Sep, 30, 2025 — FREEDOM CREDIT UNION is a federally insured state chartered credit union headquartered in WARMINSTER, PA with 4 branch locations and about $1.42 billion in total assets. Opened 92 years ago in 1934, FREEDOM CREDIT UNION has about 62,199 members and employs 93 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FREEDOM CREDIT UNION |
|---|---|
| Address: (Main Office) | 626 Jacksonville Rd WARMINSTER, PA 18974-4862 |
| Phone: | (215) 612-5900 |
| Fax: | |
| Website: | https://www.freedomcu.org |
| Branches: | 4 branch locations |
| Members: | 62,199 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60275 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,423,508,271 |
| CEO/Manager: | John F King |
| Chairperson: | Christopher McGinley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 353,979,297 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 430,618,469 |
| Unsecured Loans | 88,537,832 |
| Other Loans | 247,864,532 |
| TOTAL LOANS | 767,068,336 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,183,008 |
| Land And Building | 50,001 |
| Other Fixed Assets | 2,175,011 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 10,996,415 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,423,508,271 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,657,618 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 167,810,074 |
| Regular shares | 251,662,580 |
| All Other Shares & Deposits | 805,692,352 |
| TOTAL SHARES & DEPOSITS | 1,225,165,005 |
| TOTAL LIABILITIES | 1,232,822,623 |
| Regular Reserve | 0 |
| Other Reserves | 1,084,724 |
| Undivided Earnings | 189,600,924 |
| TOTAL EQUITY | 190,685,648 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,423,508,271 |
| INCOME & EXPENSE | |
| Loan Income | 32,953,842 |
| Investment Income | 19,931,841 |
| Other Income | 4,497,608 |
| Total Employee Compensation & Benefits | 10,448,488 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 10,830,556 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,900,000 |
| Cost of Funds | 26,371,614 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,860,945 |
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