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Liberty Financial opens two offices in Louisville after acquisition of AFB

Liberty Financial opened two full-service credit union offices in Louisville on November 1 after receiving regulatory approval to acquire American Founders Bank.

Liberty Financial is a division of Evansville Teachers Federal Credit Union, which is headquartered in southwestern Indiana and is ranked as one of the top financial institutions in Indiana, including being recognized by Forbes in its Best-in-State Banks and Credit Unions rankings earlier this year.

The credit union was ranked No. 1 in Indiana and No. 10 in its peer group in the nation for “total return to lender” by Callahan & Associates, and No. 1 in Indiana and No. 22 of 5,900 credit unions in the nation for “best performing credit union” by the Savings & Loan Institute in 2017.

Last year, the credit union returned more than $2.3 million to members through its free checking accounts alone. The credit union’s most popular account, its free Vertical Checking account, offers a 3.00% APY rate of return on deposits up to $20,000, plus reimbursement of foreign ATM fees from any machine worldwide up to $15 per month.

Liberty Financial’s two Louisville branches are in St. Matthews at 4220 Shelbyville Road and in North Hurstbourne at 1200 Forest Bridge Road. Both will offer operating hours to 9 a.m. to 5 p.m. Mondays through Thursdays, and 9 a.m. to 6 p.m. on Fridays.

Liberty Financial also operates a full-service credit union in Franklin, Tennessee, with a second location there and an office in Bowling Green, Kentucky, now under construction. Liberty Financial has mortgage-only offices in Birmingham, Alabama; Bowling Green, Henderson, Owensboro, Louisville and Lexington, Kentucky; Madison, Mississippi; and Nashville, Tennessee.