Overview / Commentary
413-739-6961
1976 Main St
Springfield, MA 01103-1010

Freedom Credit Union is headquartered in SPRINGFIELD and is the 26th largest credit union in the state of Massachusetts. It is also the 563rd largest credit union in the nation. It was established in 1986 and as of June of 2018, it had grown to 100 employees and 28,009 members at 10 locations. Freedom Credit Union has a B+ health rating.

Field of Membership Restrictions

Freedom Credit Union of Massachusetts is open to the residents, college students, and the people that maintain employment within these qualified counties: Hampden, Hampshire, Franklin, and Berkshire as well as the family members of current credit union members.
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Health
B+

Health Grade Components

Overall
NCUA #66824
Year Chartered1986
Employees100
Primary Regulator
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD5.08%
Annual Interest Income$8.6MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$491.4MM$487.9MM
LoansQ2 2018vs Q2 2017$327.2MM$311.1MM
DepositsQ2 2018vs Q2 2017$380.1MM$397.3MM
Equity CapitalQ2 2018vs Q2 2017$76.9MM$73.9MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.3MM$2.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.4MM$1.2MM
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Freedom Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Freedom Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$5-IRA Savings Account
0.05%$5-Share (Savings Account)
0.05%$5-Club Accounts
0.05%--Business Savings Account

Freedom Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$75k*-Money Market Account
OTHER TIERS: 0.25% $5 - $25k | 0.30% $25k - $50k | 0.35% $50k - $75k
0.40%*$75k*-Business Money Market
OTHER TIERS: 0.25% $5 - $25k | 0.30% $25k - $50k | 0.35% $50k - $75k

Freedom Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$5$100kFreedom NOW
OTHER TIERS: 0.20% $100k+
0.40%*$75k*-Business Dividend Checking
OTHER TIERS: 0.25% $5 - $25k | 0.30% $25k - $50k | 0.35% $50k - $75k
0.05%$5-NOW (Checking Account)
0.05%$5-Forever Freedom Checking

Freedom Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$500-60 Month CD
2.20%$500-24 Month CD
2.00%$500-48 Month CD
2.00%$1k-20 Month CD Special
1.75%$500-36 Month CD
1.25%$500-18 Month CD
0.95%$500-12 Month CD
0.50%$500-6 Month CD
0.50%$500-9 Month CD

Freedom Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$500-60 Month IRA
2.20%$500-24 Month IRA
2.00%$500-48 Month IRA
2.00%$1k-20 Month IRA Special
1.75%$500-36 Month IRA
1.25%$500-18 Month IRA
0.95%$500-12 Month IRA
0.50%$500-6 Month IRA
0.50%$500-9 Month IRA
Locations


Cities: CHICOPEE, EASTHAMPTON, FEEDING HILLS, GREENFIELD, LUDLOW, NORTHAMPTON, Springfield, SPRINGFIELD, TURNERS FALLS

CHICOPEE Branches
Branch Office1976 MEMORIAL DRCHICOPEE, MA 01020

EASTHAMPTON Branches
Branch Office422B MAIN STEASTHAMPTON, MA 01027

FEEDING HILLS Branches
Branch Office959 SPRINGFIELD STFEEDING HILLS, MA 01030

GREENFIELD Branches
Branch Office74 MAIN STGREENFIELD, MA 01301

LUDLOW Branches
Branch Office645 CENTER STLUDLOW, MA 01056

NORTHAMPTON Branches
Branch Office226 KING STNORTHAMPTON, MA 01060

Springfield Branches
Branch Office1300 STATE STSpringfield, MA 01109-2553

SPRINGFIELD Branches
Branch Office296 COOLEY STSPRINGFIELD, MA 01128-1145
Branch Office1976 MAIN STSPRINGFIELD, MA 01103-1010

TURNERS FALLS Branches
Branch Office191 AVENUE ATURNERS FALLS, MA 01376

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