Charter 8333 · Laurel, MD
Tower Federal Credit Union
Tower Federal Credit Union is a federally chartered credit union in Laurel, Maryland, with $5.00 billion in assets and 222,073 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 14.31%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Tower FCU.
- Total assets
- $5.00 billion
- +6.0% in a year
- Members
- 222,073
- -0.7% in a year
- Net worth ratio
- 14.31%
- Peer median 10.79%
- Loans 60+ days late
- 0.39%
- Peer median 0.67%
- Loans outstanding
- $3.79 billion
- +6.1% in a year
- Shares and deposits
- $4.31 billion
- +5.3% in a year
- Branches
- 17
- 646 employees
- Opened
- 1953
- Federal charter
How Tower Federal Credit Union compares
NCUA groups credit unions by size; Tower Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 14.31% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.39%, is lower than the group median of 0.67%. Loans grew 6.1% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 3 of 60 credit unions headquartered in Maryland. See all Maryland credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $5.00 billion | 222,073 | $3.79 billion | 14.31% | 0.39% |
| Q1 2026 | $5.00 billion | 218,540 | $3.71 billion | 13.99% | 0.33% |
| Q4 2025 | $4.79 billion | 216,226 | $3.64 billion | 14.34% | 0.45% |
| Q3 2025 | $4.76 billion | 221,992 | $3.63 billion | 14.25% | 0.26% |
| Q2 2025 | $4.72 billion | 223,558 | $3.58 billion | 13.99% | 0.26% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 222,073 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 17 sites for Tower Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Laurel Headquarters (main office)
7901 Sandy Spring Rd, Laurel, MD 20707 - Arundel Mills Branch
7065 Arundel Mills Blvd, Hanover, MD 21076 - FANX Branch
840 Elkridge Landing Rd, Linthicum, MD 21090 - Laurel Branch
7901 Sandy Spring Rd, Laurel, MD 20707 - Ellicott City
9150 Baltimore National Pike Ste 12, Ellicott City, MD 21042 - Pasadena Branch-Ritchie Hwy
8146 Ritchie Hwy, Pasadena, MD 21122 - Owings Mills Branch
9207 Lakeside Blvd, Owings Mills, MD 21117 - Gambrills Branch
1077 State Route 3 N, Gambrills, MD 21054 - Millersville Branch
231 Najoles Rd, Millersville, MD 21108 - Snowden Branch
9021 Snowden Square Dr, Columbia, MD 21046 - Clarksville Branch
6030 Daybreak Cir Ste A100, Clarksville, MD 21029 - Burgin Branch
9824 Herczog Rd, Ft Meade, MD 20755 - R&E Branch
9840 O'Brien Road, Ft Meade, MD 20755 - Annapolis
810 Bestgate Rd, Annapolis, MD 21401 - National Business Park
300 Sentinel Dr, Annapolis Junction, MD 20701 - Magothy Beach Branch
25 Magothy Beach Rd, Pasadena, MD 21122 - ECB2
9250 Sigaba Way, Fort Meade, MD 20755
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology