Share Accounts

A share account at Freedom Financial Federal Credit Union is a dynamic and flexible investment, capable of serving a variety of needs. It is dynamic because every dollar deposited is put to work to earn a profit for the depositor. Most shares are reinvested in loans to members, and some are invested in short-term investments with high yields.

Your share account is flexible, not merely a deposit for savings. Opening a share account automatically enables the member to apply for loans, if he or she

qualifies, to participate in various Credit Union activities,to vote at the annual Meeting, and to be elected to the Board of Directors or appointed to the Supervisory
 
Committee.
   
Loan Services

Arrangements for loans may be made in person or online via our secure loan application. Repayment is simplified by convenient payroll deductions, and additional payments against the loan may be made at any time with no prepayment penalty.

At the heart of our successful loan program is an interested and participating membership who themselves establish organizational lending standards.

Some of the criteria with which the loans are granted include:

  • the credit record of the borrower
  • job security and length of employment
  • income and the member's capacity to repay
  • the acquired capital assets of the borrower, such as equity in home, savings and personal property
Payroll Deduction
  The best of intentions do not made a regular saver. The catalyst that can aid your savings formula is Payroll Deductions. It's painless, resulting in instant rewards as well as long-range financial happiness. Regular deposits, compounded by high dividends, mount up fast. Costly trips to the office are eliminated as well as the inconvenience of writing checks, money orders, addressing envelopes, and buying postage.

Payroll Deduction is versatile - not only can you use it to add to your Share Accounts, Club Accounts, IRA's or family members accounts, but you can use it to repay loans. Nothing could be simpler, and more conducive to your financial well being.
   
Other Services and Benefits
 
  • Notary Service
  • New Car Price Information
  • Price Information on Used Cars & Trucks
  • Christmas Club
  • Vacation Club
  • Dividends on Shares paid monthly
  • IRA Accounts
  • Mortgage Loans through CUNA Mortgage
    and Member's Mortgage
  • Second Mortgage Loans
  • Share Drafts (checking)
  • VISA Debit Cards
  • Trip/Special Accounts
  • SAM's Club Membership
  • Amusement Park Tickets
  • Direct Deposit of Pension or
    Social Security Checks
  • Night Deposit Box
  • ARIN - Audio Response
 

This credit union is federally insured by the National Credit Union Administration.
     
1802 Inwood Drive, Fort Wayne, IN 46815 ~ (260) 420-6629