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Tower takes care of businesses.
Tower Bank offers a wide range of accounts and services designed to help businesses thrive. Our business banking relationships are based on customized financial resources and personal service regardless of the size of your business.
Deposit Services
At Tower, you’ll find checking accounts that match the needs of your company. Tower Free Business Checking is designed for lower volume accounts. Not-for-profits and government entities can take advantage of Business Interest Checking. And Tower Analyzed Checking is ideal for higher volume accounts. A business banking specialist will assist you in choosing the best fit for your company.
Flexible Lending
Tower Bank offers a complete line of loan products. Our revolving line of credit helps finance your working capital needs. We offer term loans for equipment and capital expenditures. With our commercial real estate loans, you can build, buy, refinance, or expand your business property.
Government Enhanced Loan Programs
In addition to conventional loans, we partner with government entities to offer other opportunities to those who qualify. The Community Development Corporation (CDC) and Small Business Administration (SBA) have a broad range of short-term and long-term loan products available.
Retirement Plans
Tower Bank provides a wide variety of qualified retirement plans for employers to offer their workforce. Through our Investment Services area, IRAs, SEP IRAs, Simple IRAs, Roth IRAs, Single Ks, Single Defined Benefit, Profit Sharing, Money Purchase Pension and 401(k) plans are available. We can also offer guidance for non-qualified plans. Our personalized one-on-one employee education and cost-sensitive service set us apart from the competition.