# FREEDOM
SPRINGFIELD, MA · NCUA charter 66824 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/freedom-66824

Who the members are: state charter, organized 1986, low-income designated. 31,707 members of 1,234,877 potential (2.6% of the field); checking penetration 78% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *ordinary*. 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 | $757.4M |
| Members | 31,707 (0.2% YoY) |
| Full-time staff | 104 |
| Net worth | $107.7M |
| Net worth ratio | 14.2% (p89 of band) |
| ROA (annualized) | 0.50% (p40 of band) |
| Total delinquency | 2.08% (p98 of band) |
| Net charge-offs (annualized) | 0.05% (p5 of band) |
| Loans / shares | 86% (p67 of band) |
| Cash / assets | 9.6% |
| Borrowings / assets | 6.25% |
| Net interest margin | 2.73% (p11 of band) |
| Operating expense / assets | 3.14% (p27 of band) |
| Vehicles % of loans | 5% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p7 of band) |
| Vehicle delinquency | 0.57% (p48 of band) |
| Vehicle NCO | 0.73% (p43 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 70% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 117% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 34% |
| Average share balance | $8,011 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $18.9M |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $43,040 |
| Loans granted, annualized | $44.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $18.9M outstanding purchased (17.5% of net worth), $10.1M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 4.5% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 0 |  | delinquency 2x band |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | assets shrinking |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | assets shrinking |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | delinquency rising, leaning on borrowings |  |
| 2018-09 | 1 |  | delinquency rising |
| 2018-12 | 2 | loans>95% of shares |  |
| 2019-03 | 3 | delinquency 2x band, delinquency rising | loans>95% of shares |
| 2019-06 | 1 |  | delinquency 2x band, delinquency rising |
| 2019-09 | 3 | delinquency 2x band, delinquency rising, loans>95% of shares | leaning on borrowings |
| 2019-12 | 2 |  | loans>95% of shares |
| 2020-03 | 3 | losing money, margin squeeze | delinquency rising |
| 2020-06 | 3 | net worth falling | delinquency 2x band |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | losing money |
| 2021-03 | 1 |  | margin squeeze |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | net worth falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | leaning on borrowings |  |
| 2022-09 | 2 | net worth falling |  |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 3 | loans>95% of shares |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | net worth falling |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | delinquency rising |  |
| 2024-09 | 4 | delinquency 2x band |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 3 |  | loans>95% of shares |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 2 |  |  |

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

- 2026-09-09 [Freedom Credit Union collects for Alzheimer’s in September - WWLP](https://news.google.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?oc=5) · WWLP
- 2026-04-06 [Freedom Credit Union accepting donations for ‘Griffin’s Friends’ at all locations - Western Mass News](https://news.google.com/rss/articles/CBMitgFBVV95cUxNdThDYnMyN2tPbmpqaEw5aHU3aEVsOHEyU3pLN29mWk1xTU9BS3lSdGVxaUlTVC1QbXB3Z2ZESVJMUzZHLXR0NE4zMkUwMnVvelZscUdLNDVEOTBCYmNLNkRaeHMzU0VlT0NiekpoR3NYOHRBemdnVHMwbXlmbGJRRjlXaGhLZWdVZUtBem5qTEdIbkFNa1VNM2t4VG5oTncwdzZNQVg1YVBXUW91OGVPbDF6WVgyUdIBygFBVV95cUxNWU1GbXFLYzVMcGlfRC1BbnYzazN3anpERWx2dDVMcnFyNWYtVFNXNVF3czJSajU5dDdNd09XTzllQS1ReDAxZjNjZU1GTmNUUDB3U3JjZWc0cUgxdGdkTTA4YUhTT3llZXdkaV84NTlUTGlTT2FjYlJLQ201RVJWeWFaNkZPaDFEWE5wUV82bS1DVlNhallVZndqb3B1VU5MR2FJMXJFb3RDLW4zZjNpTlRIUXdHVThic3h0UE4xTjFZVEZtTTRwUXFn?oc=5) · Western Mass News
- 2026-07-23 [Business Briefs: July 24, 2026 - Greenfield Recorder](https://news.google.com/rss/articles/CBMibkFVX3lxTE1xeURUb0JPOHZDVkVHNEtoNFl1MGpxTnMzcHptYjZJZF9UY2pSbTg5clNyZk9TTF91QkxSbERNbmM0STdKNVJrMng2YXJNWkxIQ002X01XWGhMUF9rWUU0N0NCREFTTmwyczdzalRB?oc=5) · Greenfield Recorder
- 2026-05-27 [Freedom Credit Union launches drive to fight rising food insecurity - WWLP](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPWkhlQ3gzblNuZzZfWkhhOW9Tb2pJZmQyMURkcWxYektnRTA2VnprQ08zYjRMaWtUa05qWGtUSGJjVDUwcmN1Q1ZoelBMTTJKSmlNd2ZJcGRsaTB2Vi1OaWUyNExmNWJ1LVVUT2tvSTZaZFc1bkMtczAtaDQ3Wm5MZ3JNV1o5WHI5VjVibldxdG5Vd0lreWZsbmpMd2VKdENXOTJkS1VmWF_SAa4BQVVfeXFMTklYajcyM0NCOE9JVnhwZjhrVGRVVmJPc25neXliRTdBQXBZTTZXc0hwMHVnWTNHZFBhQVk1NEppdktjOTZaNVdvWlF1Vk5PeDNjcVRwUVVhQUxtUkpSQkZrMUQ4Nk43SFZkQzJWdEt1aXkzX184ZzBrdFptWmNCMkVlekRlelBaNWxVY0RGZGJxbXNfODZObXlDWkFTNy0xOXFwdkk3NXI2WGd2TTNB?oc=5) · WWLP
- 2026-07-08 [Freedom Credit Union Appoints Jennifer McPherson VP of Human Resources - BusinessWest](https://news.google.com/rss/articles/CBMiowFBVV95cUxOdUltWnhSZDJ3c216ZUtFeXdTMFBaRWIxTTV5U2w2bEVSV2diaVRmb0ZjOEJnNTBzQ1NlY0VxSThFZUJ0dWwwNFA5U3lPTktyWnBaTjJlODI5MG03dUJBbDFfNzFTb0ZiVVhLUV8wd25nZjdTdlliTTUtaDQ1NXpqTEswbUxuMEg5M05EeTJXTHNXS25zdC1LTmZyQ19YSzRpQ3NR?oc=5) · BusinessWest
- 2026-03-24 [Freedom Credit Union to host Spring Shred Days - Western Mass News](https://news.google.com/rss/articles/CBMimAFBVV95cUxOWldOZ3dVN1FySmppRzVZeEZpckdpRXo5YzFOYmRZYVhaUGpTbmczN1VLZmZBcG1ITUFmdTc5VXJPZ3dGYy0tUjk2bGFHZHllWWhrczNNNndkalVXWGJIck13RTdjZk9tOThXeVlDSnZPcHpNTlRGSnlNSS1CamtCZVp3VEhlSzExYm80bkFwU2RMR04tdkhHNg?oc=5) · Western Mass News
- 2026-05-28 [Business Briefs: May 29, 2026 - Greenfield Recorder](https://news.google.com/rss/articles/CBMibEFVX3lxTE1MVkxCOUxPckZTODU2NDJQQWJrWGdCZGJ1TTJCbjVHd2VzWEplZ2dGc3d2c0JhR1BmbVB2VnpubEF1N2J3SjNlZlNZbnEyQkxPS2VOS3JGMnA1M0VMMVRTQnpjTGlocmZobERSbQ?oc=5) · Greenfield Recorder
- 2026-06-08 [Business Monday ETC: June 8, 2026 - masslive.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNbFVPcGwyVWdzUVpLa3VuT05sdUxTaFJ3M3daT0JNc3A0NjRSQ0diR1FxSlg0TTQwWnhXbWRCNzNDV0V0VklUcEQ0TldpYjRYMDNobVNCYTJfSmd4OWFlNkpzZzFaZlE0bThjZS1lZjM0MVZOT0xyX01sLWx2S1NOckVTek8?oc=5) · masslive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66824 (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/8.json (key "66824", 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=66824
- 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