All Freedom offices and branches will close at 1:00PM on Thursday, December 31st and reopen on Saturday, January 2nd in observance of New Years. Online and Mobile banking are available 24/7 for your banking needs.
Branch Closure
All Freedom offices and branches will at 1:00 PM on Thursday, December 24th and remain closed through Friday, December 25th, in observance of Christmas. Online and Mobile banking are available 24/7 for your banking needs.
Branch Closure
Please be advised that the Drive Through at the Forest Lakes Branch on Rock Spring Rd will close one hour early (5pm) on May 5th for maintenance. Please use our locations pageto find another branch or atm near you.
Branch Closure
Please be advised that the Drive Through at the ountain Green Branch on Churchville Rd will close one hour early (5pm) on April 29th for maintenance. Please use our locations pageto find another branch or atm near you.
Branch Closure
Please be advised that the Drive Through at the Park Avenue Branch on Emmorton Rd will close one hour early (5pm) on April 28th for maintenance. Please use our locations pageto find another branch or atm near you.
Branch Closure
Freedom’s Park Avenue Branch in Bel Air will close early at 1:00 PM on Wednesday, April 15th for the Annual Meeting.
Branch Closure
Please be advised that the Edgewood branch location is temporarily closed, and will reopen on Monday, March 16th, under normal operating hours. Please use our locations pageto find a branch near you. We apologize for any inconvenience.
Notice
The 2026 Annual Meeting of Members will be held at the Park Avenue branch on April 15th at 4:00PM. Registration is required for this member-only event. RSVP today to save your seat!
Members are welcome to join Freedom’s President and CEO, Mike MacPherson, along with our Board of Directors at our 2019 Annual Meeting. The meeting will be held at Richlin Ballroom on Tuesday, April 9. Light dinner fare will be provided.
Please RSVP onlineor by calling our Contact Center at 1-800-440-4120. We look forward to seeing you there!
Date: Tuesday, April 9, 2019
Location: Richlin Ballroom, 1700 Van Bibber Rd, Edgewood, MD 21040
Time: 7:00-8:00 PM; Doors open and reception begins at 6:00 PM
Although most changes won’t take effect until April 2019, some of them can impact the financial choices you’ll make this year. For that reason, here’s the details on the most important tax code changes.
Changes to the amounts taxed for each income bracket The 7 tax income brackets remain unchanged, but the amounts each bracket is taxed have gotten an overhaul. Here are the new rates for taxpayers filing as individuals.
Taxable Income Bracket Tax Due
10% $0-$9,700 10% of taxable income
12% $9,701–$39,475 $970 +12% of income $9,700+
22% $39,476–$84,200 $4,543+22% of income $39,475+
24% $84,201–$160,725 $14,382.50+24% of income $84,200+
32% $160,726–$204,100 $32,748.50+32% of income $160,725+
35% $204,101–$510,300 $46,628.50+35% of income $204,100+
37% $510,301+ $153,798.50+37% of income $510,300+
You can check out the taxable income rates for couples filing jointly and for individuals filing as heads of households here
Changes in standard deduction amounts
The standard deduction in 2019 will be $12,200 for individuals, $18,350 for heads of household, or $24,400 for married couples filing jointly and surviving spouses.
Elimination of personal exemptions The personal exemption amount is being eliminated for the 2019 tax year.
Changes to itemized deductions
Medical and dental expenses. For 2019, you can only deduct those expenses exceeding 10% of your adjusted gross income (AGI).
State and local taxes (SALT). The new maximum for SALT deductions is a combined total of $10,000 for taxpayers filing jointly.
Home mortgage interest. In 2019, home interest payments will be maxed at $750,000 for married couples filing jointly.
Job expenses and miscellaneous. In 2019, you can only claim work-related deductions that are less than 2% of your AGI.
Changes to tax credits
Child Tax Credit. The child tax credit has increased to $2,000 per child.
Earned Income Tax Credit (EITC). The maximum EITC amount for 2019 is $6,557 for married taxpayers filing jointly who have three or more children.
Adoption Credit. The maximum adoption credit in 2019 for a child with special needs is $14,080. The ceiling for other adoptions is $13,810.
Lifetime Learning Credit. For 2019, the AGI used by joint filers to determine the reduction in the Lifetime Learning Credit is increasing to $116,000.
Retirement account contributions
For 2019, you can contribute a total of $6,000 to one or more traditional or Roth IRA(s) if you’re under age 50, and $7,000 if you’re age 50+. For 401(k)s, you can contribute $19,000, and $25,000 if you’re age 50+.
Here at Freedom we appreciate and value all our members and local partners. We are a community-chartered credit union offering financial services to those who live, work, volunteer, worship, attend school, or have family in Harford County. Freedom has been in business since 1953 and has five locations throughout Harford County.
We are reaching out today because we need your vote to win best Bank/Credit Union in the Harford’s Best Readers Poll. With your help, we would like to be voted Harford’s Best Credit Union in 2018!
Votes are being collected now until 5pm on December 14th. Please click on the link below and select Freedom Federal Credit Union to vote for us on Question #7-Best Bank/Credit Union.
Freedom Federal Credit Union is excited to introduce our new and improved financial management tool, MoneySmart, now available to all Freedom Members for FREE. MoneySmart will replace the current financial management tool, My Financial Advisor, effective September 30th.
MoneySmart makes it easier to manage money, monitor spending and actually see where your money goes. If you want to save money, improve financial health and make financial management easier, this is great news for you.
**Important Information for Current My Financial Advisor Users**
Your Freedom Federal Credit Union deposit account history for the past 90 days will carry over into the new MoneySmart tool. However, the remaining budgeting information you have saved within My Financial Advisor will not automatically carry over to the new MoneySmart system. We recommend you export your existing information, prior to September 30th, to ensure no loss of data. You can export your My Financial Advisor budgeting information by following these simple steps: 1. Log into Home Banking 2. Click on the “My Financial” Tab 3. Click on “Budget” located on the blue tool bar 4. Select the month you would like to download and click “Export” on the right hand side of the window. 5. Save the file We apologize for any inconvenience this transition may cause. Please export your data from My Financial Advisor by 11:59 PM on September 30th to preserve your data.
Benefits of MoneySmart:
A more complete financial picture, with the ability to sync your accounts from more than 17,000 financial institutions.
Automatically tagged and categorized transactions, so it’s easier to understand spending habits.
Better visual tracking of your progress, allowing you to reach financial goals quicker and easier.
A cashflow calendar that shows what is coming in and going out.
MoneySmart makes it easier than ever to stay on track, set goals, and maintain your finances responsibly.
Get a free onsite mortgage consultation with Freedom’s Mortgage experts! These one-on-one discussions will give you a:
Custom mortgage analysis
Step-by-step guide to the mortgage process
Explanation of your home equity options
Free, easy mortgage prequalification
Sessions available on Sept. 7,Sept. 13th,and Sept 14th. Stop by the branch most convenient to you! To schedule a consultation at an alternative time, call us at 1-800-440-4120.
Mortgage Days Schedule:
Sept. 7, Bel Air South & North
Fountain Green Branch 1304 Churchville Rd, Bel Air
Park Avenue Branch 2019 Emmorton Road, Bel Air
SEPT. 13, APG South
Edgewood Branch
5002 Hoadley Road, Edgewood Area, APG South
SEPT. 14, Havre de Grace & Forest Hill
Swan Creek Branch
1830-C Pulaski Highway, Havre de Grace
Forest Lakes Branch
1990 Rock Spring Rd, Forest Hill
Freedom Federal Credit Union President and CEO, Mike MacPherson, with 2018 Golden Apple Annual Education Award recipients. (L to R): Jacob Bennett, Kathleen Ford, and Tara Recor
Freedom hosted a reception at the Credit Union’s Park Avenue branch to celebrate this year’s Golden Apple Awards winners. Kathleen Ford, a music teacher at the John Archer School won this year’s grand prize. Ms. Ford received the $2,000 prize for her plan to better connect students with disabilities through music and song. One of Ms. Ford’s goals is to purchase a complete set of Music K-8 magazines and CDs. Her entry also calls for adapted instruments, assistive devices and software. These items will better enable students with severe physical challenges to produce music independently.
Although we received a record number of submissions this year, Ms. Ford’s thoughtfulness and creativity in considering how the award could affect positive change for her students, school, and community made her application standout.
Additionally, two runners-up were selected: Jacob Bennett, Kindergarten Teacher at Havre de Grace Elementary, and Tara Recor, Gifted &Talented Resource Teacher at Prospect Mill and Halls Cross Roads Elementary schools. Both Mr. Bennett and Ms. Recor will receive $500 each to fund initiatives at their respective schools.
The Golden Apple Educator Award benefits Freedom members who work for HCPS and have a creative vision for education that can only be met with community support. Contest applicants must submit an essay demonstrating how their idea would serve their students, class, school and the Harford County community. A panel of Freedom employees, board members, and community leaders judges each year’s entries.
Freedom cares about Harford’s kids. We’ve partnered with the Aberdeen Ironbirds and MedStar Health to create Homeruns for Healthy Kids. Each time an IronBirds player hits a homerun during the season we’ll donate $100! These funds benefit services for children at the MedStar Health Bel Air Medical Campus.
This sponsorship began with the start of the Ironbirds season on June 15 and runs through the end of the regular Ironbirds season, when a check will be presented to MedStar Health at one of the final games.
Homeruns for Healthy Kids builds on Freedom’s partnership with MedStar Health. To date, we’ve donated over $30,000 to MedStar Health to support initiatives benefiting pediatrics and neurological rehabilitation services for children in Bel Air.
Join us in supporting our local team, and our local kids!
Your Best Defense Against Fraud.
At Freedom, we’re serious about protecting you from fraudulent activity on your accounts. That’s why we’ve strengthened our defenses. Our new automated system can identify threats faster, notify you sooner, and give you the tools you need to take IMMEDIATE action against fraud.
The new system allows you to receive an automated call that easily walks you through reviewing suspicious activity on your card. You may also sign-up to receive Automated Fraud Alerts text messages on your mobile phone.
Our new automated system includes:
IMMEDIATE Alerts
When suspicious activity has been detected on your account, our automated system will contact you by text or phone.
2-Way Communication
You can take action the second you receive your alert. Simply follow the instructions to answer questions regarding your recent card activity.
Real-time Support
Our live agents are ready to assist you at any time to ensure you receive the best defense exactly when you need it. Don’t delay – you’ll want to sign up to receive the full benefit of this powerful new automated fraud prevention system. Log into Online Banking to register for text fraud alerts today!
Members should be aware that, while Freedom does monitor fraudulent or suspicious account activity and may proactively contact a member about this activity, we will never call and ask for confidential information such as your entire account number or PIN. Please contact us at 1-800-440-4120 to let us know if you have provided confidential information.
