Credit union · NCUA insured
Freedom First
A $1.2B credit union, the 402nd largest of 4,329, headquartered in Roanoke, VA, with 62,937 members and 14 branches in Virginia. Best rates: CDs 4.65% and savings 3.25% APY.
Freedom First Carrot Score
72
Carrot Score
Higher than 31% of U.S. banks and credit unions
#12 of 19 in Roanoke, VA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Freedom First
Founded in 1956, Freedom First is headquartered in Roanoke, Virginia.
Operating as a member-owned financial cooperative, it converted to a rural district charter serving communities across Central and Southwest Virginia.
The credit union is certified as a Community Development Financial Institution (CDFI) and designated as a Juntos Avanzamos credit union.
- Headquarters
- 207 Bullitt Ave SE, Roanoke, VA 24013
- NCUA charter
- 11111
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Any person, business, or legal entity who lives, works (or regularly conducts business in), worships, or attends school in Freedom First's service area is eligible for membership.
Branches
14 branches in Virginia
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Virginia
14 branches
Roanoke area · 9
- Daleville Branch1171 Roanoke Rd, Daleville, VA 24083Directions
- Bonsack Branch3565 Orange Ave NE, Roanoke, VA 24012Directions
- Crossroads 50025002 Cross RD, Roanoke, VA 24012Directions
- Downtown102 Campbell Ave SW, Roanoke, VA 24011Directions
- Tanglewood4203 Electric Rd, Roanoke, VA 24018Directions
- Towers2221 Colonial Ave SW, Roanoke, VA 24015Directions
- West End1210 Patterson Ave SW, Roanoke, VA 24016Directions
- Salem1235 Electric Rd, Salem, VA 24153Directions
- Vinton203 W Virginia Ave, Vinton, VA 24179Directions
Blacksburg area · 3
- Prices Fork2701 Prices Fork RD, Blacksburg, VA 24060Directions
- South Main1204 S Main St, Blacksburg, VA 24060Directions
- Christiansburg417 N Franklin St, Christiansburg, VA 24073Directions
Lynchburg area · 2
- Langhorne2102 Langhorne RD, Lynchburg, VA 24501Directions
- Timberlake7815 Timberlake RD, Lynchburg, VA 24502Directions
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 | 10.89% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.48% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 0.56% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $106 | $88 | — |
- CapitalNet worth ratio10.89%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.48%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets0.56%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$106Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more 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 First are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.