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Atlantic Financial Federal Credit Union members approve merger with Freedom Federal Credit Union

BALTIMORE, MD—Freedom Federal Credit Union and Atlantic Financial Federal Credit Union on Thursday announced that, at the conclusion of the member voting process on Tuesday, January 14, the members of Atlantic Financial FCU have overwhelmingly voted in favor of the merger with Freedom FCU.

An approval by Atlantic Financial FCU’s membership was necessary to move forward as their Credit Union was being merged into Freedom FCU (as the continuing Credit Union, Freedom FCU members did not need to vote on the merger proposal).



“This merger is not the end of Atlantic Financial FCU but the beginning of a new future together, providing more value to our members and those we serve,” stated Matt Piazza, President and CEO of Atlantic Financial FCU. “With this merger comes greater strength and a unique competitive advantage, by expanding services, access, locations, and technology”.

February 3, 2025, will mark the official completion of the merger’s legal process and the start of integrating data and systems.

“This important milestone sets the stage for a stronger, more resilient financial institution by combining our strengths, resources, expertise, and membership bases”, stated Mike MacPherson, President and CEO of Freedom FCU. “We will be more optimally positioned to meet the changing needs of those we serve while remaining true to our shared mission, core principles and values”.

During the integration phase of the merger, scheduled to be completed by the end of 2025, both Credit Unions will work diligently to align operations, systems, and staff, and ensure minimal disruption to members.

For more information, updates, and FAQs regarding the merger, please refer to the Freedom FCU Merger Updates website.


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