Credit union · NCUA insured
Freedom Credit Union Savings Rates
Freedom Credit Union’s best savings rate is 1.45% APY on $10,000, with its Premium Money Market Account. Rates checked October 15, 2026.
How Freedom Credit Union’s savings rates compare
Compared with banks and credit unions near Springfield, MA, where Freedom Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Freedom Credit Union
1.45%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $145
Premium Money Market Account
Top rate
Country Bank for Savings
3.60%APY
- Requires
- Another account
- Minimum
- $10
- Earns on $10,000 a year
- $360
2nd-highest rate
Polish National Credit Union
3.50%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $350
Freedom Credit Union savings score
87
Savings score
Higher than 77% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0001.45%
- $100,000 balance$100,0002.65%
- QualifiedQualified1.45%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Freedom Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Premium Money Market Account
1.45%APY
Minimum balance of $5,000 required to open and to earn advertised APY. No monthly maintenance fee.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Balance tier $0–$4,999.99 | 0.00% | — | Balance tier $0–$4,999.99 |
| $5,000 – $25,000Balance tier $5,000–$24,999.99 | 1.45% | $145 | Balance tier $5,000–$24,999.99 |
| $25,000 – $50,000Balance tier $25,000–$49,999.99 | 1.75% | — | Balance tier $25,000–$49,999.99 |
| $50,000 – $100,000Balance tier $50,000–$99,999.99 | 2.00% | — | Balance tier $50,000–$99,999.99 |
| $100,000 – $500,000Balance tier $100,000–$499,999.99 | 2.65% | — | Balance tier $100,000–$499,999.99 |
| $500,000 – $1,000,000Balance tier $500,000–$999,999.99 | 3.15% | — | Balance tier $500,000–$999,999.99 |
| $1,000,000 – $1,000,000,000Balance tier $1,000,000 and above | 3.15% | — | Balance tier $1,000,000 and above |
Money Market Account
0.20%APY
Requires a $2,000 minimum opening deposit. A $2,000 minimum daily balance must be maintained to avoid a minimum balance fee. A minimum balance of $5 must be maintained to earn the advertised APY.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Minimum balance of $5 to earn APY; minimum daily balance of $2,000 required to avoid fee. | 0.20% | $20 | Minimum balance of $5 to earn APY; minimum daily balance of $2,000 required to avoid fee. |
| $25,000 – $50,000Minimum daily balance of $2,000 required to avoid fee. | 0.25% | — | Minimum daily balance of $2,000 required to avoid fee. |
| $50,000 – $75,000Minimum daily balance of $2,000 required to avoid fee. | 0.30% | — | Minimum daily balance of $2,000 required to avoid fee. |
| $75,000 and upMinimum daily balance of $2,000 required to avoid fee. | 0.35% | — | Minimum daily balance of $2,000 required to avoid fee. |
Share (Savings Account)
0.05%APY
The Main Share Savings account establishes credit union member-ownership. Dividend rate and annual percentage yield may change at any time as determined by the Board of Directors.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upA $5 minimum balance is required to open the account and must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned.$5 and up | 0.05% | $5 | A $5 minimum balance is required to open the account and must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. |
Special-purpose accounts
IRA Savings Account
0.15%APY
Dividend rate and annual percentage yield may change at any time as determined by the Board of Directors.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upA $5 minimum balance is required to open the account and must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned.$5 and up | 0.15% | $15 | A $5 minimum balance is required to open the account and must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. |
Club Accounts
0.05%APY
Designed to encourage savings for specific goals such as Holiday Club and Vacation Club accounts. Dividend rate and annual percentage yield may change at any time as determined by the Board of Directors.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upA $5 minimum balance is required to open the account and must be maintained to earn the advertised annual percentage yield. Early withdrawal fee applies per withdrawal. Effective fees may reduce dividend earned.$5 and up | 0.05% | $5 | A $5 minimum balance is required to open the account and must be maintained to earn the advertised annual percentage yield. Early withdrawal fee applies per withdrawal. Effective fees may reduce dividend earned. |
Who can join Freedom Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, or attends school in Hampden, Hampshire, Franklin, or Berkshire counties in Massachusetts, or Hartford or Tolland counties in Connecticut.
Family and household
- Family members of an existing member are eligible to join regardless of where they live or work.
Cost to join
- Membership requires a $5 deposit into a Share Savings Account.
Membership information collected October 5, 2026.