FREEDOM FIRST Credit Union Profile

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FREEDOM FIRST

Charter #11111 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (540) 389-0244

Fax:

Founding Date: N/A

Website: http://www.freedomfirst.com

Personnel & Operations

President: Lowen, David

Manager: Phillips, Paul

FT Employees: 220

PT Employees: 7

Designations & Ratios

MDI Status: No

RBC Ratio: 12.5%

Membership Type: 66

Branches: 15

Hours: Mon - Fri 8-5

Credit Union Profile Summary

FREEDOM FIRST is a FCU Credit Union. With a total of 62,597 members [1], this institution manages approximately $1,171,177,053 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.79% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.71% [1].

Financial Snapshot

Total Assets [1]
$1,171,177,053

Total economic resources.

Total Loans [1]
$988,159,574

Total value of outstanding loans.

Total Deposits [1]
$968,558,804

Total funds deposited by members.

Members [1]
62,597

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.79%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.60%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
102.02%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.69%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-0.71%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.92%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

207 Bullitt Ave SE

Roanoke, VA, 24013

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 15 branches reported by FREEDOM FIRST (Charter #11111).

Main Office

Operations - Downtown HQ Main Office

Type: Corporate Office

207 Bullitt Ave SE

Roanoke, VA 24013

Phone: (540) 389-0244

Services: None specified

Open in Directions

Additional Branches

Blacksburg

Prices Fork

Type: Branch Office

2701 Prices Fork RD

Blacksburg, VA 24060

Phone: (540) 389-0244

Services: Member Services, ATM, Drive-Thru

Open in Directions

Christiansburg

Christiansburg

Type: Branch Office

417 N Franklin St

Christiansburg, VA 24073-2939

Phone: (540) 389-0244

Services: Member Services, ATM, Drive-Thru

Open in Directions

Daleville

Daleville Branch

Type: Branch Office

1171 Roanoke Rd

Daleville, VA 24083-2917

Phone: (540) 427-6650

Services: Member Services, ATM, Drive-Thru

Open in Directions

Roanoke

108 Campbell

Type: Corporate Office

108 Campbell Ave SW

Roanoke, VA 24011

Phone: (540) 389-0244

Services: Member Services

Open in Directions

Bonsack Branch

Type: Branch Office

3565 Orange Ave NE

Roanoke, VA 24012

Phone: (540) 389-0244

Services: Member Services, ATM, Drive-Thru

Open in Directions

Crossroads 5002

Type: Branch Office

5002 Cross RD

Roanoke, VA 24012

Phone: (540) 389-0244

Services: Member Services, ATM, Drive-Thru

Open in Directions

Downtown

Type: Branch Office

102 Campbell Ave SW

Roanoke, VA 24011

Phone: (540) 389-0244

Services: Member Services

Open in Directions

Operations

Type: Corporate Office

5240 Valleypark Dr

Roanoke, VA 24019-3002

Phone: (866) 389-0244

Services: None specified

Open in Directions

Operations - Addt'l

Type: Corporate Office

5305 Valleypark Dr Ste 9

Roanoke, VA 24019-3082

Phone: (540) 389-0244

Services: Member Services

Open in Directions

Tanglewood

Type: Branch Office

4203 Electric Rd

Roanoke, VA 24018

Phone: (540) 389-0244

Services: Member Services, ATM, Drive-Thru

Open in Directions

Towers

Type: Branch Office

2221 Colonial Ave SW

Roanoke, VA 24015-3208

Phone: (540) 342-4515

Services: Member Services, ATM

Open in Directions

West End

Type: Branch Office

1210 Patterson Ave SW

Roanoke, VA 24016-3306

Phone: (540) 389-0244

Services: Member Services, ATM

Open in Directions

Salem

Salem

Type: Branch Office

1235 Electric Rd

Salem, VA 24153

Phone: (540) 389-0244

Services: Member Services, ATM, Drive-Thru

Open in Directions

Vinton

Vinton

Type: Branch Office

203 W Virginia Ave

Vinton, VA 24179-3317

Phone: (540) 981-2630

Services: Member Services, ATM, Drive-Thru

Open in Directions