We want you to know. About Tower

About Tower

Established in 1953, with seven original members contributing just $5 each, Tower Federal Credit Union is the largest federal credit union in Maryland with over $2.70 billion in assets.

Headquartered in Laurel, Md., Tower provides a full array of financial products and services and serves over 133,000 members worldwide. We serve our local-area members with 13 branches in Anne Arundel, Baltimore, Howard and Prince George’s counties and five branches at Fort Meade, as well as online services at towerfcu.org. Members can access their accounts at over 48,000 surcharge-free ATMs nationwide.

Tower remains financially strong, despite the turbulent economy in recent years. Our commitment to the regional economy is exemplified by our investment in consumer loans and mortgages. Over the past decade, Tower has granted over $6.4 billion in loans to our members, of which $3.8 billion were mortgages.

In addition to mortgages, we offer low-rate home equity and auto loans, free checking, direct deposit, debit and credit cards, IRAs, financial planning, investment management, financial counseling, educational materials, online banking, mobile banking and more.

In spite of over 60 years of growth and expansion, Tower remains committed to the simple principles of its founding as a member-owned, not-for-profit financial institution that exists to serve the diverse financial needs of its members.  We continually strive to provide superior service and deliver value through the products and services we offer to meet our members' financial needs and promote their financial well-being.

Annual Reports

2013 | 2012 | 2011 | 2010 | 2009 | 2008

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Tower highlights
Assets: $2.70 billion
Members: 133,526
Loans: $1.18 billion
Deposits: $2.25 billion
Employees: 461

Figures as of 9/30/2014

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