Tower Federal Credit Union (Company)

Tower Federal Credit Union was ranked #1 on Forbes Magazine’s Best-in-State Credit Unions for 2021, and was one of only five Maryland credit unions to make the Forbes Best-in-State list in 2020. 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 over $3.9 billion in assets and more than 199,000 members worldwide.

Tower is a co-operative organization that exists for the financial well-being of its member-owners. Unlike banks, there are no stockholders to pay. Profits are returned to members by keeping rates fair, fees low and deposits safe. As a member-owned, not-for-profit financial institution, Tower is committed to meeting our members’ diverse financial needs through unbeatable value, superior service, and untiring innovation. We provide top-notch financial products and services for our members. 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. After more than 60 years of serving you, Tower remains committed to its founding principles of sound money management and prudent lending practices. Tower strives to deliver value to its members through service excellence, price, honesty, convenience and safety.