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Tower Federal Credit Union Rates & Review September 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated and Verified: September 3, 2026
Tower Federal Credit Union's 2 Year CD rates are at 4.50%, Regular IRA CDs 2 year rates are at 4.50%, Jumbo CDs 274 - 365 days rates are at 4.45%, 1 Year CD rates are at 4.40%, 5 year Mini-Jumbo IRA CD rates are at 4.40%. Tower Federal Credit Union's money market rates are at 0.15%. Tower Federal Credit Union's First Mortgage Rates - Fixed - 15 Year rates are at 6.12%, First Mortgage Rates - Fixed - 10 Year rates are at 6.12%, First Mortgage Rates - Fixed - 15 Year Jumbo rates are at 6.38%, First Mortgage Adjustable Rates - 5 Year ARM rates are at 5.88%, First Mortgage Rates - Fixed - 10 Year Jumbo rates are at 6.38%. Tower Federal Credit Union's Personal Loan Rates are at 7.24%. MonitorBankRates evaluates the financial stability of Tower Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.68%. Rates last updated and verified on 09/03/2026. Tower Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Tower Federal Credit Union? Share your experience about Tower Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Tower Federal Credit Union. Tower Federal Credit Union
Laurel Headquarters 7901 Sandy Spring Rd
http://towerfcu.org Laurel, MD 20707 
Tower Federal Credit Union CD Rates
Tower Federal Credit Union Savings Rates
Tower Federal Credit Union Money Market Rates
Tower Federal Credit Union Checking Rates
Tower Federal Credit Union Mortgage Rates
Tower Federal Credit Union Home Equity & HELOC
Tower Federal Credit Union Personal Loan Rates
Financial Health HistoryTower Federal Credit Union’s Texas Ratio rose from 1.05% in Q2 2023 to 1.68% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the amber line marks the 15% level a credit union must stay under to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures. Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy threshold
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How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops. Show the quarterly figures
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Tower Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Tower Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Tower Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Tower Federal Credit Union
Website
http://towerfcu.org
Address
7901 Sandy Spring Rd,
Laurel, MD 20707
Phone
301-497-7000
Fax
301-497-8933
President
Arland White, Jr
CEO
Richard Stafford
Full-Time Employees
621
Part-Time Employees
7
Branch Locations
17
ATM Locations
15
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.68%
Return on Assets (ROA)
0.2639%
Return on Equity (ROE)
1.8864%
Non-Performing Loans Ratio (NPL)
0.33%
Total Assets
5,003,087,741
Total Amount of Shares and Deposits
4,320,962,776
Total Shares and Deposits < 1 Year
3,294,061,992
Total Shares and Deposits 1 3 Years
917,980,972
Total Shares and Deposits > 3 Years
108,919,812
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
567,309,154
Total Uninsured Shares and Deposits > $250K (F+J)
567,309,154
Total Insured Shares and Deposits > $250K (item 17 less item K)
3,753,653,622
Total Interest Expense (Sum of items 6 8)
17,199,132
Share Certificates
28,314
Number of Accounts for Share Drafts
117,944
IRA KEOGH Accounts
9,674
Number of Accounts for Regular Shares
295,134
All other shares
5,046
Money Market Shares
12,034
Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)
Well Capitalized
Net Worth Classification if credit union is a new credit union
Well Capitalized
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
613,372,263
Total Liabilities
4,352,098,901
Source: NCUA — Last Updated 03/31/2026
Customer Reviews
There are no reviews for Tower Federal Credit Union yet. Feel free to create one below.
Looking for more bank and credit union reviews?
Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.
Add Your Rating and Review for Tower Federal Credit Union
Frequently Asked Questions About Tower Federal Credit UnionHow many branches does Tower Federal Credit Union operate?Tower Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Tower Federal Credit Union?Yes, to access services at Tower Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Tower Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Tower Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Tower Federal Credit Union offer online and mobile banking?Most modern institutions like Tower Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://towerfcu.org. Current Tower Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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