A Special Announcement

Tower Loan is pleased to announce we have purchased all of American Thrift’s non-real estate secured loan accounts based in New Orleans, Louisiana.

Tower Loan will now service loans within our network of branch offices. Tower Loan’s President, Francis C. Lee, said, “This purchase will expand our market presence in the New Orleans Metro and Baton Rouge areas while creating customer relationships we might otherwise not have had an opportunity to enjoy.  We are hopeful that a number of the American Thrift team members will be interested in joining our team and servicing the Tower Loan and American Thrift customers together. “

The accounts will be transferred to the Tower Loan branch at the most convenient location for each customer. We anticipate that our branches in Harvey, Kenner, Covington, and Denham Springs will see most of these new accounts, ensuring a smooth transition and continued excellent service for all customers.