Tower Opens Branch, Makes $2,500 Donation
Laurel, MD—A grand opening celebration brought 350 people to Tower Federal Credit Union's newest branch in Pasadena's Magothy Beach Plaza, an event that featured residents shredding 2.5 tons of paper and a $2,500 contribution to an area organization dedicated to serving those living with disabilities.
Providence Center of Glen Burnie was the recipient of the grant, which it will use to continue its efforts on behalf of people with disabilities. The center has, for over 50 years, striven to help those 21 and older live more independent lives and function well in society.
"It means a lot when it's a local branch giving back to its community," said Aimee Bullen, director of development and community relations at Providence Center. "We're all partners in our communities."
About 100 people brought boxes to the giant shredder that was stationed next to the new branch at 25 Magothy Beach Rd., with one local resident saying she was taking care of all the papers in her attic and another deciding to shred the first check he ever wrote.
The BBQ Joint, a tenant of the plaza, donated sliders, and attendees also enjoyed food that Tower provided from others that populate the plaza, including Ledo Pizza and Dunkin' Donuts.
"We can offer better assistance to our members because of the location," said Maryte Meisinger, manager of the new branch. "This is a built up shopping center, so there are more services for everyone."
The new Magothy Beach branch replaces Tower branch on Fort Smallwood Road, located about three miles away in a less travelled shopping area. Staff at the Fort Smallwood location, which did not have a drive-thru, has moved to the Magothy Beach branch.
The new branch features an updated look, a drive-thru, Remote Teller Stations, for enhanced privacy and security, a self-service coin counting machine and ample parking.
The branch relocation is the latest step by Tower, the state's largest federal credit union by assets, to position itself to best serve its members. Tower has grown to $2.9 billion in assets since it was started in 1953 by seven members who each contributed $5 towards its creation. Tower offers comprehensive financial services through 16 branches and online, at towerfcu.org.