Credit union · NCUA insured
Freedom Federal Credit Union
Top CarrotA $563.7M credit union headquartered in Bel Air, MD, with 43,167 members and 8 branches in Maryland. Best rates: CDs 3.80% and savings 0.45% APY.
Freedom Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 98% of U.S. banks and credit unions
#3 of 47 in Baltimore, MD metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Freedom Federal Credit Union
Founded in 1953 as MATCOM Federal Credit Union, Freedom Federal Credit Union is a credit union operating eight branches across Maryland.
After expanding its community charter to Baltimore County in 2020 and Baltimore City and Carroll County in 2023, Freedom serves individuals, families, and businesses across these four communities.
- Headquarters
- 2019 Emmorton Rd, Bel Air, MD 21015
- NCUA charter
- 8550
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, volunteer, or attend school in Baltimore City, Baltimore County, Carroll County, and Harford County are eligible for membership.
Employers and groups
- Businesses located in Baltimore City, Baltimore County, Carroll County, or Harford County are eligible for membership.
Family and household
- Families of individuals who live, work, worship, volunteer, or attend school in Baltimore City, Baltimore County, Carroll County, and Harford County are eligible for membership.
Cost to join
- Establish a business membership with a $1.00 deposit into a Business Savings Account.
Branches
8 branches in Maryland
Loading map…
Maryland
8 branches
- Park AvenueMain office2019 Emmorton Rd, Bel Air, MD 21015Directions
- Fountain Green1304 E Churchville Rd, Bel Air, MD 21014Directions
- Forest Lakes1990 Rock Spring Rd, Forest Hill, MD 21050Directions
- Edgewood8213 Hoadley Rd, Bldg E5002, Gunpowder, MD 21010Directions
- Swan Creek2025 Pulaski Hwy, Havre de Grace, MD 21078Directions
- Hunt Valley40 Schilling Rd, Hunt Valley, MD 21031Directions
- Honeygo5000 Honeygo Center Dr, Perry Hall, MD 21128Directions
- Pikesville1809 Reisterstown Rd, Suite 151, Pikesville, MD 21208Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 8.66% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.55% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.68% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $86 | $76 | — |
- CapitalNet worth ratio8.66%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.55%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.68%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$86Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Freedom Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.