Credit union · NCUA insured
Tower Federal Credit Union Savings Rates
Top CarrotTower Federal Credit Union’s best savings rate is 3.50% APY on $10,000, with its Money Market Account. Rates checked October 22, 2026.
How Tower Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Baltimore, MD, where Tower Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Tower Federal Credit Union
3.50%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $350
Money Market Account
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
CFG Bank
4.05%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $405
Tower Federal Credit Union savings score
95
Savings score
Higher than 97% of U.S. banks and credit unions
- $1,000 balance$1,0000.85%
- $10,000 balance$10,0003.50%
- $100,000 balance$100,0003.50%
- QualifiedQualified3.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Tower Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Account
3.50%APY
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNew and existing Money Market accounts earn 3.50% APY on all balances through December 28, 2026. | 3.50% | $350 | New and existing Money Market accounts earn 3.50% APY on all balances through December 28, 2026. |
| Up to $2,500 | 3.50% | — | |
| $2,500 – $10,000 | 3.50% | — | |
| $10,000 – $50,000 | 3.50% | $350 | |
| $50,000 – $100,000 | 3.50% | — | |
| $100,000 – $500,000 | 3.50% | — | |
| $500,000 and up | 3.50% | — |
Sources (2)
All captured Oct 22, 2026
Prime Share Savings
0.85%APY
Establishes credit union membership. Free eStatements and digital banking.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.85% | $85 |
Sources (2)
All captured Oct 4, 2026
Special-purpose accounts
'You Name It' Club Savings Account
0.85%APY
Requires a Tower Prime Share savings account. Members can open up to 13 'You Name It' club accounts.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceRequires a Tower Prime Share savings account. Open up to 13 accounts.Any balance | 0.85% | $85 | Requires a Tower Prime Share savings account. Open up to 13 accounts. |
Sources (2)
All captured Oct 4, 2026
Holiday Club
0.85%APY
Requires a Tower Prime Share savings account. Balance automatically transfers to Prime Share account or checking account on or after October 1 each year.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceRequires a Tower Prime Share savings account. Balance automatically transfers to Prime Share account or checking account on or after October 1 each year.Any balance | 0.85% | $85 | Requires a Tower Prime Share savings account. Balance automatically transfers to Prime Share account or checking account on or after October 1 each year. |
Sources (2)
All captured Oct 4, 2026
IRA Club Account
0.85%APY
Available to Tower members who receive earned income and non-wage earning spouses of Tower members. Available as Traditional or Roth IRA.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAvailable as Traditional or Roth IRA. Contribution limits apply.Any balance | 0.85% | $85 | Available as Traditional or Roth IRA. Contribution limits apply. |
Sources (2)
All captured Oct 4, 2026
Who can join Tower Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Tower partner companies listed in their partner directory are eligible for membership.
Military, government and schools
- Employees or retirees of Tower's sponsor Agency are eligible for membership.
Family and household
- Individuals related to a current Tower member are eligible for membership.
Other ways
- Individuals can become eligible for membership by making a $35 donation to The TowerCares Foundation.
Cost to join
- An initial $15 deposit opens a free checking account and a Prime Share savings account, establishing lifetime membership.
Membership information collected October 4, 2026.