Interview with Michael MacPherson, CEO of Freedom Federal Credit Union

Mike MacPherson has over 35 years of experience in the financial industry, including more than 12 years with Freedom before becoming President/CEO in 2016. Born and raised in Baltimore County, Mike is a graduate of Mt. St. Joseph High School and Towson University. Mike now resides in Harford County, which he has called home for over 30 years. Mike believes passionately in giving back to his community, supporting Freedom’s employees, and providing members with financial products and services that lead to their success.

Interview questions:

Introduction | Please provide an introduction to Freedom Federal Credit Union – branches, ATMs, employees. Explain what a community credit union is.

Credit Union Versus a Bank | Can you also explain the difference between a credit union and a bank?

Services | What are the primary services provided by Freedom Federal Credit Union?

Recent News | Last August, Freedom Federal Credit Union opened a new location in Perry Hall/White Marsh. Can you share this news and any other recent news?

Milestones | You have been an executive at Freedom Credit Financial Union for 17 years. What are some of the important milestones?

History of Credit Unions | When was the first credit union established? How many Americans and Marylanders are credit union members?

Covid | What impact did Covid have on credit unions?

Growth | Can you share any strategic initiatives?

Connect with Mike on LinkedIn

Freedom Federal Credit Union is a community-chartered federal credit union offering consumer financial services to those who live, work, volunteer, worship, attend school, or have family in Harford and Baltimore County. Additionally, Freedom offers a full-line of banking services for all businesses, associations, and other organizations that are based in Harford or Baltimore County. Freedom has been in business since 1953 and has six locations throughout Harford and Baltimore County. To learn more, visit

Recent News:

Freedom Federal Credit Union Appoints Lisa Snodgrass and Stacie Sloan to Board

Freedom Federal Credit Union Recognized For Their Excellence In Banking

Havre de Grace Middle/High School Volunteer Club Wins Freedom Federal Credit Union’s #FreedomToHelpChallenge

Freedom Federal Credit Union Selects Five Harford County Public School Employees To Win Golden Apple Awards

Freedom Federal Credit Union Opens New Branch in Perry Hall

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