Freedom First Credit Union Roanoke VA | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Freedom First, your trusted partner in financial wellness since 1956. Located at 5002 Cross Rd, Roanoke, VA 24012, our credit union is dedicated to empowering our community through exceptional service and a wide range of financial products. With a membership base of over 69,000 individuals, we pride ourselves on providing personalized banking experiences that cater to the unique needs of each member. At Freedom First, we understand that financial decisions can be daunting. That's why we're here to help you every step of the way. Whether you're looking for a new auto loan or want to explore options for home financing, our knowledgeable team is committed to guiding you with integrity and care. Our total assets of $1,168,696,035 reflect our stability and commitment to serving you better. While members can visit us at our branch location, official correspondence should be sent to 5240 Valleypark Dr, Roanoke, VA 24019-3002. Feel free to reach out via phone at 540-389-0244 or visit our website at Freedom First for more information about our services. Led by our CEO Paul Phillips and Board President Wayne Strickland, our dedicated staff of 221 employees is here to ensure that you have access to everything from checking and savings accounts to business loans and mortgage refinancing. With total deposits reaching $36,484,296 and an impressive net worth of $112,468,858, we are well-equipped to meet your financial needs. Join us today and experience the difference of being part of a credit union that truly cares about its members. Whether you're visiting us in person or exploring online options like mobile banking or person-to-person payments, we look forward to helping you achieve your financial goals!

Branch History & Mission

Freedom First, located at 5002 Cross Rd in Roanoke, VA, has been a cornerstone of the community since it opened its doors in 1956. With a mission to provide accessible financial services and foster community well-being, Freedom First has grown significantly over the years. Today, we proudly serve a total membership of 69,029 individuals, supporting them with a wide range of financial products and services. From our humble beginnings, Freedom First has built a legacy of trust and commitment to our members. Our journey reflects not just growth in numbers but also an unwavering dedication to enhancing the lives of those we serve. As we evolved through the decades, our total assets have reached an impressive $1,168,696,035. This achievement underscores our ability to provide stability and security for our members. Our mission is simple yet powerful: we strive to empower our members through financial education and support while actively contributing to the growth and welfare of the Roanoke community. We believe that when our members thrive, so does our community. This belief drives us to engage in various outreach programs and partnerships that uplift those around us. While you can visit us at our branch location on Cross Rd for personal assistance, official correspondence should be directed to 5240 Valleypark Dr, Roanoke, VA 24019-3002. Our operating hours are convenient for busy schedules: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12 PM. For those who prefer banking on the go, we also offer ATM services and drive-thru banking options. At Freedom First, we embrace modern technology by providing online and mobile banking solutions that make managing finances easier than ever. We prioritize accessibility by ensuring our facilities comply with ADA standards, allowing everyone in our community to benefit from our services. As we look ahead, we invite you to become part of our family at Freedom First. Experience firsthand how we can assist you in reaching your financial goals while positively impacting your community. Join us today and see how together we can make a difference! For more information or to open an account, visit our website or call us at 540-389-0244.

Branch Location & Accessibility

Get in Touch

Have questions or need more information? Don't hesitate to call us at 540-389-0244! We invite you to come visit Freedom First today and experience how we can help you achieve your financial goals. Your journey towards better banking starts here!

Operating Hours

At Freedom First, we value your time. That's why we keep our doors open Monday through Thursday from 9 AM to 5 PM and Friday until 6 PM. If you're on the go, take advantage of our drive-thru service available Monday through Friday from 8 AM to 6 PM and Saturday from 9 AM to 12 PM. We're committed to making banking as easy as possible!

Parking & Accessibility

We understand that accessibility is important. Our branch offers ample parking for members, including designated spaces for individuals with disabilities. You'll find our entrance welcoming with ADA-compliant features like ramps to ensure everyone can access our services without any hassle.

Services Available

Whether you need assistance with personal banking such as checking and savings accounts, or looking for vehicle financing options, our friendly staff is ready to help. We also offer mortgage loans, credit cards with rewards, and business banking solutions tailored just for you. Plus, enjoy the convenience of ATM services right at our branch! While members can visit us at 5002 Cross Rd Roanoke Va 24012, official correspondence should be sent to our mailing address at 5240 Valleypark Dr, Roanoke, VA 24019-3002.

Member Eligibility

At Freedom First, we believe that becoming a member means joining a welcoming community where your financial well-being is our priority. If you're wondering whether you can join us, eligibility is straightforward and inclusive. Typically, you can become a member if you live, work, worship, or attend school in our service area. We also welcome family members of existing members! This means that even if you don't fit into the usual criteria but have a loved one who does, you can still be part of our family. Plus, as a member of Freedom First, you'll enjoy various benefits like personalized banking services and competitive loan rates. To learn more about the specific requirements for membership, please visit our detailed eligibility page at http://www.freedomfirst.com/about-us/who-we-are/membership-eligibility. When you're ready to open an account, the process is simple! You can get started online through this link: https://apply.freedomfirst.com/cu/viewsubmittedloans.aspx?enc=kw21wblm1yxpjjabdozadwvncngeo8n0klsfjprz1ftt3toc2cyouujuzurhtv6f or give us a call at (540) 389-0244. We're here to help you every step of the way at our branch located at 5002 Cross Rd Roanoke Va 24012!

Business Banking & Commercial Services

Practical Merchant Services

When it comes to managing your day-to-day transactions, our merchant services provide the tools you need to streamline operations. Imagine being able to accept payments easily, track sales effectively, and access funds quickly all essential for running a successful business. Located at 5002 Cross Rd Roanoke Va 24012 in Roanoke, VA, our dedicated team is ready to assist you. Connect with us today at (540) 389-0244 and discover how we can empower your business journey!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $897 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $6 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $490,850,324, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Auto Loans & Vehicle Financing

If you're in the market for a new car or truck, our auto loans and vehicle financing options make it easy to get behind the wheel without breaking the bank. Picture driving off in your dream vehicle with flexible terms that suit your budget. We work with you to find competitive rates and repayment plans that fit your financial situation.

Business Banking

For local businesses, we offer comprehensive business banking solutions including merchant services and business loans. If you're looking to expand or manage day-to-day operations more efficiently, our dedicated team understands the unique challenges businesses face and is here to support you.

Convenient Access

We understand that convenience matters. That's why we provide ATM services for quick cash withdrawals and balance checks. Our drive-thru service allows you to complete simple transactions without leaving your car ideal for busy days! At Freedom First, we are committed to making banking easier for everyone in Roanoke and beyond. Whether you're visiting us in person or accessing services online through our website at freedomfirst.com, we're here for all your financial needs. Ready to take the next step? Call us today at 540-389-0244 or visit us at our branch location! Let's achieve great things together!

Credit Cards with Rewards

Our credit cards come with rewards that turn everyday purchases into benefits! You can earn points on everything from groceries to gas points that can be redeemed for travel, merchandise, or cash back. It's our way of saying thank you for choosing Freedom First.

Mortgage Loans & Refinancing

Are you thinking about buying a home or refinancing your current mortgage? Our mortgage loan services provide guidance every step of the way. Whether you're a first-time homebuyer or looking to lower your monthly payments, our team will help tailor a solution that works for you.

Personal Banking

When it comes to personal banking, Freedom First offers a variety of checking and savings accounts designed to fit your lifestyle. Imagine easily managing your day-to-day expenses while also saving for future goals all from the comfort of your home or on the go through our user-friendly online and mobile banking platforms. With features like e-statements and mobile payments, you can track your finances effortlessly.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses at us, but with our personal loans and debt consolidation options, you're not alone in facing them. We help simplify your finances by combining multiple debts into one manageable payment, allowing you to focus on what truly matters.

Digital & Online Banking

Key Features

Imagine having the power to handle your banking needs right from your smartphone or computer. Our user-friendly mobile application allows you to check balances, pay bills, and transfer money with just a few taps. Plus, our mobile payments feature makes it simple to make purchases without carrying cash or cards. Need to send money to a friend? Our person-to-person transfer service lets you do that quickly and securely. And if you're looking to go paperless, we offer electronic statements for easy access and management of your account documents no more clutter!

Security and Accessibility

Security is at the heart of everything we do. With electronic signature authorization, your transactions are safe and protected. You can feel confident knowing that your personal information is secure while you enjoy the ease of managing your accounts online. Whether you're at home or on the go, our services ensure that you have real-time access to your financial information. With features like e-statements and mobile banking, staying on top of your finances has never been more accessible or straightforward. So why wait? Join us at Freedom First today and discover how our digital banking services can make managing your money easier than ever!

Financial Strength

A Growing Community

We currently have a total of 106,752 share accounts, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending stand at $0, indicating that we focus on utilizing our resources effectively for the benefit of our members. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Freedom First is your trusted partner. Visit us at 5002 Cross Rd Roanoke Va 24012 or call 540-389-0244 to learn more about how we can help you achieve your financial goals.

Commitment to Excellence

Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 219 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Member-Focused Savings

Members' savings are secured through $161,407,250 in share certificates and $311,365,983 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $58,360,552, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Our Strong Foundation

With a net worth of $112,468,858, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 967 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvesting in Your Future

With $85,004,767 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our total loans and leases amount to $990,578,306, which includes $8,416 in used auto loans. This lending capacity supports our members' financial goals across various sectors.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $134,319,351 in used vehicle loans and $37,496,608 in new vehicle loans already helping members get on the road. Whether you prefer a brand-new model or a trusted used vehicle, our flexible terms and competitive rates can make your purchase easier.

Business Financing

For business owners, our outstanding commercial loans totaling $490,850,324 provide the capital needed to grow and expand. We understand that running a business comes with its challenges, and we're here to support you with tailored financing solutions. At Freedom First, we are committed to helping our members navigate their financial journeys with confidence. For more information on our loan offerings or to discuss which option is right for you, don't hesitate to contact us at (540) 389-0244. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore your borrowing potential today!

Credit Cards and Personal Loans

In addition to auto and mortgage loans, we also offer flexible terms on unsecured credit card loans, with a total of $14,017,837 in loans helping members manage their finances effectively. Whether you need funds for an unexpected expense or want to consolidate debt, our personal loan options may be just what you need.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $50,133,916, make buying or refinancing simple. We provide guidance throughout the process to ensure you find the right fit for your financial situation. If you're considering refinancing your current mortgage, ask us about eligibility options that could help lower your monthly payments.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Comparisons

LendMesh sources its loan data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to sourcing information from reliable institutions guarantees fair and transparent offers.

FREEDOM FIRST FEDERAL CREDIT UNION - Roanoke, VA

Type of Loan Offerings

Home Equity Loans

Personal Loans

Vehicle Loans

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Loan rates in Roanoke, VA (24012)