Tower Financial Corporation is a bank holding company with one bank subsidiary, Tower Bank & Trust (the Bank or Tower Bank) and two unconsolidated subsidiary guarantor trusts, Tower Capital Trust 2, and Tower Capital Trust 3. The Bank has a direct wholly owned trust company subsidiary, Tower Trust Company (the Trust Company). The Bank also has a direct wholly owned Nevada investment subsidiary, Tower Capital Investments, Inc., that was for the purpose of holding long term investments, and an indirect wholly owned subsidiary, Tower Funding Corporation. Tower Funding Corporation is a real estate investment trust, (REIT). The REIT purchases mortgage-backed real estate loans from the Bank. The Bank provides a range of commercial and consumer banking services from six locations in the metropolitan area of Fort Wayne, Allen County, Indiana, and one location in Warsaw, Indiana. The Bank offers a range of deposit products.