Freedom Bank leaders hope a new location slated to open on the expressway in South McAllen in 2026 will capitalize on traffic and development in the area and serve residents with both banking services and retail space.

Freedom broke ground for the new location in the empty lot at 100 S. Expressway 83 next to the Hampton Inn & Suites on Oct. 30. The two-story, 13,000-square-foot bank is slated to open in about a year.

“It’s a state-of-the-art facility,” Freedom Bank Board Chairman and CEO Arturo “Art” Ortega said. “Architecture’s going to be remarkable, something the city of McAllen can be proud of, something that Freedom Bank is already proud of. And will make an impact.”

High traffic branch location

Alamo-based Freedom Bank already has a location further north in McAllen along Nolana Avenue.