Insurance Estimator (EDIE) at https://edie.fdic.gov/index.html. Visit this online tool and select “Use EDIE Now”. If you feel you may need to restructure your accounts, please consult your financial advisor. The Bank is not permitted to provide advice.
- CDs that mature during the six-month grace period or before April 5, 2025, and are renewed for the same term and in the same dollar amount (either with or without accrued interest) will continue to be separately insured until the first maturity date after the six-month period.
- If a CD matures and is renewed on any other basis, it would be separately insured only until the end of the six-month grace period.
Customer Care
Should you have any questions regarding this package or our systems conversion, please contact our dedicated hotline at (800) 962-4989. This hotline is available Monday through Friday 7:30 AM to 8:00 PM and Saturday and Sunday from 8:00 AM to 4:00 PM.
