What is Freedom Credit Union?

Freedom Credit Union (FCU) is a full service financial institution with over $260 million in assets and over 56,000 members.  Originally chartered in 1934 to provide financial service to employees of The School District of Philadelphia, today FCU serves over 250 organizations in the Delaware Valley. Some of the organizations that utilize FCU are Thomas Jefferson University, the Archdiocese of Philadelphia, ABB Inc. (formerly Bailey-Fischer and Porter), Albert Einstein Medical Center, Montgomery County School District, and Pepsi Co, Inc. A full list of Freedom Credit Union’s member organizations is available here.

FCU offers a full line of convenience-oriented banking services including VISA Check Cards and credit cards, ATM access, free Telephone and Online Banking, and Bill Payer services. However, unlike a bank, FCU’s Board of Directors and managers work for the members to provide the best array of services possible - at an affordable cost.  Since FCU members are also owners, their needs always come first. That is why you will find that FCU offers some services not available at other financial institutions such as children’s accounts, special “members only” car sales, and discounts.

All FCU accounts are also fully insured to at least $100,000 by the National Credit Union Administration, a federal agency.

Add Freedom to Your Employee Benefits

How to Become an FCU Member Organization

Organizations located in Bucks, Chester, Delaware, Montgomery, or Philadelphia counties that do not currently offer credit union membership to their employees may be eligible to become member organizations of Freedom Credit Union.  Here’s how you can help your organization get started:

• Ask a “decision-maker” if your organization currently offers a credit union to the employees/members.  For large organizations, contact a human resources representative, benefits manager, or payroll manager.  For smaller organizations, contact your owner or office manager. 

• If they do not, contact Freedom Credit Union’s Marketing Department to request a free information packet and a personal presentation of the credit union’s services.  

• Current FCU Members: Click Here to Learn How to Earn Up to $200 By Referring A New Member Organization to FCU

How Your Organization Benefits

Free - Freedom Credit union is a benefit that you can offer to your employees at no cost to your organization. There are no worries about working another expense into your operating costs or having to pass these costs onto your employees.  FCU develops promotional materials and periodic mailings about credit union services for your employees - at no cost to you!  Members receive their monthly statements directly from FCU.

Convenient - Unlike many employee benefits, you can offer the credit union without weighing down your staff with time-consuming administrative duties. An FCU representative will be available at your convenience for periodic visits to your location to enroll new members or answer questions about services. Affiliating with FCU can even lighten your organization’s workload. By offering Direct Deposit through FCU, you can greatly reduce the number of employee checks you must produce each pay cycle.

Morale Building - Costly fees, high credit card rates, and impersonal financial services can be a drain on your employees and a drain on your organization’s productivity. Offering credit union membership is a great way to show your employees that you care about their financial well-being. Also, prospective employees will see that you want to offer them the best benefits package possible.

Time Saving - Members can access their accounts 24 hours per day, 7 days per week with FCU’s full line of remote access services.  With the extensive ATM network, Telephone Teller, Online Banking through the Internet, and the VISA Check Card, your employees can get to their funds any time, at their own convenience.  With Direct Deposit, payday is worry-free, as your employees work knowing their pay is sent directly to their accounts.