Tower Credit Union Pasadena MD | Low Mortgage Rates & Business Banking

Introduction

At Tower, we believe that strong financial support can empower our community to thrive. Located at 8146 Ritchie Hwy, Pasadena, MD 21122, our Pasadena Branch is more than just a credit union; it's a hub for local families and businesses striving to achieve their financial goals. Established in 1953, Tower has grown alongside its members, proudly serving over 226,000 individuals with a commitment to personalized service and community engagement. With total assets of $4,581,628,230 and deposits amounting to $586,920,087, we are well-positioned to provide robust financial solutions tailored to your needs. Our diverse offerings include auto loans, mortgages, personal loans, and business banking services all designed to help you manage your finances effectively. We understand that each member's journey is unique; that's why our dedicated team of 620 employees is here to guide you every step of the way. Led by CEO Richard Stafford and Board President Arland White, Jr., our leadership team prioritizes transparency and integrity in all our operations. We take pride in maintaining a net worth of $620,561,604 while ensuring you have access to the resources necessary for successful financial management. While members can visit us at our branch location for personal assistance or inquiries, official correspondence should be directed to PO Box 123, Annapolis Junction, MD 20701-0123. Feel free to reach out at 301-497-7000 during our lobby 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 at Tower today! Discover how we can support your financial dreams with tailored solutions that reflect our commitment to your success. Visit us online at towerfcu.org or stop by our Pasadena Branch we're excited to serve you!

Branch History & Mission

Welcome to Tower, a proud part of the Pasadena community since 1953. Nestled at 8146 Ritchie Hwy, Pasadena, MD 21122, our branch has a rich history that reflects our commitment to serving our members and the broader community. Over the years, we have grown significantly, currently boasting a total membership of 226,817 individuals who trust us with their financial needs. Tower started with a simple mission: to provide accessible and affordable financial services while fostering a sense of community among our members. As we evolved, so did our commitment to innovation and customer service. Today, we proudly manage assets totaling $4,581,628,230, ensuring that we have the resources needed to support our members in achieving their financial goals. Our mission is more than just numbers; it's about making a real difference in people's lives. We strive to empower our members through personal banking solutions such as checking and savings accounts, auto loans, mortgage options, personal loans, and credit cards with rewards. We also offer business banking services to support local entrepreneurs and businesses. While members can visit us at 8146 Ritchie Hwy, official correspondence should be sent to PO Box 123, Annapolis Junction, MD 20701-0123. Our location is convenient for everyone in Pasadena and nearby areas. At Tower, we understand that banking needs are changing. That's why we are committed to providing modern solutions like online and mobile banking. Members can enjoy the convenience of accessing their accounts anytime and anywhere. For those who prefer face-to-face interaction, we also offer drive-thru banking for quick transactions. Our operating hours are designed with our members in mind: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. Plus, with ATM availability at our branch and additional drive-thru services for deposits and withdrawals, we've made it easier than ever for you to manage your finances. Community outreach is at the heart of everything we do at Tower. Through partnerships with local organizations and initiatives aimed at supporting education and economic growth in Pasadena and surrounding areas, we strive to uplift those around us. As we continue on this journey together, we invite you to join us at Tower. Experience the benefits of becoming a member of a credit union that truly cares about your financial well-being and community development. Visit us today or check out our website here for more information on how you can become part of our family!

Branch Location & Accessibility

Connect With Us

If you have any questions or need assistance, don't hesitate to reach out! Give us a call at 301-497-7000. We look forward to welcoming you in person or helping you over the phone. Remember, while members can visit us at 8146 Ritchie Hwy for all their banking needs, official correspondence should be sent to PO Box 123, Annapolis Junction, MD 20701-0123. We can't wait to assist you at Tower!

Nearby Landmarks and Accessibility

Our branch is located near popular spots like the Lakeshore Plaza and just a short drive from the scenic Broadneck Park. You'll find ample parking available, making it easy for you to visit us. The branch is also fully ADA compliant, ensuring everyone can access our services without any barriers.

Operating Hours and Services

We understand that your time is valuable. That's why 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 ideal for both busy weekdays and weekend visits. At Tower, we offer a variety of services tailored to meet your needs. From personal banking options such as checking and savings accounts to auto loans and mortgage refinancing, we are here to support your financial journey. Plus, enjoy the convenience of our drive-thru service for quick deposits or withdrawals without leaving your vehicle. For those who prefer digital solutions, we have robust online and mobile banking options available. You can manage your finances on-the-go with ease!

Member Eligibility

Joining the Tower family means becoming part of a community that truly cares about your financial well-being. At our Pasadena branch, located at 8146 Ritchie Hwy, we welcome anyone who shares our commitment to building a brighter financial future. Whether you live, work, worship, or attend school in the areas we serve, you're eligible to become a member! This means you can enjoy all the benefits we offer, from personalized banking services to competitive loan rates. For more detailed eligibility information, feel free to check out this link. Opening an account is simple and straightforward. Just visit us at our branch or head over to our website for easy online applications. If you have any questions or need assistance, don't hesitate to reach out at 301-497-7000. We're here to help you every step of the way as you embark on this exciting journey with us at Tower!

Business Banking & Commercial Services

Business 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.

Merchant Services

In addition to loans, our merchant services make everyday transactions easy and efficient. Imagine having a reliable partner for processing payments whether in-store or online allowing you to focus on what truly matters: running your business. From credit card processing to point-of-sale solutions, we provide the tools you need to serve your customers better. Visit us at 8146 Ritchie Hwy Pasadena Md 21122 in Pasadena, MD or call us at (301) 497-7000 to learn more about how our business banking services can support your vision for success.

Comprehensive List Of Services

Business Banking Services

For our business members, we offer essential banking solutions like merchant services and business loans tailored specifically for small businesses. We know how important it is for entrepreneurs to have access to reliable financial support. That's why our team is dedicated to helping you navigate the process smoothly.

Convenient Banking Features

We believe that banking should be as accessible as possible. That's why we provide basic drive-thru banking services for deposits, withdrawals, and simple transactions perfect for those on-the-go moments when time is of the essence. And if you're in need of quick cash access, our ATMs are readily available for your convenience.

Digital Banking at Your Fingertips

In today's fast-paced world, having control over your finances digitally is crucial. At Tower, we prioritize your convenience through robust online and mobile banking platforms. You can easily transfer money between accounts, pay bills, or even send money to friends and family with just a few taps on your smartphone. Whether you're visiting us at 8146 Ritchie Hwy Pasadena Md 21122 or accessing our services online through Pasadena Branch-ritchie Hwy, we aim to make every interaction smooth and enjoyable. If you have any questions about our offerings or would like assistance in choosing the right service for you, don't hesitate to reach out! Feel free to call us at (301) 497-7000 or visit us during our operating 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 at Tower today and experience the difference!

Personal Banking Solutions

When it comes to managing your everyday finances, our personal banking services are here for you. Whether you're looking to open a checking or savings account, apply for an auto loan or vehicle financing, or secure a mortgage loan and refinancing options, we've got you covered. Our personal loans and debt consolidation services can help simplify your financial life, making it easier to manage expenses. Imagine being able to enjoy rewards while using your credit card our credit cards come with great benefits that make spending more rewarding. Plus, with online and mobile banking available, you can manage your accounts anytime, anywhere. Need cash? Our ATM services allow for easy withdrawals and balance checks right from your mobile device.

Digital & Online Banking

At Tower, we understand that your time is valuable. That's why we've designed our digital and online banking services to be both convenient and secure, allowing you to manage your finances on your terms. Whether you're at home or on the go, accessing your accounts has never been easier. With our user-friendly online banking platform, available at https://www.towerfcu.org/, you can check balances, transfer funds, and pay bills anytime, anywhere. Need to send money to a friend? Our person-to-person transfers make it simple and quick. Plus, with our mobile application, you can carry your bank right in your pocket perfect for managing your finances wherever life takes you. We prioritize your security. Though we don't currently offer electronic signature authorization, rest assured that all transactions are protected with robust security measures. You can also enjoy the peace of mind that comes with e-statements; this feature allows you to view your statements electronically, keeping your information safe and easily accessible. Additionally, if you're someone who loves to use mobile payments, you're in luck! Our services support mobile payment options so you can make purchases effortlessly. And with 24/7 online banking services available, managing your accounts outside of regular business hours is completely hassle-free. At Tower, we're committed to providing our members with accessible, easy-to-use tools for real-time account management. Join us today and experience how our digital banking solutions can enhance your financial journey!

Financial Strength

At Tower, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to maintaining strong financial health ensures that you can trust us with your hard-earned money. With a net worth of $620,561,604, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1352 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. 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 are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $610,582,282 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $40,515 in used auto loans and a total of $3,387,825,443 in loans and leases. Our operational efficiency is reflected in our $0 net income, 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 and committed team. Total Share and Deposit Accounts stand at an impressive 478,835, showing a strong and growing member base that trusts us with their finances. 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 8146 Ritchie Hwy Pasadena Md 21122 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

Additional Lending Solutions

In addition to auto and mortgage loans, we provide various other lending solutions including personal loans and lines of credit. Our total credit lines reach $1,158,913,500, ensuring you have access to funds when you need them most. For business owners, our outstanding commercial loans totaling $0 are currently not available; however, we continually assess our offerings to better serve our community's needs. If you're interested in any of these loan products or would like more information about eligibility and refinancing options, please feel free to reach out at (301) 497-7000. You can visit us at 8146 Ritchie Hwy Pasadena Md 21122 in Pasadena, MD, or check out our website at Tower for more details. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

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. We also provide refinancing options for existing auto loans, making it easier for you to lower your monthly payments or take advantage of better interest rates.

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 offer flexible terms and competitive rates tailored to fit your needs.

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. Whether you're looking to consolidate debt or make a large purchase, our credit cards come with features designed to make your life easier.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. 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!" This testimonial reflects the effectiveness and reliability of the service. 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.*

How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This approach guarantees that users receive fair and transparent offers tailored to their needs.

Tower

Type of Loan Offerings

Home Equity Loans

Mortgage Loans

Personal Loans

Vehicle Loans

Introduction

Branch History & Mission

Branch Location & Accessibility

Connect With Us

Nearby Landmarks and Accessibility

Operating Hours and Services

Member Eligibility

Business Banking & Commercial Services

Business Loan Options

Merchant Services

Comprehensive List Of Services

Business Banking Services

Convenient Banking Features

Digital Banking at Your Fingertips

Personal Banking Solutions

Digital & Online Banking

Financial Strength

Loan Offering

Additional Lending Solutions

Auto Loans

Mortgage Loans

Unsecured Credit Card Loans

Loan Aggregator

Benefits of Using LendMesh

How LendMesh Ensures Accurate Comparisons

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