Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view,download Adobe® Acrobat Reader.
Personal
Freedom First Credit Union

Impact Products & Services

Personal
Branded Star Mark
Branded Star Mark

Helping People Prosper — Helping Communities Thrive


At Freedom First we believe everyone should have access to affordable financial services. Our Impact Banking suite of products and services are designed to help people in the Roanoke and New River Valleys break the cycle of debt and attain financial security. We call this Values-Based Banking.

We invite anyone who lives, works, worships, or goes to school anywhere throughout Botetourt, Craig, Franklin, Montgomery, and Roanoke counties or the cities of Roanoke, Radford, and Salem to open an account and apply for a loan today.

Freedom First is also involved in many other initiatives like BankOn Roanoke Valley.


Here is a Full Listing of Our Innovative Community Impact Products & Services:

Credit Builder helps borrowers develop a habit of making regular payments on time while establishing positive credit. 

Freedom First has an award-winning financial education program. We have partnered with Greenpath to offer 24/7 advice to our members.
A non-conforming mortgage loan program that overcomes many conventional mortgage qualifying hurdles and includes financial education that helps to secure down payment assistance.

Assistance for veterans and low & moderate income households in understanding the path to homeownership.



This program aids immigrants who may need help to make the path to U.S. citizenship more affordable.

Borrow & Save builds credit while teaching the benefits of saving.

Small dollar loans to help break the debt cycle - whether for vehicle repairs, home maintenance, education costs, or debt consolidation.

Our Payday Relief program offers loans at reasonable interest rates to individuals who may otherwise seek loans from predatory payday lenders.

More than an auto loan, our award-winning Responsible Rides® program includes financial education and vehicle maintenance training.

Small dollar loans are available for licensure and certification training like Healthcare, Welding, Truck Driving, CNA certifications and licensures.

See our history of how we give back to our Valleys.
 
Grants & Community Investment
Our award-winning Community Grants program supports projects that give special consideration to working families of modest means.
 
Scholarships
Freedom First Credit Union awards nearly $10,000 each year in academic scholarships for area students.
 
Scoop
In 2016-2017, we gave out 52,000 free ice creams with our truck, Scoop, at events around the region.
 
We also support our community by sponsoring events around our region.



View a full listing of our Products and Services:

Looking for a phone number, address, or other basic info?

Our Impact Doesn't Stop There.

A crowd of people in colorful shirts in front of a house with caption: 7,244 volunteer hours, #bankforgood

Freedom First star icon.What is a CDFI, and how are they different from most big banks?

CDFI stands for Community Development Financial Institution, and it is a special designation from the U.S. Treasury. This designation ensures that we put the community first by serving people who cannot access services at most banks, all while fostering economic growth by financing the local businesses you know and love.