What Does Tower Federal Credit Union Do?

Total employees650
HeadquartersLaurel
Founded1953

Tower Federal Credit Union is a member-owned, not-for-profit financial institution committed to providing its members with a comprehensive suite of financial products and services. From everyday banking like checking and savings accounts to significant life purchases such as auto loans and mortgages, Tower focuses on delivering value, competitive rates, and personalized service. As a credit union, its profits are returned to members in the form of lower loan rates, higher savings yields, and fewer fees. They emphasize financial well-being, member education, and active community involvement, striving to be a trusted financial partner for life.

Where Is Tower Federal Credit Union's Headquarters?

Tower Federal Credit Union officeTower Federal Credit Union officeTower Federal Credit Union officeTower Federal Credit Union office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters houses key administrative departments, including executive leadership, operations management, IT, marketing, human resources, finance, risk management, and member support strategy. It supports the entire branch network and digital service delivery.

Notable Features:

A modern office facility designed to foster collaboration and efficiency, equipped to support the needs of a contemporary financial institution. It likely includes secure data centers and member support infrastructure.

Work Culture:

The work culture at Tower Federal Credit Union's headquarters is centered around member service, teamwork, financial integrity, and community focus. Employees are encouraged to embody the credit union philosophy of 'people helping people' and contribute to the financial well-being of members.

HQ Significance:

The Laurel headquarters is significant as it anchors Tower's operations in Maryland, a region it has served for decades. It symbolizes the credit union's stability, growth, and commitment to its membership base, originally founded to serve employees of the National Security Agency (NSA).

Values Reflected in HQ: The headquarters aims to reflect Tower's core values: member focus, integrity, community commitment, innovation, and employee well-being. The design and operations likely prioritize security, accessibility for support staff, and a professional environment.

Location:

Tower Federal Credit Union's primary physical presence and community focus are concentrated in Maryland, serving specific counties and employee groups. While it does not operate international branches, Tower provides global access to accounts for its members through robust online banking platforms, mobile applications, a nationwide network of CO-OP Shared Branches, and surcharge-free ATMs. This ensures members can manage their finances and access services conveniently, regardless of their location.

Street Address:

7901 Sandy Spring Road

City:

Laurel

State/Province:

MD

Country:

USA

Where Else Does Tower Federal Credit Union Operate Around the World?

Annapolis, MD, USA

Address: 2418 Solomons Island Road, Annapolis, MD 21401

To offer convenient, in-person financial services and expert support to members residing, working, or visiting the historic city of Annapolis and surrounding Anne Arundel County, fostering local economic well-being and community engagement.

Columbia, MD, USA

Address: 6320 Dobbin Road, Columbia, MD 21045

Serves as an accessible financial resource for the diverse and populous community of Columbia in Howard County, supporting members' financial goals and contributing to the region's economic vitality.

Owings Mills, MD, USA

Address: 10460 Mill Run Circle, Owings Mills, MD 21117

To provide accessible, member-focused financial solutions and personalized service to the growing residential and business community in northwestern Baltimore County, enhancing their financial stability and opportunities.

Buying Intent Signals for Tower Federal Credit Union

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Tower Federal Credit Union? Meet the Executive Team

As of April 2025, Tower Federal Credit Union' leadership includes:

Richard "Rick" Stafford, Jr. - President & CEO
Thomas A. Bombria - SVP, Chief Lending Officer
Alphonso D. Westley - SVP, Chief Financial Officer
Barry Stricklin - SVP, Chief Information Officer
Rhonda G. Pierce-Brooks - SVP, Chief Human Resources Officer
Jennifer K. Gasser - SVP, Chief Marketing Officer
Marci S. Cabeda - SVP, Chief Member Services Officer

Who's Investing in Tower Federal Credit Union?

Tower Federal Credit Union has been backed by several prominent investors over the years, including:

Tower Federal Credit Union is a member-owned cooperative financial institution. It is not publicly traded and does not have external investors in the traditional corporate sense. Its members are its owners, and profits are returned to them through better rates and services.

What Leadership Changes Has Tower Federal Credit Union Seen Recently?

Hire3
Exits0

Over the past 12 months, Tower Federal Credit Union has strengthened its leadership team with key promotions to Senior Vice President roles and the addition of a new Vice President, enhancing its capabilities in marketing, member services, and real estate lending.

New Appointments:

Jennifer K. Gasser, Jennifer K. Gasser was promoted to Senior Vice President and Chief Marketing Officer.
Marci S. Cabeda, Marci S. Cabeda was promoted to Senior Vice President and Chief Member Services Officer.
Christopher Maple, Christopher Maple was appointed as Vice President of Real Estate Lending.

What Technology (Tech Stack) Is Used byTower Federal Credit Union?

Discover the tools Tower Federal Credit Union uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Tower Federal Credit Union Email Formats and Examples

Tower Federal Credit Union primarily uses the `first.last@towerfcu.org` email format for its employees. This is a common and professional structure for business communications.

[first].[last]@towerfcu.org

Format

jane.doe@towerfcu.org

Example

90%

Success rate

What's the Latest News About Tower Federal Credit Union?

Tower Federal Credit Union Newsroom • May 22, 2024

Tower Federal Credit Union Awards $60,000 in College Scholarships

Tower Federal Credit Union announced the awarding of $60,000 in college scholarships to twelve student members through its annual Scholarship Program. This initiative underscores Tower's commitment to supporting the educational aspirations of its young members and investing in the future of the community....more

Business Wire • May 15, 2024

Tower Federal Credit Union Partners with Zest AI to Expand Fair and Equitable Lending

Tower Federal Credit Union has partnered with Zest AI, a leader in AI-powered lending technology, to enhance its loan decisioning process. This collaboration aims to provide more equitable and inclusive access to credit for its members by leveraging advanced AI models for fairer risk assessment....more

CUInsight • March 21, 2024

Tower Federal Credit Union Welcomes Christopher Maple as Vice President of Real Estate Lending

Tower Federal Credit Union announced the appointment of Christopher Maple as its new Vice President of Real Estate Lending. Maple will oversee the credit union's real estate lending operations, products, and services, bringing valuable experience to the team....more

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