1936—Tower Loan opens and experiences prosperity and growth. The consumer finance industry was in its infancy.
 1945—After World War II, Tower sold its offices to various employees within the company.  The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark. Under the ownership of the Clarks, Tower Loan brokers grew from a single office to 16 offices throughout Mississippi.
 1972—Following the death of Kate Clark, Jack Lee purchased 12 of Ed Clark’s offices. The 4 offices not purchased were sold to managers within Clark’s company and are still in operation today. The offices purchased by Jack Lee were located in North Jackson, Clinton, East Jackson, Yazoo City, Canton, Kosciusko, Pascagoula, Louisville, Europa, Carthage, Moss Point, and Philadelphia. In later years, the Moss Point office was merged into Pascagoula, Clinton was moved to Southwest Jackson; and East Jackson was moved to Pearl. Some of these offices operated as Tower Loan and some operated as Russell Baker Finance.
 
 2006—Tower expands operations into the state of Missouri by opening 8 offices.Tower has weathered the storm of high interest rates, recessions, government regulations and difficult litigation environments.  In spite of these obstacles, Tower Loan has continued to prosper, advance and become one of the nation’s leaders among independent finance companies.

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Tower Loan

Tower Loan's headquarters in Flowood, MS, United States

The Ridgeland office focuses on technology leadership and innovation, driving tech initiatives for the organization.

Ridgeland

This department focuses on enhancing employee skills and knowledge through structured training programs and coordination.

Training and Development

The Operations and Administration team at Tower Loan is responsible for overseeing the company’s day-to-day operations, ensuring efficiency and productivity across all offices. This team manages human resources, payroll, and benefits, while also implementing operational strategies to support the growth and sustainability of the business. Their efforts are crucial in maintaining seamless communication and coordination among various departments, enabling Tower Loan to navigate the complexities of the consumer finance industry effectively.

Operations and Administration

The Compliance and Risk Management team at Tower Loan is responsible for ensuring that the company's operations adhere to legal regulations and industry standards. This team monitors potential risks, implements compliance policies, and conducts regular audits to protect the organization from financial and legal liabilities. By fostering a culture of transparency and accountability, they help safeguard Tower Loan's reputation and ensure sustainable growth.

Compliance and Risk Management

The Leadership Team at Tower Loan oversees the strategic and operational direction of the company. This team ensures risk management, operational efficiency, and overall company growth. Key responsibilities include making high-level decisions, developing business strategies, and maintaining compliance with financial regulations, all while steering the company towards achieving its goals.

Leadership Team

This department ensures effective management and coordination of operations within various districts.

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Other teams

Operations and Administration

Compliance and Risk Management

Leadership Team

Supervision and Oversight