Routing Number | 255077370

Financial Wellness

Tower Happenings—May 2023

Spring Real Estate Seminars
If you are in the market for a new home this spring, or planning to sell, join us at our next free informative seminar. We will arm you with the tools and knowledge you need to navigate the home buying and selling process. There is no cost or obligation to attend.

At our seminar, you'll gain insight into the home buying and selling process, current market conditions, tips on working with a real estate agent, Tower's mortgage financing options and more. You'll also find out how to earn Cash Rewards* through Tower's HomeAdvantage® program.*

Following are the upcoming seminar topics and dates. Please see our Events and Seminars page for details on each seminar and to register. Don't miss out!

Strategic House Hunting
Laurel Headquarters Cafe
Tuesday, May 23
6:00 p.m.-7:30 p.m.

All attendees will receive a certificate for $200 off closing costs on a Tower mortgage loan and $100 off title fees with Tower Title Services. We will also have a raffle.

Note: We are not able to accept loan applications during the seminars.

*See for complete details.


Free Shred Event at Laurel Branch on May 20th
Get rid of your sensitive documents securely at Tower's Shred Day on Saturday, May 20. The free event will be held from 10:00 a.m. to 1:00 p.m., in the parking lot of Tower's Laurel Headquarters Building.

Our shred days are fun for the whole family, while helping our members prevent fraud. There is a limit of five boxes of documents per car. While you're there, enjoy free refreshments, games and prizes.

You'll also have the opportunity to chat with representatives from the Tower Car Buying Service, Tower Wealth Management® and our HomeAdvantage® program.

We hope to see you there!


Last Call for Scholarship Entries
May 15, 2023 is the deadline to apply for a TowerCares Foundation College Scholarship. Click here to register and apply. Only online applications will be accepted.

The TowerCares Foundation has expanded its College Scholarship Program and will award up to 30 $5,000 scholarships for the 2023-24 academic year. Details.

Who is Eligible to Apply?

The TowerCares Foundation Scholarship Program is open to all current high school seniors and college freshmen, sophomores and juniors, who are enrolled or plan to enroll in a STEM (Science, Technology, Engineering, Math) or Foreign Language Linguistics major.

Applicants must also meet the following eligibility requirements*

  • Must attend an accredited U.S. two- or four-year college/university full-time for the 2023-24 academic year.
  • Must be a U.S. citizen and reside in Maryland, the District of Columbia, Pennsylvania or Virginia.

The Selection Process
Scholarship entries will be evaluated by an independent selection committee and recipients will be selected based on consideration of the following criteria: 

  • Academic performance 
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • Statement of career and educational goals and objectives

Additional consideration will be given to children/dependents of active duty military and veterans from all branches of the Armed Forces, including Reserve and Guard units.

The scholarship must be used for tuition and tuition-related expenses at accredited, two- or four-year colleges/universities. Award checks will be made payable to the college or university.

To learn more about the TowerCares Foundation and the charities we support, or to make a donation, please visit

*TowerCares scholarship winners are not eligible for additional TowerCares scholarships. TowerCares Foundation and Tower Federal Credit Union employees, board members, committee members, and their immediate family members are also ineligible.


Come to Tower's Annual Meeting
Tower's Annual Meeting will take place on Tuesday, May 16, 2023 at 5:00 p.m. at Tower Headquarters, 7901 Sandy Spring Road in Laurel, Md.

The Board of Directors' election results will be announced at the meeting. Come meet your newly elected Board and members of Tower's Senior Management team.

All Tower members are welcome to attend.