Freedom Credit Union

About Freedom Credit Union

Freedom Credit Union Location

P.O. Box 3009
Springfield, MA 01103

Phone: (413) 750-5728
Website: www.freedom.coop
Routing/Transit Number: Not Available

Freedom Credit Union Information

Freedom Credit Union of Springfield, MA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 27067 members and assets of $362,616,593, as compared to the national average of $93 million dollars of assets per credit union. Freedom Credit Union, first opened in 1986 and has been in operation since then. Additionally, Freedom Credit Union has 62 full time employees and 5 part time employees, or 403.985074627 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Freedom Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Freedom Credit Union is a not-for-profit, cooperative, tax-exempt organization.