# FREEDOM
WARMINSTER, PA · NCUA charter 60275 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/freedom-60275

Who the members are: state charter, organized 1934, low-income designated. 60,864 members of 4,050,000 potential (1.5% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 60.

**Verdict on the desk:** this could be *participation buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.49B |
| Members | 60,864 (-4.3% YoY) |
| Full-time staff | 98 |
| Net worth | $196.7M |
| Net worth ratio | 13.2% (p85 of band) |
| ROA (annualized) | 0.94% (p70 of band) |
| Total delinquency | 0.79% (p67 of band) |
| Net charge-offs (annualized) | 0.61% (p60 of band) |
| Loans / shares | 60% (p8 of band) |
| Cash / assets | 23.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.51% (p10 of band) |
| Operating expense / assets | 1.99% (p6 of band) |
| Vehicles % of loans | 31% (p62 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 43% |
| Third-party paper % of net worth | 184% (p64 of band) |
| Vehicle delinquency | 0.88% (p72 of band) |
| Vehicle NCO | 0.82% (p40 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 56% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 8% |
| Core shares % of member funds | 34% |
| Certificates % of member funds | 40% |
| Average share balance | $8,582 |
| Participations bought / yr | $54.6M |
| Participations sold / yr | $3.7M |
| Participations outstanding | $118.7M |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $20,944 |
| Loans granted, annualized | $117.5M |

## Participation posture (from the same filings)

Bought $54.6M and sold $3.7M in the latest annualized quarter; $118.7M outstanding purchased (60.3% of net worth), $49.8M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 4.3% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | net worth falling |  |
| 2017-06 | 1 | members leaving | net worth falling |
| 2017-09 | 0 |  | members leaving |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | 3rd-party paper>100% NW |  |
| 2018-12 | 0 |  | 3rd-party paper>100% NW |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 2 | charge-offs p90, members leaving |  |
| 2021-03 | 3 | delinquency 2x band |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 | loan book shrinking | members leaving |
| 2021-12 | 3 |  |  |
| 2022-03 | 2 |  | loan book shrinking |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | 3rd-party paper>100% NW |  |
| 2022-12 | 2 |  | delinquency 2x band |
| 2023-03 | 2 | net worth falling | charge-offs p90 |
| 2023-06 | 1 |  | net worth falling |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | members leaving |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | members leaving |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | net worth falling |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 2 | members leaving |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-09 [Kesha Announces 2026 North American ‘Freedom Tour’ - TicketNews](https://news.google.com/rss/articles/CBMijAFBVV95cUxQbEtucnIxXzFoRFRfNTNHSGpEbTBmdmxhT09BNTl4My1aWGNoYUZUdHQ2dWtjQ0U2NUkxUnJRZGZPdDBxUTdRUWo4dkVvWUVrMFluRnYzVEFFTEhOdVRXMlprX2p3b0VlTHA5VFV1eV9ZOXloVlNiNl9tR1NNTm1ldmUxUktpTDRUaVdSUg?oc=5) · TicketNews
- 2025-10-29 [Freedom First credit union CEO to retire in 2026 - Virginia Business](https://news.google.com/rss/articles/CBMihAFBVV95cUxPRGxkbDliUFJzOVFnM0JMc2lHWEhQU19tQ3FidHlJZTViendqaUpMbFBVTkxJcnRucXo5OUoyMkJISk9ES0dHWEExdzlDaHZJRlUwV0wxNzBueVFhZEgtNTBEamV2Z184d0llZ3MxU1YwRmNkQjM1MVJVakQwSFhYcmx1TjM?oc=5) · Virginia Business
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer & Kolbe
- 2025-12-19 [Esperanza and Impacto host ¡Juntos! Reception at PA Society, celebrating Hispanic leadership and unity - Impacto Media](https://news.google.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?oc=5) · Impacto Media
- 2026-03-23 [Kesha Announces 2026 ‘Freedom Tour’: See the Dates - That Grape Juice.net](https://news.google.com/rss/articles/CBMiekFVX3lxTE5fSmlva3BsTW0xcGlzbGtjTmwxUmthN0dQSVV1UUg3WDg3SWdmWHkyNmJLaXNlcXQ4cG1vUmtBTU9rRjY5X1kwOFZOTEJ3QTVLa01USTV3RDZKRV9yTktuZmhieTZkdVRRaTVNNVFIM2JUcWI4S1JkR1p30gF_QVVfeXFMTUdlUkZDQ2FPM1JNSlBHb1U3ZjBVS0dKRVRMQUhXVkxTUW5zNGdGWi1KVGtKRVNPZFhkS3ZhTURIbVZ5ejc0XzNyVzhKSHRwQlU3NzdMM2wtS1FlNGloWG5XZFh3YjJIV2dDU0FraWZZRVQxVjZqcnd6Q3VoRG9hNA?oc=5) · That Grape Juice.net
- 2026-03-23 [Kesha Announces "The Freedom Tour" With Chromeo, Sizzy Rocket, MEEK, And Erika Jayne This Summer - That Eric Alper](https://news.google.com/rss/articles/CBMizgFBVV95cUxPSzF6ekpnU3JIYUR2UTk0TjR1NzE3Vk5TQXJOdTk1T3dEVHE2Si0wa1M1R2Q1WHl3WnhUZmQ5SDlTbm1obmgxZERpenpfa3Y0T1MxVDVqLVpxLUs5MndmNGRCTWpycHl6YmtNc0Zvckg1bmxBUGREYTEwNHlQMlUzd2tNVTBYU3dQYjBOTElxbVhUTy1SYzJEVlFkdnFlTUNmOVdwUkZKTGd2WjBjeEVYZXBwU2NlOTdBSl9WdThqaFYwUWgwQlFGbkcxdVJGZw?oc=5) · That Eric Alper
- 2026-07-21 [Five Finger Death Punch Concert Setlist: Discover the Average Song List - Ticketmaster Blog](https://news.google.com/rss/articles/CBMib0FVX3lxTE5xeUdKUmRnYW9tdWs5OVFwZXVrTzhZRVBIVzNEbUlpZ3pndkZkMFlVRE53emtsaTFSaE1Cd1d1TnltNXRmWnZweXRpeVFCMkwtQmtLRWdLazF6V0N2SURvdVVoZ1BDNGNzWkgxWjM0VQ?oc=5) · Ticketmaster Blog
- 2026-02-06 [Kid Rock brings 'Freedom 250 Tour' to Star Lake in Burgettstown - WTAE](https://news.google.com/rss/articles/CBMibkFVX3lxTE4yZDdoSjd6T2NCRHhKWFN5aGY2ZGRGQldkWXNQTzRGdTFGaHlUUXplOWEtbHU2SEl4NF8wQXJIR1FLeFF1N0Jzc3JzS2NZb3lqbVBGOXdxcVphdjcxNUoxb3N1NHFZU3QyMU1BVjJn?oc=5) · WTAE

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60275 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/51.json (key "60275", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=60275
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide