Freedom Federal Credit Union (MD)


Overview / Commentary
410-676-5700
2019 Emmorton Rd
Bel Air, MD 21015

Freedom Federal Credit Union (MD) is headquartered in Bel Air and is the 18th largest credit union in the state of Maryland. It is also the 767th largest credit union in the nation. It was established in 1953 and as of September of 2024, it had grown to 100 employees and 32,385 members at 6 locations. Freedom Federal Credit Union (MD) has a B health rating.

Field of Membership Restrictions

Membership in Freedom Federal Credit Union is open to those who live, work, worship, attend school, or volunteer in the Maryland counties of Baltimore or Harford. Immediate family of current members or membership-eligible individuals are also eligible to join.
See current membership details

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Health

Health Grade Components

Overall
NCUA #8550
Year Chartered1953
Employees100
Primary Regulator
Profit Margin
Return on Assets - YTD0.04%
Return on Equity - YTD0.55%
Annual Interest Income$18.2MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$466.9MM$430.8MM
LoansQ3 2024vs Q3 2023$359.7MM$378.4MM
DepositsQ3 2024vs Q3 2023$408.9MM$372.4MM
Equity CapitalQ3 2024vs Q3 2023$34.9MM$34.3MM
Loan Loss AllowanceQ3 2024vs Q3 2023$2.6MM$2.3MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$5.8MM$4.4MM
Real Estate OwnedQ3 2024vs Q3 2023$0$182K
Rates

Rates for Freedom Federal Credit Union (MD) are currently being reviewed.

Locations


Freedom Federal Credit Union (MD) Locations
Branch Office1990 Rock Spring RdForest Hill, MD 21050
Branch Office8213 Hoadley Rd Bldg E5002Gunpowder, MD 21010
Branch Office2019 Emmorton RdBel Air, MD 21015
Branch Office1304 E Churchville RdBel Air, MD 21014
Branch Office2025 Pulaski HwyHavre De Grace, MD 21078-2144
Branch Office5000 Honeygo Center DrPerry Hall, MD 21128

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