Tower Credit Union Ellicott City MD | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Tower Credit Union, your trusted partner in financial well-being since 1953. Nestled at 9150 Baltimore National Pike Ste 12, Ellicott City, MD 21042, we are proud to serve our community with a commitment to excellence and personalized service. With over 226,000 members and total assets exceeding $4.58 billion, we have built a strong foundation of trust and reliability. At Tower, we believe that every member deserves access to exceptional financial services tailored to their needs. Whether you're looking for checking accounts, auto loans, or business banking solutions, our diverse offerings ensure that you find the right fit. As of now, we hold a robust total loan portfolio of 172,523 loans and leases and have accumulated total deposits of $586,920,087 a testament to our members' trust in us. While you can visit us at our branch location, please direct any official correspondence to PO Box 123, Annapolis Junction, MD 20701-0123 if needed. Our dedicated team of 620 employees, led by CEO Richard Stafford and Board President Arland White, Jr., is here to assist you with any inquiries you may have. We invite you to explore our website at Tower FCU for more information about our services and how we can help you achieve your financial goals. Have questions? Don't hesitate to call us at 301-497-7000 during our business hours: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Join us today and experience the difference that a member-focused credit union can make in your financial journey!

Branch History & Mission

Our Mission

At Tower, our mission is simple yet powerful: to provide exceptional financial services while enhancing the quality of life in our community. We strive to empower members with personalized banking solutions, including checking and savings accounts, auto loans, mortgages, personal loans, and credit cards with rewards. Beyond just banking, we are committed to fostering community connections through outreach programs and partnerships that uplift those around us. As part of our dedication to service excellence, we maintain total assets exceeding $4.5 billion and offer modern conveniences such as ATM access and mobile banking options for your ease. Whether you're looking for assistance with loans or want guidance on your financial journey, our team is here to help. While members can visit us at 9150 Baltimore National Pike Ste 12, official correspondence should be sent to PO Box 123, Annapolis Junction, MD 20701-0123 if needed. We believe that banking should be accessible for everyone. That's why we focus on ADA compliance and customer-friendly initiatives that ensure all members feel welcome. Join us at Tower today! Experience the difference of being part of a community-focused credit union dedicated to helping you achieve your financial goals. Together, let's build a brighter future for ourselves and our neighbors. For more information about membership or services offered, please call us at 301-497-7000 or visit our website.

Branch Location & Accessibility

Welcome to Tower Credit Union, conveniently located at 9150 Baltimore National Pike Ste 12 in Ellicott City, MD. Our branch is nestled in a vibrant area, making it easy for you to visit us while you're out and about. You can find us near local favorites like the Ellicott City Historic District and the beautiful Patapsco Valley State Park, perfect for a quick stop before or after your outdoor adventures. At Tower, we prioritize accessibility for all our members. Our branch features ADA-compliant entrances and ramps, ensuring that everyone can easily access our services. Plus, ample parking is available right outside, so you won't have to worry about finding a spot when you come by. We understand that your time is valuable. That's why we offer flexible operating hours: we're open Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Whether you need help with personal banking, auto loans, or mortgage refinancing, our friendly team is here to assist you during these convenient hours. If you prefer digital banking options, we've got you covered! With ATM availability on-site and a range of online and mobile banking services, managing your finances has never been easier. While we don't have drive-thru service at this location, our ATMs provide essential cash withdrawal and balance checking services whenever you need them. For any official correspondence or if you'd like to send us a letter, please address it to our mailing address: PO Box 123, Annapolis Junction, MD 20701-0123. Feel free to reach out to us at 301-497-7000 with any questions or concerns. We look forward to welcoming you at Tower Credit Union where your financial needs come first!

Member Eligibility

At Tower, we believe that everyone deserves a chance to be part of a caring community. Joining us is simple and welcoming! If you live, work, or worship in the area, you're likely eligible to become a member. This means you can take advantage of our tailored financial services that prioritize your needs and well-being. We're here to support you with everything from personal banking to loans designed for your lifestyle. To see the complete details on eligibility, feel free to visit our website at https://www.towerfcu.org/about/membership. Once you're ready to become a member, opening an account is a breeze! You can start the process right away by visiting https://www.towerfcu.org/loans/apply-for-a-loan. If you have any questions or need assistance, don't hesitate to reach out to us at (301) 497-7000. We can't wait to welcome you into the Tower family at 9150 Baltimore National Pike Ste 12 Ellicott City Md 21042!

Business Banking & Commercial Services

Comprehensive Merchant Services

In addition to loans, we offer robust merchant services that simplify payment processing. Picture this: you're at a busy market, and a customer wants to pay with their card. With our merchant services, you can quickly accept payments, ensuring you never miss a sale. This not only enhances customer satisfaction but also helps streamline your operations. Located at 9150 Baltimore National Pike Ste 12 Ellicott City Md 21042 in Ellicott City, MD, we're ready to partner with you on your path to success. For more information, feel free to reach us at (301) 497-7000 or visit our website at https://www.towerfcu.org/. Let's grow together!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM Services

Need cash on-the-go? Our ATM services allow for hassle-free withdrawals and balance checks whenever necessary. With multiple ATMs available in the area, accessing your money has never been easier. We invite you to explore how these services at Tower can make managing your finances simpler and more effective. Visit us at 9150 Baltimore National Pike Ste 12 Ellicott City Md 21042 in Ellicott City, MD, or give us a call at (301) 497-7000. Let us partner with you in achieving your financial goals today!

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our auto loans and vehicle financing options make it easy to hit the road without breaking the bank. We provide flexible terms and competitive rates that can fit any budget. Imagine driving off in your dream car while knowing you secured the best possible financing!

Business Banking Services

For our business members, we offer comprehensive business banking services, including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, we have tailored solutions to help your business thrive.

Convenient Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why at Tower, we offer robust online and mobile banking features. Access your accounts from anywhere using our user-friendly app where you can check balances, transfer funds, and pay bills all at the touch of a button.

Credit Cards with Rewards

Our credit cards not only provide convenience but also come with rewards that enhance your spending power. Imagine earning points on every purchase that can be redeemed for travel, merchandise, or cash back making each transaction rewarding!

Mortgage Loans & Refinancing

If homeownership is on your mind, our mortgage loans and refinancing options are here to support you every step of the way. We offer various mortgage products that can make buying a home more accessible than ever. Plus, if you're considering refinancing your current mortgage, our team can guide you through the process and help you find savings.

Personal Banking Solutions

Starting with personal banking, we offer checking and savings accounts designed for every lifestyle. If you're planning a family vacation or saving for a new home, our savings accounts provide competitive interest rates to help your money grow. For everyday expenses, our checking accounts come equipped with easy online access and mobile banking features so you can manage your funds anytime, anywhere.

Personal Loans & Debt Consolidation

For those unexpected expenses or plans that require immediate funding, our personal loans are designed to give you quick access to cash. Whether it's consolidating debt or covering medical bills, we'll work with you to find a solution that fits your financial situation.

Digital & Online Banking

Key Features for Your Convenience

Our online banking platform is user-friendly, allowing you to check balances, transfer funds, and pay bills with just a few clicks. If you're always on your phone, our mobile application makes it even simpler to manage your money right from your pocket. Plus, you can enjoy the convenience of mobile payments, making transactions faster than ever. For those who prefer a paperless option, we offer e-statements that keep your account information secure and accessible at any time. You'll never have to dig through piles of paperwork again! Additionally, if you need to send money quickly to friends or family, our person-to-person transfer feature allows you to do just that with ease.

Safe and Secure Banking

Your security is our top priority. While we currently do not offer electronic signature authorization for transactions, rest assured that our online banking services are equipped with robust security measures. You can feel confident knowing that your information is protected while you manage your accounts. In today's fast-paced world, having real-time access to your financial information is crucial. At Tower, we are committed to providing you with the tools and features you need for effortless banking. Explore all that digital banking has to offer by visiting us online at https://www.towerfcu.org/ today!

Financial Strength

Commitment to Growth

Our commitment to your financial well-being is evident in our $610,582,282 in undivided earnings. This amount allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. Additionally, with $40,515 in used auto loans and $3,387,825,443 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Centric Savings Options

Members' savings are secured through $839,031,059 in share certificates and $471,197,123 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources focus on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 610 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $620,561,604, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is further reinforced by our net worth ratio of $1,352, which ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Member Trust

Total Share and Deposit Accounts: 478,835, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments stand at $7,381,923, further supporting our mission to empower your financial journey. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Tower is your trusted partner. Visit us at 9150 Baltimore National Pike Ste 12 Ellicott City Md 21042 or call (301) 497-7000 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $683,102,364 in used vehicle loans and $165,321,268 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, we have financing options tailored just for you.

Credit Card Options

Managing everyday expenses is made easier with our unsecured credit card loans. We also offer flexible terms on unsecured credit card loans, with a total of $154,242,944 in loans helping members manage their finances effectively. With our cards, you can enjoy rewards and benefits that fit your spending habits.

Financing for Business Owners

For business owners, our outstanding commercial loans totaling $0 provide the capital needed to grow and expand. While we currently do not have active commercial loan offerings, we encourage business members to explore other financing options available. At Tower, we believe in transparency and accessibility. If you're interested in refinancing or want to check your eligibility for any of our loan products, feel free to contact us at (301) 497-7000 or visit us at our branch located at 9150 Baltimore National Pike Ste 12 Ellicott City Md 21042 in Ellicott City, MD. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore your financing options today; we're here to help!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,351,420,673, make buying or refinancing simple. We provide guidance through every step of the mortgage process so that you can secure the home that fits your lifestyle.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in the options presented. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that users can trust. - Real-Time Rate Comparisons: Users can access up-to-date loan rates from multiple institutions, helping them make informed decisions about their borrowing needs. Thousands of users trust LendMesh for loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Tower

Type of Loan Offerings

Home Equity Loans

Mortgage Loans

Personal Loans

Vehicle Loans

Introduction

Branch History & Mission

Our Mission

Branch Location & Accessibility

Member Eligibility

Business Banking & Commercial Services

Comprehensive Merchant Services

Tailored Loan Options

Comprehensive List Of Services

ATM Services

Auto Loans & Vehicle Financing

Business Banking Services

Convenient Online & Mobile Banking

Credit Cards with Rewards

Mortgage Loans & Refinancing

Personal Banking Solutions

Personal Loans & Debt Consolidation

Digital & Online Banking

Key Features for Your Convenience

Safe and Secure Banking

Financial Strength

Commitment to Growth

Member-Centric Savings Options

Operational Efficiency

Our Financial Health

Strong Member Trust

Loan Offering

Auto Loans

Credit Card Options

Financing for Business Owners

Mortgage Loans

Loan Aggregator

Benefits of Using LendMesh

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