Estate planning at Tower FCU
How to protect 29 Tower FCU accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
Member Service Center
Phone301-497-7000
Toll-Free866-568-6937
Fax301-497-8930
Mailing Address
Tower Federal Credit Union, P.O. Box 123, Annapolis Junction, MD 20701-0123
Toll-Free (alternate)
TDD (Hearing Impaired)
Fraud Hotline (866-90-TOWER)
Lost/Stolen Credit Cards
WebsiteLearn more→
Member Service Center
Phone301-497-7000
Toll-Free866-568-6937
Fax301-497-8930
Mailing Address
Tower Federal Credit Union, P.O. Box 123, Annapolis Junction, MD 20701-0123
Toll-Free (alternate)
TDD (Hearing Impaired)
Fraud Hotline (866-90-TOWER)
Lost/Stolen Credit Cards
WebsiteLearn more→
Member Case Settlement Department
Phone301-497-7000
Toll-Free866-568-6937
Fax301-497-8930
Mailing Address
Tower Federal Credit Union, ATTN: Member Case Settlement Department, 7901 Sandy Spring Rd, Laurel, MD 20707
Loan Servicing (deceased borrower, mortgage Successor in Interest)
Tower Wealth Management / LPL Financial (investment accounts settle separately)
WebsiteNotify online→
Verified Jul 2026
How your Tower FCU accounts transfer at death depends on how each one is set up. As a membership-based credit union, Tower FCU headquartered at 7901 Sandy Spring Rd, Laurel, MD 20707. Mailing address: P.O. Box 123, Annapolis Junction, MD 20701-0123. 11 branch locations across Maryland including Columbia, Hanover, Annapolis Junction, Ellicott City, Laurel, Clarksville, Millersville, Pasadena, Gambrills, Owings Mills, and Annapolis. Serves members in Maryland, Virginia, and Washington D.C. Strong presence among federal government and defense sector employees in the DC metro area. With 29 account types, the transfer rules vary—getting the right designations in place now prevents delays and court involvement later.
Beneficiary changes at Tower FCU can be made in branch and by mail. Accounts can also be retitled into a trust to keep them out of probate entirely.
Tower FCU provides specific procedures for both proactive estate planning and filing claims after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 29 account types at Tower FCU.
View details →When someone dies
Death claim process
4-step process, 5 required documents, and contact information for survivors.
View details →Tower FCU operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Frequently asked questions
Tower closes the IRA without its own early-withdrawal penalty and distributes it to the named beneficiaries. The beneficiary is mailed a Beneficiary Payment Election form (Form 2321) — issued by Ascensus, PO Box 2917, Clinton, IA 52733-2917, not by Tower. The form offers five choices: lump sum, transfer to your own IRA, transfer to an inherited IRA at another institution, an inherited IRA with scheduled payments at Tower, or an inherited IRA without scheduled payments at Tower. Tower distributes the assets according to the option selected once it receives the form; call 301-497-7000 for help completing it. A POD or trust designation on a deposit account does NOT carry over to an IRA — IRAs use a separate beneficiary designation.
Sources
Data sourced from Tower FCU primary sources (21 pages reviewed). How we research.
Member Service Center
Phone301-497-7000
Toll-Free866-568-6937
Fax301-497-8930
Mailing Address
Tower Federal Credit Union, P.O. Box 123, Annapolis Junction, MD 20701-0123
Toll-Free (alternate)
TDD (Hearing Impaired)
Fraud Hotline (866-90-TOWER)
Lost/Stolen Credit Cards
WebsiteLearn more→
Member Service Center
Phone301-497-7000
Toll-Free866-568-6937
Fax301-497-8930
Mailing Address
Tower Federal Credit Union, P.O. Box 123, Annapolis Junction, MD 20701-0123
Toll-Free (alternate)
TDD (Hearing Impaired)
Fraud Hotline (866-90-TOWER)
Lost/Stolen Credit Cards
WebsiteLearn more→
Member Case Settlement Department
Phone301-497-7000
Toll-Free866-568-6937
Fax301-497-8930
Mailing Address
Tower Federal Credit Union, ATTN: Member Case Settlement Department, 7901 Sandy Spring Rd, Laurel, MD 20707
Loan Servicing (deceased borrower, mortgage Successor in Interest)
Tower Wealth Management / LPL Financial (investment accounts settle separately)
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your Tower FCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
