Freedom First Credit Union Roanoke VA | Top Business Banking & Auto Loans

Introduction

Welcome to Freedom First, your trusted financial partner located at 1210 Patterson Ave Sw, Roanoke, VA 24016. Since our establishment in 1956, we have been dedicated to serving our community with integrity and care. With a total membership of 69,029 individuals, we pride ourselves on creating meaningful relationships and providing personalized financial solutions. At Freedom First, our commitment to our members is reflected in our impressive financial health. We currently manage over $1.168 billion in assets and have facilitated 28,459 loans, helping members achieve their dreams whether it's buying a new car or securing a home. Our total deposits amount to $36,484,296, showcasing the trust placed in us by our community. While members can visit us at our branch location, official correspondence should be sent to 1210 Patterson Ave, Roanoke, VA 24016. Our team of 221 employees, led by CEO Paul Phillips and Board President Wayne Strickland, is here to provide support and guidance every step of the way. We offer a wide array of services tailored to meet your financial needs including personal banking accounts, auto loans, mortgages, and business banking solutions. Plus, with modern conveniences like online and mobile banking, managing your finances has never been easier. Whether you're looking for help with savings or loans or simply need advice on managing your finances better, we invite you to reach out to us at 540-389-0244. Experience the difference with Freedom First where your financial success is our priority! Visit us today or check out our website at freedomfirst.com for more information.

Branch History & Mission

Commitment to Innovation

As technology evolves, so do we. Freedom First is dedicated to providing digital advancements that enhance your banking experience. Our online and mobile banking services allow you to manage your finances on-the-go conveniently. Whether it's making payments or checking balances, we ensure you have the tools needed for seamless financial management. We also prioritize accessibility by being ADA compliant and offering ATM services for easy cash withdrawals. Although we currently do not offer drive-thru service or shared service center availability, our focus remains on delivering exceptional in-branch experiences during our operating hours of Monday through Friday from 9:00 AM to 5:00 PM. Join us at Freedom First as we continue our journey of growth and community support. Discover the benefits of becoming a member today! Call us at 540-389-0244 or visit our website at Freedom First for more information on how you can be part of something special.

Our Mission

Our mission at Freedom First is clear: to empower our members to achieve their financial goals while fostering a strong sense of community. We believe that every individual deserves access to high-quality financial services tailored to their needs. Our offerings include personal banking such as checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking solutions. Beyond banking, we actively participate in community outreach initiatives that promote financial literacy and support local charities. By partnering with various organizations, we strive to make a positive impact in the lives of those we serve. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to 1210 Patterson Ave, Roanoke, VA 24016 if it differs from our physical location.

Branch Location & Accessibility

Connect With Us

If you have any questions or would like more information about what we offer, don't hesitate to give us a call at 540-389-0244. We look forward to welcoming you into our branch and helping you take the next step toward achieving your financial goals. Come visit us today at Freedom First!

Convenient Access

Parking is available for our members, ensuring that you can stop by without any hassle. Our location is fully ADA compliant, featuring ramps and accessible entrances so that everyone can enjoy our services comfortably. If you need to reach us for official correspondence, please note that our mailing address is also 1210 Patterson Ave, Roanoke, VA 24016.

Operating Hours

We understand that your time is valuable! That's why our lobby hours are designed with your busy schedule in mind. Visit us Monday through Friday from 9:00 AM to 5:00 PM. Whether you have questions about personal banking, need assistance with loans, or want to explore our credit card options, our team is here to help.

Services Offered

At Freedom First, we offer a wide range of services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Need cash? Our ATM is conveniently located on-site for quick withdrawals and balance checks.

Member Eligibility

At Freedom First, we believe that becoming a member is like joining a family where everyone supports one another. If you're looking to join our community, you'll be pleased to know that membership is open to anyone who lives, works, worships, or attends school in the area around 1210 Patterson Ave Sw Roanoke Va 24016. It's an inclusive space designed for individuals just like you! By choosing Freedom First, you gain access to personalized financial services and a friendly team eager to help you reach your goals. Getting started is simple! You can find more detailed information about eligibility by visiting our website at http://www.freedomfirst.com/about-us/who-we-are/membership-eligibility. If you're ready to open an account, it only takes a few easy steps, which you can learn about at https://apply.freedomfirst.com/cu/viewsubmittedloans.aspx?enc=kw21wblm1yxpjjabdozadwvncngeo8n0klsfjprz1ftt3toc2cyouujuzurhtv6f. Should you have any questions, feel free to give us a call at (540) 389-0244; we're here to help!

Business Banking & Commercial Services

Commercial 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.

Merchant Services

Imagine having the ability to streamline your transactions effortlessly. Our merchant services allow you to accept payments easily, whether in-person or online. This means more time for you to focus on what matters most growing your business! Located at 1210 Patterson Ave Sw Roanoke Va 24016 in Roanoke, VA, our dedicated team is ready to help you navigate the financial landscape. Contact us at (540) 389-0244 or visit us today to explore how we can partner with you on your journey to success!

Comprehensive List Of Services

Business Solutions

For entrepreneurs and business owners, we have dedicated Business Banking services that include merchant services and business loans. This means you can focus on growing your business while we handle the banking side. Whether you're starting a new venture or expanding an existing one, Freedom First is here to support your ambitions.

Convenient Access Anytime

Our commitment to convenience goes beyond just traditional banking hours. With our ATM & Cash Withdrawal Services, you have access to your money whenever you need it. Basic ATM access allows for easy withdrawals and balance checks without needing to step into the branch.

Financing Your Dreams

When it comes to financing, we understand that life brings many opportunities. Our Auto Loans & Vehicle Financing can help you get behind the wheel of your dream car without the stress of high payments. We also provide Mortgage Loans & Refinancing options for those looking to buy a home or lower their current mortgage rates. If you're facing unexpected expenses, our Personal Loans & Debt Consolidation solutions can ease your financial burden and help you regain control.

Member-Centric Approach

At Freedom First, we take pride in serving our community. Our friendly staff is always ready to assist with any questions or concerns you might have. You can reach us at 540-389-0244 during our operating hours from Monday to Friday, 9:00 AM to 5:00 PM. Join us at Freedom First in Roanoke and discover how we can help enhance your financial well-being. We invite you to explore all the services we offer by visiting our website at Freedom First. Experience banking that puts you first!

Personal Banking Made Simple

For those seeking reliable banking options, we offer Personal Banking services that include checking and savings accounts tailored to fit various lifestyles. Imagine having quick access to your funds, whether you're paying bills online or saving for a special occasion. With our Online & Mobile Banking, you can check balances, transfer money, and make payments anytime, anywhere all from the convenience of your smartphone or computer.

Digital & Online Banking

At Freedom First, we understand that managing your finances should be as easy and secure as possible. That's why we offer a range of digital and online banking services designed to meet your needs, anytime and anywhere. Whether you're at home or on the go, our services ensure you can handle your banking tasks with confidence. With our 24/7 Online Banking services available at https://www.freedomfirst.com/, you can access your accounts whenever it suits you. Check balances, view transactions, and transfer funds all from the comfort of your couch or while waiting in line. Our user-friendly interface makes it simple to navigate through your financial information without any hassle. Security is a top priority for us. With Electronic Signature Authorization, signing documents online is both safe and efficient. You can complete important transactions without needing to visit a branch, saving you time while keeping your information protected. We also offer E-Statements, so you can say goodbye to paper clutter. Access your statements anytime, ensuring you always have the latest information at your fingertips. Plus, if you prefer mobile payments, our Mobile Payments Feature allows you to make purchases quickly and securely using just your smartphone. For those who like to stay connected with their friends and family, our Person-to-Person Transfers make sending money a breeze perfect for splitting bills or sending gifts instantly. And don't forget about our convenient Mobile Application! Download it today to manage your accounts directly from your mobile device. At Freedom First, we strive to provide accessible, easy-to-use tools that put you in control of your finances. Join us today and experience the benefits of digital banking made simple!

Financial Strength

At Freedom First, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share insights about our financial health, assuring you that your trust in us is well-placed. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. 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. 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. With $85,004,767 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is robust; we have $8,416 in used auto loans and a total of $990,578,306 in loans and leases supporting your financial goals across various sectors. Our operational efficiency is reflected in our net income of $0, which allows 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. Net Shares (Funds available for lending and investments): $0. Total Share Accounts: 106,752, showing a strong and growing member base that trusts us with their finances. 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 1210 Patterson Ave Sw Roanoke Va 24016 or call 540-389-0244 to learn more about how we can help you achieve your financial goals.

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. We provide flexible terms and competitive rates to ensure you find the right fit for your budget.

Credit Lines

For those who prefer flexibility in their borrowing options, our total credit lines amount to $378,455,092. These lines allow you to access funds when needed without the hassle of applying for new loans each time.

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're here to guide you through the process and help you secure financing that works for you.

Refinancing Options

If you're considering refinancing your existing loans or mortgages, we have options available that may lower your interest rates or monthly payments. It's worth exploring how refinancing could benefit your financial situation. At Freedom First, we pride ourselves on providing clear and practical loan solutions tailored to our community's needs. 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 our loan offerings today and see how we can assist you on your financial journey!

Unsecured Credit Card Loans

Managing everyday expenses? 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. Our credit cards come with rewards and benefits designed to help you make the most out of your spending.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in the comparison process. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results for all users. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, allowing for informed decision-making. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Ready to compare real-time loan offers? Visit LendMesh today and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Ensuring Accurate Comparisons

Loan data on LendMesh is sourced 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 using verified sources ensures that users receive fair and transparent offers tailored to their needs.

Freedom First