TOWER Credit Union Profile

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TOWER

Charter #8333 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (301) 497-7000

Fax: (301) 497-8933

Founding Date: N/A

Website: https://www.towerfcu.org

Personnel & Operations

President: White, Jr, Arland

Manager: Stafford, Richard

FT Employees: 607

PT Employees: 11

Designations & Ratios

MDI Status: No

RBC Ratio: 19.38%

Membership Type: 36

Branches: 17

Hours: M-F 8:00 AM TO 4:30PM

Credit Union Profile Summary

TOWER is a FCU Credit Union. With a total of 223,558 members [1], this institution manages approximately $4,719,176,878 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 13.99% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 6.53% [1].

Financial Snapshot

Total Assets [1]
$4,719,176,878

Total economic resources.

Total Loans [1]
$3,575,629,741

Total value of outstanding loans.

Total Deposits [1]
$4,093,438,693

Total funds deposited by members.

Members [1]
223,558

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.99%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.24%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
87.35%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
2.46%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
6.53%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-0.38%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

7901 SANDY SPRING RD

LAUREL, MD, 20707

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 17 branches reported by TOWER (Charter #8333).

Main Office

Laurel Headquarters Main Office

Type: Corporate Office

7901 Sandy Spring Rd

Laurel, MD 20707

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Annapolis

Annapolis

Type: Branch Office

810 Bestgate Rd

Suite 110

Annapolis, MD 21401

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Annapolis Junction

National Business Park

Type: Branch Office

300 Sentinel Dr

Annapolis Junction, MD 20701

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Clarksville

Clarksville Branch

Type: Branch Office

6030 Daybreak Cir Ste A100

Clarksville, MD 21029

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Columbia

Snowden Branch

Type: Branch Office

9021 Snowden Square Dr

Columbia, MD 21046

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Ellicott City

Ellicott City

Type: Branch Office

9150 Baltimore National Pike Ste 12

Ellicott City, MD 21042

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Fort George G Meade

Lewis Branch

Type: Branch Office

9800 Savage Rd Ops 2

Fort George G Meade, MD 20755-5999

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Ft Meade

Burgin Branch

Type: Branch Office

9824 Herczog Rd

Ft Meade, MD 20755

Phone: (301) 497-7000

Services: Member Services

Open in Directions

R&E Branch

Type: Branch Office

9840 O'Brien Road

Ft Meade, MD 20755

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Gambrills

Gambrills Branch

Type: Branch Office

1077 State Route 3 N

Gambrills, MD 21054-1722

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Hanover

Arundel Mills Branch

Type: Branch Office

7065 Arundel Mills Blvd

Hanover, MD 21076

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Laurel

Laurel Branch

Type: Branch Office

7901 Sandy Spring Rd

Laurel, MD 20707

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Linthicum

FANX Branch

Type: Branch Office

840 Elkridge Landing Rd

Linthicum, MD 21090

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Millersville

Millersville Branch

Type: Branch Office

231 Najoles Rd

Millersville, MD 21108

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Owings Mills

Owings Mills Branch

Type: Branch Office

9207 Lakeside Blvd

Owings Mills, MD 21117

Phone: (301) 497-7000

Services: Member Services, ATM

Open in Directions

Pasadena

Magothy Beach Branch

Type: Branch Office

25 Magothy Beach Rd

Magothy Beach Plaza

Pasadena, MD 21122

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Pasadena Branch-Ritchie Hwy

Type: Branch Office

8146 Ritchie Hwy

Pasadena, MD 21122

Phone: (301) 497-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions