Freedom Credit Union is headquartered in SPRINGFIELD and is the 26th largest credit union in the state of Massachusetts. It is also the 590th largest credit union in the nation. It was established in 1986 and as of December of 2021, it had grown to 98 employees and 31,655 members at 10 locations. Freedom Credit Union has an A+ health rating.
Freedom Credit Union is open to those who live, work, or attend college in Berkshire, Franklin, Hampden, or Hampshire County. Eligibility also extends to the immediate family of current credit union members.
See current membership details
Overall | |
---|---|
NCUA # | 66824 |
Year Chartered | 1986 |
Employees | 98 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.67% |
Return on Equity - YTD | 4.77% |
Annual Interest Income | $18.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $649.8MM$593.6MM |
Loans | Q4 2021vs Q4 2020 | $446.2MM$400.0MM |
Deposits | Q4 2021vs Q4 2020 | $526.9MM$485.2MM |
Equity Capital | Q4 2021vs Q4 2020 | $90.2MM$87.6MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $2.7MM$3.1MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.1MM$2.1MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $465.00K$994.00K |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.15% | $5 | - | IRA Savings Account | |
0.05% | $5 | - | Vacation Club Accounts | |
0.05% | $5 | - | Share (Savings Account) | |
0.05% | $5 | - | Holiday Club | |
0.05% | - | - | Business Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $75k* | - | Business Dividend Checking | ||
OTHER TIERS: 0.10% → $5 - $25k | 0.15% → $25k - $75k | |||||
0.05% | - | - | Advantage Checking | ||
0.05% | - | - | Essential Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.70% | $500 | - | 60 Month CD | |
0.50% | $500 | - | 48 Month CD | |
0.40% | $500 | - | 36 Month CD | |
0.35% | $500 | - | 24 Month CD | |
0.25% | $500 | - | 18 Month CD | |
0.20% | $500 | - | 12 Month CD | |
0.15% | $500 | - | 6 Month CD | |
0.15% | $500 | - | 9 Month CD |
CHICOPEE Branches | ||
---|---|---|
Branch Office | 1976 MEMORIAL DR | CHICOPEE, MA 01020 |
EASTHAMPTON Branches | ||
---|---|---|
Branch Office | 422B MAIN ST | EASTHAMPTON, MA 01027 |
FEEDING HILLS Branches | ||
---|---|---|
Branch Office | 959 SPRINGFIELD ST | FEEDING HILLS, MA 01030 |
GREENFIELD Branches | ||
---|---|---|
Branch Office | 74 MAIN ST | GREENFIELD, MA 01301 |
LUDLOW Branches | ||
---|---|---|
Branch Office | 645 CENTER ST | LUDLOW, MA 01056 |
NORTHAMPTON Branches | ||
---|---|---|
Branch Office | 226 KING ST | NORTHAMPTON, MA 01060 |
SPRINGFIELD Branches | ||
---|---|---|
Branch Office | 296 COOLEY ST | SPRINGFIELD, MA 01128-1145 |
Branch Office | 1976 MAIN ST | SPRINGFIELD, MA 01103-1010 |
TURNERS FALLS Branches | ||
---|---|---|
Branch Office | 191 AVENUE A | TURNERS FALLS, MA 01376 |
West Springfield Branches | ||
---|---|---|
Branch Office | 58 Union St | West Springfield, MA 01089 |