Freedom of Maryland Federal Credit Union Bel Air, Maryland
Freedom of Maryland Federal Credit Union is a federal credit union headquartered in Bel Air, MD, established in 1953 (NCUA charter 8550), and it is regulated and insured by the NCUA. At Q2 2026 it reported 42,688 members and total assets of $557.4M (down 2.3% from Q2 2025), the 17th largest of 58 credit unions headquartered in Maryland. Its net worth ratio was 8.66% at Q2 2026, in the well capitalized band.
Also written as Freedom of Maryland FCU · Trade names filed with the NCUA: Freedom Federal Credit Union, Freedom FCU and Freedom
BankRegReports is independent of Freedom of Maryland Federal Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 8550
- Headquarters
- Bel Air, MD
- Established
- 1953
- Total assets, Q2 2026
- $557.4M
- Assets vs Q2 2025
- -2.3%
- Members, Q2 2026
- 42,688
- Net worth ratio, Q2 2026
- 8.66%
- Latest call report
- Q2 2026, NCUA 5300 · Freedom of Maryland Federal Credit Union call report
- Asset rank in state
- 17th of 58 in Maryland
- Routing number
- 255077299
- Branches
- 8
It has 48 fewer members than on June 30, 2025 (-0.1%). Its net worth ratio was up 0.66 percentage points from 8.00% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $168.8M of $427.1M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.55% is above the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 8.66% net worth ratio is below that band's 11.43% median.
Credit unions similar in size in Maryland
Credit unions merged into Freedom of Maryland Federal Credit Union
Frequently asked about Freedom of Maryland Federal Credit Union
How big is Freedom of Maryland Federal Credit Union?
At Q2 2026 it reported total assets of $557.4M and 42,688 members.
Where is Freedom of Maryland Federal Credit Union headquartered?
It is headquartered in Bel Air, MD, United States.
When was Freedom of Maryland Federal Credit Union founded?
It was established in 1953, per NCUA records.
Is Freedom of Maryland Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 8550): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Freedom of Maryland Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Freedom of Maryland Federal Credit Union well capitalized?
Its net worth ratio was 8.66% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Freedom of Maryland Federal Credit Union's delinquency ratio?
Its delinquency ratio was 1.55% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Freedom of Maryland Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 86.29% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Bel Air, MD 21015
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1953
- NCUA Charter #
- 8550
- RSSD ID
- 253084
- Members
- 42,688
- Potential members
- 1,860,770
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 1,341 credit unions with $100M to $1B in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures and in the bottom quartile on 2.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 8.66% | 11.43% | under 10th bottom |
| Return on assets Middle half of peers: 0.43% to 1.23% | 0.73% | 0.81% | 45th below |
| Return on equity Middle half of peers: 3.87% to 9.84% | 8.44% | 7.02% | 63rd above |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 4.45% | 3.70% | 87th top |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 77.78% | 76.55% | 46th below |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 1.19% | 1.24% | 54th above |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 1.55% | 0.68% | 14th bottom |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 5.64% | 4.92% | 84th position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 86.29% | 75.66% | 75th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$557.4M total assets against $570.4M; $495.0M total shares and deposits against $511.7M; $427.1M total loans against $435.3M.
$48.2M net worth against $45.7M.
8.66% net worth ratio against 8.00%.
86.29% loan-to-share ratio against 85.07%.
1.55% delinquency ratio against 1.30%.
0.73% return on assets against -0.06%; 8.44% return on equity against -0.74%.
4.45% net interest margin against 3.84%.
42,688 members against 42,736.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 8.66% | 0.73% | 1.55% | 86.29% |
| March 31, 2026 | 8.38% | 0.63% | 1.38% | 85.50% |
| December 31, 2025 | 8.31% | 0.17% | 1.13% | 88.76% |
| September 30, 2025 | 8.36% | 0.56% | 0.99% | 88.52% |
| June 30, 2025 | 8.00% | -0.06% | 1.30% | 85.07% |
| March 31, 2025 | 7.81% | 0.83% | 1.33% | 80.44% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.