Freedom Bank Extends Public Common Stock Offering

The Freedom Bank of Virginia (Bank) (OTCQX: FDVA) is extending the close of its $4 million public common stock offering until December 12, 2014.

According to CEO Craig S. Underhill, “We are pleased with the response from the local business community, particularly shareholders from recently acquired banks, as well as customers and prospective customers. Some investors have requested more time so that subscription agreements can be submitted through retirement accounts. Others did not receive the Offering until this week. Extending the deadline to after the Thanksgiving holiday will accommodate these investors."

For more information on the offering, please contact Craig S. Underhill, President & CEO at [phone] or email at [e-mail]. You can also review offering documents on the investor relations page of the Bank’s website at www.freedombankva.com.

The Freedom Bank of Virginia 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.

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 Federal Financial Institutions Examination Council. 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