Freedom Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.75% | 5-year CD | 60 Month CD 2.35% - Synchrony Bank 60 Month CD |
| 0.95% | 1-year CD | 12 Month 95th Anniversary CD Special 1.40% - Synchrony Bank 12 Month CD |
| 0.05% | Savings | Share (Savings Account) |
Freedom Credit Union is headquartered in SPRINGFIELD and is the 25th largest credit union in the state of Massachusetts. It is also the 539th largest credit union in the nation. It was established in 1986 and as of March of 2017, it had grown to 104 employees and 27,674 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.
See current membership details
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66824 |
| Year Chartered | 1986 |
| Employees | 104 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 3.79% |
| Annual Interest Income | $4.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $488.0MM$520.4MM |
| Loans | Q1 2017vs Q1 2016 | $312.0MM$303.4MM |
| Deposits | Q1 2017vs Q1 2016 | $405.6MM$448.2MM |
| Equity Capital | Q1 2017vs Q1 2016 | $72.4MM$70.7MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $2.3MM$2.4MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $1.5MM$3.2MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | - | - | IRA Savings Account | |
| 0.05% | - | - | Vacation Club Accounts | |
| 0.05% | $25 | - | Share (Savings Account) | |
| 0.05% | - | - | Holiday Club Accounts | |
| 0.05% | - | - | Business Savings Account |
Freedom Credit Union Money Market Rates
Freedom Credit Union Checking Account Rates
Freedom Credit Union CD Rates
Freedom Credit Union IRA Rates
| Freedom Credit Union Locations | ||
|---|---|---|
| Branch Office | 422B MAIN ST | EASTHAMPTON, MA 01027 |
| Branch Office | 296 COOLEY ST | SPRINGFIELD, MA 01128-1145 |
| Branch Office | 645 CENTER ST | LUDLOW, MA 01056 |
| Branch Office | 226 KING ST | NORTHAMPTON, MA 01060 |
| Branch Office | 959 SPRINGFIELD ST | FEEDING HILLS, MA 01030 |
| Branch Office | 1976 MAIN ST | SPRINGFIELD, MA 01103-1010 |
| Branch Office | 1976 MEMORIAL DR | CHICOPEE, MA 01020 |
| Branch Office | 74 MAIN ST | GREENFIELD, MA 01301 |
| Branch Office | 1300 STATE ST | Springfield, MA 01109-2553 |
| Branch Office | 191 AVENUE A | TURNERS FALLS, MA 01376 |