FREEDOM OF MARYLAND Credit Union Profile

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FREEDOM OF MARYLAND

Charter #8550 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (410) 676-5700

Fax: (443) 512-8389

Founding Date: N/A

Website: http://www.freedomfcu.org

Personnel & Operations

President: Ermatinger, Lisa

Manager: MacPherson, Michael

FT Employees: 123

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 11.52%

Membership Type: 00

Branches: 8

Hours: Lobby Hours: Monday - Thursday:9 AM to 5 PM

Credit Union Profile Summary

FREEDOM OF MARYLAND is a FCU Credit Union. With a total of 42,736 members [1], this institution manages approximately $570,447,927 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 8% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 20.90% [1].

Financial Snapshot

Total Assets [1]
$570,447,927

Total economic resources.

Total Loans [1]
$435,293,577

Total value of outstanding loans.

Total Deposits [1]
$511,691,700

Total funds deposited by members.

Members [1]
42,736

Number of active members.

Performance Ratios

Net Worth Ratio [1]
8%

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]
0.43%

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

Loan-to-Share Ratio [1]
85.07%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 19.74%

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

Loan Growth (4Q) [1]
↑ 20.90%

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

Member Growth (4Q) [1]
↑ 30.61%

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

Headquarters Location & Map

Headquarters Address

2019 Emmorton Rd

Bel Air, MD, 21015
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 6 branches reported by FREEDOM OF MARYLAND (Charter #8550).

Main Office

Park Avenue Main Office

Type: Corporate Office

2019 Emmorton Rd

Bel Air, MD 21015

Phone: (410) 676-5700

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Bel Air

Fountain Green

Type: Branch Office

1304 E Churchville Rd

Bel Air, MD 21014

Phone: (410) 676-5700

Services: Member Services, ATM, Drive-Thru

Open in Directions

Forest Hill

Forest Lakes

Type: Branch Office

1990 Rock Spring Rd

Forest Hill, MD 21050

Phone: (410) 676-5700

Services: Member Services, ATM, Drive-Thru

Open in Directions

Gunpowder

Edgewood

Type: Branch Office

8213 Hoadley Rd

Bldg E5002

Gunpowder, MD 21010

Phone: (410) 676-5700

Services: Member Services, ATM, Drive-Thru

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Havre De Grace

Swan Creek

Type: Branch Office

1830 Pulaski Hwy Ste C

Havre De Grace, MD 21078

Phone: (410) 676-5700

Services: Member Services, ATM

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Perry Hall

HONEYGO

Type: Branch Office

5000 HONEYGO CENTER DR

Perry Hall, MD 21128

Phone: (410) 676-5700

Services: Member Services, ATM, Drive-Thru

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