Tower Federal Credit Union was formed in 1953 when its seven original members pooled together their money, each contributing $5. Since its inception, Tower has grown to be the largest federal credit union in Maryland with $3.04 billion in assets and 185,437 members worldwide.

Headquartered in Laurel, Md., Tower has branches in Anne Arundel, Baltimore, Howard and Prince George’s counties as well as at Fort Meade. Find out who we serve.

As a member-owned, not-for-profit financial institution, Tower is committed to meeting our members’ diverse financial needs through low loan rates, low or no fee products and services, unbeatable value, superior service, and untiring innovation. We provide top-notch financial products and services for our members.

In addition, we make protecting the security of our members’ accounts one of our top priorities­­ – and we are always going to extra lengths to protect your personal and financial information.

After more than 60 years of serving you, Tower is financially stronger than ever and remains committed to helping you achieve your financial goals.


Tower at a Glance

Tower Highlights
Figures as of: 11/08/2018
Assets:$3.04 billion
Loans:$2.41 billion
Deposits:$2.65 billion


Annual Report

Statement of Financial Condition


The Credit Union Difference

At Tower Federal Credit Union, we aren’t beholden to stockholders – because we don’t have any. Credit unions are not-for-profit cooperatives, which means our members are part owners of Tower.  Since we don’t answer to stockholders, we can offer you lower fees, higher dividends, great rates on loans, and many membership perks like investment services, online car buying service, HomeAdvantage® program, free financial counseling, free financial seminars, access to over 47,000 surcharge-free ATMs, and more.  Our members also have a voice in the direction we take, because members are responsible for electing a board of directors who they feel will have their best interests at the forefront.

With a credit union, you get the same stability you’d get with a bank, because your deposits are federally insured for up to $250,000 by the National Credit Union Administration (NCUA).


TowerCares Foundation

Tower Federal Credit Union is proud to have been the driving force behind the creation of the TowerCares Foundation. TowerCares is a separate entity that provides a vehicle for Tower members and employees, along with local businesses and others, to give back to their community. TowerCares’ mission is to support children in need as well as brave and heroic individuals who have sacrificed while defending our freedom, and their impacted families. Tower Federal Credit Union plans to be an ardent supporter of TowerCares. For more information, visit



Not a member of Tower Federal Credit Union yet? See if you are eligible to join!

For further assistance, please visit a branch or call our Member Service Center at 301-497-7000 or 866-56-TOWER.


Routing Number

ABA Routing Number: 255077370