Great rates, member-only benefits and more.
Save money on your next car, truck, or SUV loan; new or used.
Get approved in minutes. Ask us about an Auto Express Loan Check.
0.25% off loan rates for using the Tower Car Buying Service and financing at Tower, get another 0.25% off when you enroll in automatic monthly loan payments.
Use the Tower Car Buying Service for transparent pricing on cars you like. Search for new or used vehicles.
- Search: Research and Compare competitively priced new and used vehicles.
- Lock-in Savings: Select the vehicle from in-stock inventory of local dealers and receive an upfront price offer.
- Visit the Certified Dealer: Test drive your car and if it is the one you love, let the dealership know you are financing with Tower.
- Finalize Your Financing: Give us a call when you have selected your vehicle and have a Purchase Order. Your check and loan documents will be finalized.
A no-hassle approach to getting a great deal. Thanks to our partnership with TRUECar®, you can conduct detailed research on a wide range of models, and then browse TRUEcar dealer inventory until you find what you're looking for.
- Search Vehicles Online No wasted time going from one dealer to the next.
- Loan Discounts 0.25% off loan rates for using the service and financing at Tower, get another 0.25% off when you enroll in automatic monthly loan payments.
- Have a Car to Sell? Find out how much your trade is worth from the convenience of home using TrueCar Trade
- GAP Advantage with PowerBuy: If your vehicle is stolen or damaged beyond repair, GAP covers any shortfall between your insurance settlement and the amount you still owe on your auto loan.
- Extended Warranty: Avoid budget-breaking repair bills with coverage that picks up where the dealer or manufacturer warranty on your car leaves off.
- Loan Payment Protection: For a low price, you can enjoy peace of mind that comes with knowing that your loan payments will be covered if you encounter life events such as job loss, illness or disability.
Tower has you covered for everything you need to buy your car with ease. Once you find the car you want, at the price you want, you can get pre-approved for a Tower car loan before you purchase. Then, you can negotiate with the dealer for the exact amount – and pay for your purchase on the spot just like a cash buyer. It's that simple.
- Save time. Get easy pre-approval before you go to the dealer.
- Add convenience. Checks are valid for 30 days, so you can take your time finding the right vehicle.
- Protect your credit. Eliminates the need for additional credit inquiries that can lower your credit score. Auto Express Loan Checks can be used at franchise dealers in MD, DC, PA, DE & VA. Certain restrictions apply.
According to the "Property Insurance" terms of your Credit Agreement, you are required to maintain insurance for any vehicle used as collateral to secure a loan with the credit union. Coverage must include fire, theft, comprehensive loss-by-collision (with maximum deductibles of $500.00 for Collision and $500.00 for Comprehensive), and liability protection.
Tower Federal Credit Union must be listed as "loss payee" on the insurance policy for any vehicle used as collateral to secure a loan with the credit union. You must supply the credit union with your auto insurance company name and policy number.
Please provide the following to your insurance provider for listing as the "loss payee":
Tower Federal Credit Union
PO Box 123
Annapolis Junction, MD 20701 -0123
Tower Federal Credit Union must be listed as the "lien holder" on the title for any vehicle used as collateral to secure a loan with the credit union.
Please record the lien in favor of the following:
Tower Federal Credit Union
P.O. Box 660426
Sacramento, CA 95866-0426