Community Impact Products & Services | Freedom First Credit Union

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:

Services

Financial Education and Counseling

Freedom First has an award-winning financial education program. We have partnered with Greenpath to offer 24/7 advice to our members.

Community Give-Back

Community Impact Reports

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
Our free ice cream truck makes appearances at community events around the region as another way to give back.

Sponsorship

We also support our community by sponsoring events around our region.

Loans

American Dreamer Loan

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

Flash Cash

A small-dollar loan you can request right from your phone - with no credit check required. Restrictions apply, so visit the page for details.

Micro Loans

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

Payday Relief Loans

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

Responsible Rides^®

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

Workforce Development Loan Program

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

View a full listing of our Products and Services:

Personal Accounts | Business Accounts

Personal Loans | Business Loans

Personal Services | Business Services

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

Quick Reference Guide

Our Impact Doesn't Stop There.

Graphic depicting a roadmap titled: Mapping Your Financial Journey. Click to access full PDF with text.

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.