Better than Banks

Tower Federal Credit Union is a not-for-profit, member-owned financial cooperative. There are no stockholders to pay. Our earnings are returned to members through low loan rates and few or no fee services.

Tower consistently ranks in the 90th percentile in overall service excellence—better than any traditional financial institution in Maryland.

(Source: Raddon Financial Group, 2015 Member Survey)

What’s In It For My Employees?

Just a $15 deposit gives them checking, savings, and lifetime membership.

Truly free checking with no minimum balance & free direct deposit.
For a limited time, new members will get a $50 cash bonus when they open a Tower account.

16 local branches, 47,000+ surcharge-free ATMs*

State-of-the art online and mobile banking technology

Free debit card with cash-back rewards

Credit card with cash-back rebates & no annual fee§

Tower Car Buying Service powered by TrueCar.® No-hassle pricing and discounted loan rates. Tower members save an average of $3,383 off MSRP.1

HomeAdvantage® program with Cash Rewards at settlement. Tower members save an average of $1,700. 0% Down Mortgage financing option available.ǂ

 

ǂ100% financing available for purchases of primary residences in MD, DC, VA, TX, CO and FL. Condominiums are excluded for FL. For loan amounts up to $453,100 and Loan-to-Value of 97.01% to 100%. 97% financing available in most states. Based on credit underwriting. 100% jumbo financing available for purchases of primary residences in MD, DC, and VA. For loan amounts from $453,101 to $625,500 and Loan-to-Value of 90.01% to 100%.

Click here for complete details.

Financial planning & investment services exclusively for Tower members. Non-commissioned, dedicated Wealth Advisors with an average of 18 years experience.

 

Securities and financial planning offered through LPL Financial, a Registered Investment Advisor, Member FINRA and SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Tower Federal Credit Union and Tower Wealth Management are not registered broker dealers nor affiliated with LPL Financial.

Not NCUA insured. No credit union guarantee. May lose value.

How Does My Company Join Tower?

Complete company profile & letter requesting Tower membership
Check eligibility
Tower’s Board of Directors approval
NCUA Approval
Success! Your company becomes part of Tower’s field of membership

Even heroes need a little help sometimes.
We are here to support you. Once your company joins Tower, we can help spread the word to your employees.

Your dedicated Tower account manager can tailor a strategy to fit your company’s needs. There’s no extra work for you. From free on-site seminars about helpful financial topics like budgeting, building credit, and planning for retirement, to support materials we can provide like newsletter articles, email blasts and posters, we can help make sure your employees maximize their Tower membership.

 

Ready to Be The

OFFICE HERO?

 

 

Contact me to find out how
your company can join Tower.

Gail Sanders
301-575-4434  •  gail.sanders@towerfcu.org

Mark Cruz
202-578-5767  •  mark.cruz@towerfcu.org

 

$50 deposit offer may be withdrawn at any time. Member must enter promotion code when applying online or provide promotion code to Member Service Representative at Tower branch. $50 deposit will be deposited in a qualified Prime Share account within 6-8 weeks from account opening. The minimum balance to open and maintain a Prime Share account is $5. Annual Percentage Yield (APY) is 0.65% and subject to change. Rates effective: 12/16/2018. Click here for current APY and rates. $50 bonus is subject to taxation. New member accounts only. Current Tower members, employees and their family members are not eligible for the $50 bonus. Tower’s field of membership eligibility requirements must be met to qualify.

*Tower-owned ATMs are totally free. At surcharge-free ATMs, your first four transactions each month are free. Each additional transaction is only $1.

§View Mastercard disclosures, rates and fees.

Securities and financial planning offered through LPL Financial, a Registered Investment Advisor, Member FINRA and SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Tower Federal Credit Union and Tower Wealth Management are not registered broker dealers nor affiliated with LPL Financial.

Not NCUA insured. No credit union guarantee. May lose value.
  • 1

    Auto MSRP Disclosure – Between 7/1/17 and 9/30/17, the average savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2017, was $3,383.