2003 - Changed credit union name to Freedom First Federal Credit Union and opened the Salem branch at 1235 Electric Road and Towers branch at 2221 Colonial Avenue.
2004 - Merged with City of Salem Employees Federal Credit Union and opened the Vinton branch at 203 W Virginia Avenue.
2005 - Assets grew to $150 million after merging with Salem Community Federal Credit Union.
2008 - Established the Community Development Department and opened the Crossroads branch on Williamson Road.
2009 - Assets grew to $250 million.
2011 - Voted Best Place to Work by Virginia Business Magazine and awarded Corporate Citizen of the Year by the Roanoke Chapter of the NAACP.
2012 - Merged with Carilion Federal Credit Union, expanded the community charter to include Craig and Franklin Counties, and established the Commercial Lending Division.
2015 - Awarded $1.75 million through the Opportunity Finance Network's Wells Fargo NEXT Opportunity Award to expand our low-cost workforce development loan program.
- Opened the Downtown Roanoke branch at 102 Campbell Avenue, which features a Commercial Lending Office. The New York Times also highlighted Freedom First's innovative loan program in their article, "Credit Unions Turn Borrowers into Savers
- Assets grew to $500 million and credit union membership surpassed 50,000 people. Established the 501(c)(3) charitable nonprofit Freedom First Enterprises
. The MetLife Foundation and Wall Street Journal recognized Freedom First in a documentary titled "Multipliers of Prosperity
2019 - Forbes® Magazine named Freedom First as one of the top five credit unions in Virginia. The Crossroads branch was relocated to 5002 Cross Road NW to provide on-site impact banking services.
- Freedom First Enterprises partnered with the City of Roanoke and the Cities for Financial Empowerment Fund to establish the Roanoke Financial Empowerment Center
, the first of its kind in Virginia.
- Assets grew to $750 million. The credit union converted to a rural district charter, expanding our service area to include Central and Southwest Virginia. Introduced the Private Banking
department and purchased a new corporate headquarters building at 207 Bullitt Avenue SE in downtown Roanoke City.
- Assets surpassed $1 billion and opened the Bonsack branch at 3565 Orange Avenue NE and the Prices Fork branch at 2701 Prices Fork Road in Blacksburg. Local Impact for Tomorrow (LIFT)
opened its health and community clinic doors, made possible with a partnership between Freedom First, Carilion Clinic, Delta Dental of Virginia, and the City of Roanoke Public Schools.