Charter 8550 · Bel Air, MD
Freedom of Maryland Federal Credit Union
Freedom of Maryland Federal Credit Union is a federally chartered credit union in Bel Air, Maryland, with $557 million in assets and 42,688 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 8.66%, above the 7% that NCUA's rules treat as well capitalized.
Also does business as Freedom Federal Credit Union, Freedom FCU, Freedom.
- Total assets
- $557 million
- -2.3% in a year
- Members
- 42,688
- -0.1% in a year
- Net worth ratio
- 8.66%
- Peer median 10.79%
- Loans 60+ days late
- 1.55%
- Peer median 0.67%
- Loans outstanding
- $427 million
- -1.9% in a year
- Shares and deposits
- $495 million
- -3.3% in a year
- Branches
- 8
- 121 employees
- Opened
- 1953
- Federal charter
How Freedom of Maryland Federal Credit Union compares
NCUA groups credit unions by size; Freedom of Maryland Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 8.66% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 1.55%, is higher than the group median of 0.67%. Loans fell 1.9% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 17 of 60 credit unions headquartered in Maryland. See all Maryland credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $557 million | 42,688 | $427 million | 8.66% | 1.55% |
| Q1 2026 | $564 million | 43,167 | $430 million | 8.38% | 1.38% |
| Q4 2025 | $557 million | 42,086 | $441 million | 8.31% | 1.13% |
| Q3 2025 | $555 million | 42,676 | $438 million | 8.36% | 0.99% |
| Q2 2025 | $570 million | 42,736 | $435 million | 8.00% | 1.30% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 1.9 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 8 sites for Freedom of Maryland Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Fountain Green
1304 E Churchville Rd, Bel Air, MD 21014 - Park Avenue (main office)
2019 Emmorton Rd, Bel Air, MD 21015 - Swan Creek
2025 Pulaski Hwy, Havre De Grace, MD 21078 - Edgewood
8213 Hoadley Rd, Gunpowder, MD 21010 - Forest Lakes
1990 Rock Spring Rd, Forest Hill, MD 21050 - HONEYGO
5000 Honeygo Center Dr, Perry Hall, MD 21128 - Hunt Valley
40 Schilling Rd, Hunt Valley, MD 21031 - Pikesville
1809 Reisterstown Rd, Pikesville, MD 21208
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology