Freedom Credit Union (PA)

626 Jacksonville Road, Suite 250
Warminster, PA 18974
877-612-5919
www.freedomcu.org

OverView
Rates
Health
Reviews

Freedom Credit Union (PA) is headquartered in WARMINSTER and is the 12^st largest credit union in the state of Pennsylvania. It is also the 372^nd largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 108 employees and 57,566 members. Freedom Credit Union (PA)'s money market rates are 14% higher than the national average, and it boasts a 5-star health rating.

Top Long-Term CD Rates at Freedom Credit Union in PA - Local Only - 1/5/2012

Sometimes banks and credit unions become rate leaders because their rates fall less than others. That's the case with Freedome Credit Union in Southeast Pennsylvania. It has three CD rates that are es ...

5.15% 60-Month / 5.00% 36-Month CD at a Pennsylvania CU (Freedom). - 1/3/2008

Freedom Credit Union has some competitive long term certificate rates. These include a 5.15% APY 60-month CD, 5.05% APY 48-month CD and a 5.00% APY 36-month CD. The minimum deposit is $500. These rates are also available in an IRA.These are not the best...

5.50% 24-Month / 5.35% 12-Month at a Utah CU (Freedom) - 10/3/2007

Freedom Credit Union continues to list some competitive rates for its certificates of deposit. A yield of 5.50% APY is available for terms from 24 to 60 months, and 5.35% APY is available for 12 and 18 month terms. IRA certificate and Youth certificate...

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

Freedom Credit Union (PA) Checking Account Rates

	Apy	Min	Max	Product
	0.25%	-	-	Checking Account

Freedom Credit Union (PA) Savings Account Rates

Apy	Min	Max	Product
0.40%	-	-	Primary Savings Account
0.40%	-	-	Holiday Club Savings Account
0.40%	-	-	IRA Savings Account
0.40%	-	-	Coverdell Education Savings Account
0.40%	-	-	Vacation Club Savings Account
0.40%	-	-	Roth IRA Savings Account
0.25%	-	-	Health Savings Account

Freedom Credit Union (PA) Money Market Rates

	Apy	Min	Max	Product
	0.50%	$10k	-	Money Market

Freedom Credit Union (PA) CD Rates

Apy	Min	Max	Product
2.00%	$500	-	60 Month CD
2.00%	$250	-	60 Month Youth CD
1.75%	$500	-	48 Month CD
1.75%	$250	-	48 Month Youth CD
1.40%	$500	-	36 Month CD
1.40%	$250	-	36 Month Youth CD
1.00%	$500	-	24 Month CD
1.00%	$250	-	24 Month Youth CD
0.80%	$500	-	18 Month CD
0.80%	$250	-	18 Month Youth CD
0.70%	$500	-	12 Month CD
0.70%	$250	-	12 Month Youth CD
0.55%	$500	-	6 Month CD
0.55%	$250	-	6 Month Youth CD

Freedom Credit Union (PA) IRA Rates

Apy	Min	Max	Product
2.00%	$500	-	60 Month IRA CD
2.00%	$250	-	60 Month Youth IRA CD
2.00%	$500	-	60 Month Coverdell ESA CD
2.00%	$250	-	60 Month Youth Coverdell ESA CD
2.00%	$500	-	60 Month HSA CD
2.00%	$250	-	60 Month Youth HSA CD
2.00%	$500	-	60 Month Roth IRA CD
2.00%	$250	-	60 Month Youth Roth IRA CD
1.75%	$500	-	48 Month IRA CD
1.75%	$250	-	48 Month Youth IRA CD
1.75%	$500	-	48 Month Coverdell ESA CD
1.75%	$250	-	48 Month Youth Coverdell ESA CD
1.75%	$500	-	48 Month HSA CD
1.75%	$250	-	48 Month Youth HSA CD
1.75%	$500	-	48 Month Roth IRA CD
1.75%	$250	-	48 Month Youth Roth IRA CD
1.40%	$500	-	36 Month IRA CD
1.40%	$250	-	36 Month Youth IRA CD
1.40%	$500	-	36 Month Coverdell ESA CD
1.40%	$250	-	36 Month Youth Coverdell ESA CD
1.40%	$500	-	36 Month HSA CD
1.40%	$250	-	36 Month Youth HSA CD
1.40%	$500	-	36 Month Roth IRA CD
1.40%	$250	-	36 Month Youth Roth IRA CD
1.00%	$500	-	24 Month IRA CD
1.00%	$250	-	24 Month Youth IRA CD
1.00%	$500	-	24 Month Coverdell ESA CD
1.00%	$250	-	24 Month Youth Coverdell ESA CD
1.00%	$500	-	24 Month HSA CD
1.00%	$250	-	24 Month Youth HSA CD
1.00%	$500	-	24 Month Roth IRA CD
1.00%	$250	-	24 Month Youth Roth IRA CD
0.80%	$500	-	18 Month IRA CD
0.80%	$250	-	18 Month Youth IRA CD
0.80%	$500	-	18 Month Coverdell ESA CD
0.80%	$250	-	18 Month Youth Coverdell ESA CD
0.80%	$500	-	18 Month HSA CD
0.80%	$250	-	18 Month Youth HSA CD
0.80%	$500	-	18 Month Roth IRA CD
0.80%	$250	-	18 Month Youth Roth IRA CD
0.70%	$500	-	12 Month IRA CD
0.70%	$250	-	12 Month Youth IRA CD
0.70%	$500	-	12 Month Coverdell ESA CD
0.70%	$250	-	12 Month Youth Coverdell ESA CD
0.70%	$500	-	12 Month HSA CD
0.70%	$250	-	12 Month Youth HSA CD
0.70%	$500	-	12 Month Roth IRA CD
0.70%	$250	-	12 Month Youth Roth IRA CD
0.55%	$500	-	6 Month IRA CD
0.55%	$250	-	6 Month Youth IRA CD
0.55%	$500	-	6 Month Coverdell ESA CD
0.55%	$250	-	6 Month Youth Coverdell ESA CD
0.55%	$500	-	6 Month HSA CD
0.55%	$250	-	6 Month Youth HSA CD
0.55%	$500	-	6 Month Roth IRA CD
0.55%	$250	-	6 Month Youth Roth IRA CD

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

FREEDOM
NCUA #	60275
BankRate Report	View
Year Chartered	1934
Employees	108
Primary Regulator
Assets and Liabilities
Assets	$532.93 million
Loans	$240.92 million
Deposits	$480.83 million
Equity Capital	$50.22 million
Loan Loss Allowance	$3.25 million
Unbacked Noncurrent Loans	$1.11 million
Real Estate Owned	$645,000
Historic Data - December 2010
Assets	$472.45 million
Equity Capital	$45.31 million
Loan Loss Allowance	$3.51 million
Unbacked Noncurrent Loans	$1.76 million
Profit Margin - Quarterly
Net Interest Margin	5.38%
Return on Assets	0.84%
Return on Equity	8.94%
Interest Income	$17.52 million
Non-Interest Income	$12.87 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Freedom Credit Union (PA) had $1.76 million in non-current loans and owned real-estate with $53.47 million in equity and loan loss allowances on hand to cover it. This gives Freedom Credit Union (PA) a Texas Ratio of 3.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Freedom Credit Union (PA) held steady from 3.61% as of December 31, 2010 to 3.28% as of December 31, 2011, resulting in a positive change of 9.06%.This indicates that the balance sheet and financial strength for Freedom Credit Union (PA) has held steady in recent periods.
Deposit Growth
In the past year, Freedom Credit Union (PA) has increased its total deposits by $55.42 million, resulting in 13.03% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Freedom Credit Union (PA) has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Freedom Credit Union (PA) has $532.93 million in assets with $53.47 million in equity, resulting in a capitalization level of 10.03%, which is above average.