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Find a Location

Tower Federal Credit Union has 1 locations, listed below.

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    Business ProfileforTower Federal Credit Union

    Credit Union

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 9 Customer Reviews

    Customer Complaints

    46 complaints closed in last 3 years

    15 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Business Details

    Location of This Business
    7901 Sandy Spring Rd, Laurel, MD 20707-3589
    BBB File Opened:
    9/17/2014
    Additional Contact Information

    Fax Numbers

    • (301) 497-8911
      Primary Fax

    Industry Tip

    BBB Tip: How to choose a new bank or credit union

    Customer Complaints

    46 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    04/04/2023

    Complaint Type:
    Order Issues
    Status:
    Answered
    I received a letter in the mail dated March 15, 2023 from TOWER FEDERAL CREDIT UNION called the "Annual Escrow Account Disclosure Statement" which contained a detailed analysis of the account and was informed I had an overage of $1504.03 and that it should be deposited in my account within 10 days. When I didn't see it in my account I went to the bank and inquired on March 29, 2023. At the bank, after speaking with the representative, the representative was on the phone with the collections and loan department for over 35 minutes discussing my situation. The loan department refused to release the funds. The loan department said that because my house taxes seemed like it was going to be auctioned off they decided to redeposit the money back into escrow. This was in spite of the fact that I paid my own house taxes late, on March 8, 2023 and there is no taxes owed currently. I also explained to Tower that I already paid my taxes but the loan department still refused to release the funds. So, I let them know that I was sending a letter to the CEO/president of the credit union (mailed by certified mail on March 30, 2023) about this issue. When I called them back on Monday, April 3, 2023, I received a call back from a bank official within a couple of hours, which told me the bank made a mistake and I wasn't due an escrow surplus. They said the statement was done in error. So I asked them to send me a formal letter stating that the bank made an error and they claimed they would send me an email stating that. I haven't received anything yet but something just doesn't sound right . Also, based on the fact that I had other issues with Tower, notwithstanding all the testimonials I heard about Tower, I wanted someone to look into this.
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    Customer Reviews

    9 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Marcus W

    1 star

    05/11/2023

    Terrible Trash Credit Union, I applied for membership, I was eligible because I made a donation to tower cares foundation, I spoke to a rude manager who was in charge of reviewing my membership application, at first they told me that I wasnt eligible. When I explained that I am eligble through the tower cares foundation, they tried to say I put that I wasn't a US Citizen on my application and I know Indeed that I put I am a US Citizen on my application so that was a lie, Then he or she told me to provide a copy of my social secuirty card, I promply uploaded that no problem, and then hours laters my application for membership was denied, because I didn't pass the "verification process", and would not explain to me what that process was or what I was missing. Trash Terrible Credit Union, Application#316619.

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