Tower Family Credit Union

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A short history of Tower Family CU

Since its inception in 1928 the Tower Family Credit Union has been serving its members in the Kalamazoo, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Deborah Adams, the Tower Family CU has grown its membership to over 1,057 with assets of more than $8,712,202. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (269) 344-8525 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Kalamazoo, MI.

General Information For Tower Family CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62129
Address 3302 Mindi Ln 
City Kalamazoo 
State Michigan 
Zip-Code 49007
Phone Number (269) 344-8525
Fax Number (269) 344-8549
Email Address: none
CEO/President Deborah Adams
Members 1,057 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 8,712,202 

Compare Tower Family Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Community Promise CU Main Office 1313 Portage St 49003 (269) 459-1777 No 2.00
Kalsee CU Battle Creek Branch 1585 W Dickman Rd 49003 (269) 962-1224 No 3.74
Kalamazoo Building Trades CU main 2650 Millcork St 49001 (269) 382-5966 No 4.49
Arbor Financial CU Gull Road 5991 Gull Rd 49048 (269) 383-2844 No 4.51
Consumers CU Plainfield 3869 Plainfield Ave NE 49048 (616) 447-1933 No 5.27

Tower Family Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Tower Family Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.90 2.75 3.75 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 406 115 175 N/A N/A
Rank Among All Michigan Credit Unions 71 28 41 N/A N/A

Tower Family Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A N/A 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A N/A 227
Rank Among All Michigan Credit Unions N/A 16 N/A N/A 48
Tower Family Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9009578,170
All Other Unsecured Loans/Lines of Credit 14.990201409,697
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.75013175,643
Used Vehicle Loans 3.7501371,160,346
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.00022142,345
TOTAL LOANS & LEASES 4681,966,201

Tower Family Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Tower Family Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes