Freedom Credit Union is a member-owned, not-for-profit financial cooperative serving individuals and businesses in western Massachusetts. It offers personal banking products (checking, savings, money market, CDs), a range of loans (mortgages, home equity, auto, personal) and business banking services (business checking/savings, commercial real estate loans, and other financing). The credit union operates through branch locations and online/mobile banking. Unlike traditional for-profit banks, its earnings are returned to members as lower loan rates, higher savings rates, and fewer fees, reflecting its cooperative ownership structure. Its goal is to provide affordable, accessible financial services that meet the needs of its members while maintaining local control.
Company Size
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Company Stage
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Total Funding
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Headquarters
Springfield, Massachusetts
Founded
1994
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