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August 02, 2015 11:28 PM ET


Company Overview of Tower Financial Corporation

Company Overview

Tower Financial Corporation operates as the holding company for Tower Bank & Trust that provides commercial and consumer banking services in the metropolitan areas of Fort Wayne, Allen County, and Warsaw, Indiana. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit and direct deposit services. The company’s loan portfolio comprises secured and unsecured commercial loans for acquisition of fixed assets, such as real estate, equipment and machinery, and lines of credit collateralized by inventory and accounts receivable; commercial real estate loans; long-term residential mortgage loans and short-term construction loans; and personal lo...

116 East Berry Street

Fort Wayne, IN 46802

United States

Founded in 1998

122.75 Employees



Key Executives for Tower Financial Corporation

Chief Executive Officer, President, Non Independent Director, Chief Executive Officer of Tower Bank & Trust Company and President of Tower Bank & Trust Company
Age: 54
Chief Operating Officer, Chief Operating Officer of Tower Bank and Executive Vice President of Tower Bank
Age: 47
Executive Vice President and President of Tower Trust Company
Age: 50
Executive Vice President, Chief Lending Officer of Tower Bank and Executive Vice President of Tower Bank
Age: 46
Chief Risk Officer of Tower Bank & Trust Company and Executive Vice President of Tower Bank & Trust Company
Age: 53
Compensation as of Fiscal Year 2015.

Tower Financial Corporation Key Developments

Tower Financial Corporation(NasdaqGM:TOFC) dropped from NASDAQ Composite Index

Tower Financial Corporation will be removed from the NASDAQ Composite Index.

Tower Financial Corporation, Special/Extraordinary Shareholders Meeting, Feb 07, 2014

Tower Financial Corporation, Special/Extraordinary Shareholders Meeting, Feb 07, 2014. Agenda: To consider and approved the merger With Old National Bancorp.

Tower Financial Corporation Announces Dividend Payable on March 4, 2014

Tower Financial Corporation declared a dividend of $0.08 per share to be paid on March 4, 2014 to all shareholders of record as of February 18, 2014.

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