News & Updates

Congratulations to Nick Smith on being named to the 2026 Mississippi Business Journal Top 40 Under 40 Class!

Tower Loan, based in Flowood, the largest consumer finance company in the state, has grown remarkably quickly in its 90-year history. CEO Francis C. Lee said a balance between tradition and forward thinking has guided the company through growth that now includes operating a network of 266 locations across eight states, employing about 950 people,…

Sarah Cannon has been promoted to Associate Director at Tower Loan, advancing from her previous role as Senior Supervisor. In this position, she will help lead operations across Mississippi and Louisiana, bringing nearly two decades of experience and leadership to the role. Sarah joined Tower Loan in 2006 as a Manager Trainee in Columbus, Mississippi….

Melvin Harris has been promoted to Supervisor of Operations at Tower Loan, advancing into a regional leadership role overseeing operations across eight Texas offices, including Tyler, Richardson, Longview, Round Rock, Sulphur Springs, Garland, Northwest Austin, and McKinney. In this position, Harris will focus on developing branch managers, strengthening teams, and supporting continued growth and operational…

Tower Loan is pleased to announce Patrick Thornton, Chief Technology Officer, has been named to the company’s Executive Group. Thornton brings more than 25 years of experience across software, infrastructure, cloud, aerospace, financial services, and healthcare innovation. Over the course of his career, he has led the design and implementation of scalable, technology-driven solutions that…

Tower Loan recently hosted its 2026 Annual Manager Meeting, bringing together leaders from across its operating footprint to align on priorities and build on the company’s continued momentum. The event coincided with Tower Loan’s 90th anniversary, marking nearly a century of serving customers and supporting communities. Over the past year, the company expanded into two…

Following severe weather impacts in Louisiana and Mississippi, Tower Loan is preparing to offer remote lending services to support customers if travel or in-person visits become unsafe or unavailable. Weather-related disruptions can create unexpected financial challenges. To help customers during these conditions, Tower Loan is extending remote lending support in these areas. Please contact your…

Jordon Tucker has been promoted to Supervisor of Operations at Tower Loan, advancing into a regional leadership role overseeing operations across Alabama. In this position, Tucker will focus on developing branch managers, strengthening teams, and supporting continued growth and profitability throughout the region. Tucker joined Tower Loan in July 2019 as a Manager Trainee in…

Kristin Johnson has been promoted to Associate Director at Tower Loan, advancing from her previous role as Senior Supervisor. In this position, she will oversee operations for an additional supervisor, bringing her total oversight to 16 offices across Louisiana. Kristin joined Tower Loan in 2012 as an Intern in Collins, Mississippi. Over the course of…

Tower Loan’s leadership team gathered in Memphis, Tennessee, for the 2025 Supervision Retreat, a weekend focused on collaboration, growth, and a continued commitment to helping customers. The event highlighted the company’s strong performance, upcoming goals, and shared focus on delivering exceptional customer service across every location and department. Supervisors and leaders from across eight states…