FREEDOM FIRST

Headquarters

5240 Valleypark Drive
Roanoke, VA 24019
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 0.91% →
1-Year CD 0.60% 0.85% →
2-Year CD 0.70% 0.95% →
5-Year CD 1.35% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Freedom First is an NCUA insured institution located in Roanoke, VA. It was founded in 1956 and has approximately $678.37 millions in assets.

Who can join?

Anyone who lives, works, worships, goes to school, or supports a charity in Botetourt, Craig, Franklin, Montgomery, and Roanoke Counties; the cities of Radford, Roanoke, and Salem; and the town of Vinton is eligible to join.

NCUA Insured Yes
Charter Number # # 11111
Date Established 1956
Assets $678.37 million
Loans $521.28 million
Deposits $516.15 million
Capital $66.62 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school, or own a business anywhere in Botetourt, Craig, Franklin, Montgomery, and Roanoke Counties, Virginia, or the cities of Roanoke, Radford, Salem, and Vinton.

Deposit Rates - November 30, 2020

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.01% $2,500 $4,999 Learn More
Money Market
0.01% $10,000 $14,999 Learn More
Money Market
0.01% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.25% $10,000 $14,999 Learn More
48 Mo CD
1.25% $100,000 $199,999 Learn More
60 Mo CD
1.35% $10,000 $14,999 Learn More
60 Mo CD
1.35% $100,000 $199,999 Learn More

Loan Rates - November 30, 2020

Your Current Location: Washington, WA 98101

There are currently no loan rates available for FREEDOM FIRST

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.557% 2.500% 0.75 $1,880 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to FREEDOM FIRST
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Freedom First branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Freedom First Locations


Financial Details

Freedom First Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Freedom First. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Freedom First U.S. Average
7.23% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Freedom First had $4,779,125 in non-current loans and $305,992 in owned assets. To cover these potential losses it had $66,623,700 in net worth and $3,673,690 in loans loss reserves. That gives it a Texas Ratio of 7.23%.

Net Worth
Freedom First U.S. Average
9.82% 13.61%

Freedom First FCU has a net worth of 9.82% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Freedom First

Branches and Savings

What is Freedom First?

A federal credit union, registered with the NCUA under certificate #11111.
Learn more about credit unions here.

Is Freedom First FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Freedom First?

Please see Field of Membership information above for information on who is eligible to join.

What are Freedom First's share account and share certificate rates?

Freedom First's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Freedom First?

Freedom First has total capital of $66.62 million. Full information on Freedom First's financial position is located above.

Who owns Freedom First?

Credit Unions are owned by their members.

Where are Freedom First branches located?

See branch locations nearby.

Are Freedom First ATMs Open 24/7?

Do Freedom First ATMs accept cash deposits?

Can Freedom First customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Freedom First have a mobile app?

Does Freedom First have mobile deposit?

Does Freedom First have quick pay?

How can Freedom First transfer money to other banks or credit unions?

Does Freedom First report to credit bureaus?

Does Freedom First use Chexsystems?

Does Freedom First use Equifax?

What is Freedom First's toll free phone number?

What is Freedom First's ACH Routing Number?

What is Freedom First's SWIFT code?

Where can I find Freedom First's wire transfer form?

What is the Freedom First address for deposits?

What Products Does Freedom First Offer

Does Freedom First offer mortgages?

Compare mortgage rates here.

Does Freedom First offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Freedom First offer auto and RV loans?

Compare auto loan rates here.

Does Freedom First offer student loans or personal loans?

Compare personal loan rates here.

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