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This profile was last updated on 10/23/14  and contains information from public web pages and contributions from the ZoomInfo community.

Senior Asset Manager

Local Address: Portland, Maine, United States
Northeast Bank
18 Pleasant St
Brunswick, Maine 04011
United States

Company Description: "The Company continues to dedicate resources in a number of areas to improve both the product delivery infrastructure and to generate additional fee income. This...   more
Background

Employment History

  • Regional Vice President - Commercial Lending and Loans
    Northeast Bank
  • Vice President - Commercial Lending
    Norway Savings Bank via Coastal Bank
  • Regional Vice President and Commercial Loan Officer
    Lewiston
  • Regional Vice President
    Commercial Lending

Board Memberships and Affiliations

Education

  • Bachelor of Arts degree , Economics
    College of the Holy Cross
12 Total References
Web References
MEREDA | About Us | People | Board of Directors
www.mereda.org, 22 Mar 2012 [cached]
Tim Tower Northeast Bank
Northeast Bank: In the News
www.northeastbank.com, 7 Sept 2005 [cached]
Tower Hired as Regional Vice President of Commercial Lending in Lewiston ( 9/8/2005)
LEWISTON, Maine, September 7, 2005-Northeast Bank is pleased to announce the addition of Timothy J. Tower of Cape Elizabeth, as Regional Vice President and Commercial Loan Officer for its Lewiston / Auburn market and will be located at 500 Canal Street, where he will be responsible for portfolio management and commercial loan administration.
Tower joins Northeast with over 15 years of experience in banking, having worked in various commercial lending functions for several banks, including Fleet Bank, Casco Northern Bank and, most recently, Norway Savings Bank, covering York and Cumberland Counties.Tower's responsibilities have included Business Development, Credit Analysis, and Risk Management.He brings to Northeast Bank experience with Family-Owned Business Issues, Retirement Planning, and Asset Management.In addition to his work experience, Tower has been an instructor with the Center for Financial Training teaching commercial real estate finance courses.
Tower is a graduate of Holy Cross College in Worcester, MA with a degree in Economics.He completed further studies in International Finance at City University in London, England.He lives in Cape Elizabeth with his wife and two children, and is active in the community as a member of the Portland Rotary Club and a past board member of the Greater Portland March of Dimes.
MEREDA | News | Press Release
www.mereda.org, 24 June 2010 [cached]
The Maine Real Estate & Development Association (MEREDA) is pleased to announce that Tim Tower of Northeast Bank has been elected to its Board of Directors.
Tim joined Northeast Bank in 2005, as Regional Vice President, following a number of years developing business in Southern Maine. Tim has worked full time in Commercial Credit and Lending since 1990. This experience includes formal credit training at a large, regional bank, as well as time spent at fledgling institutions and community banks. Other responsibilities have included the creation of Credit Policy and procedures, acting as bank liaisons with third party agencies, mentoring junior lenders, and as a voting member of Loan Approval Committee for larger credits.
Tim specializes in lines of credit, equipment loans, and commercial real estate loans. He serves all industries and prides himself on product knowledge of government agency programs and alternate funding sources. Similarly, Tim strives to provide added value to his customer base through his knowledge of ancillary banking products and outside services to meet client needs.
Tim has a Bachelor of Arts degree in Economics from College of the Holy Cross in Worcester, MA, has completed the International Economics program, City University in London, England, and has completed several extensive coursework, seminars, and continuing education opportunities.
Shelly R. Clark, Business & Operations Manager of MEREDA, says, "Tim is a welcome addition to the MEREDA board.
Commercial Lenders
www.northeastbank.com, 27 July 2010 [cached]
Tim Tower
Business in MaineToday.com | Tower Hired as Regional Vice President of Commercial Lending in Lewiston
business.mainetoday.com, 9 Sept 2005 [cached]
Tower Hired as Regional Vice President of Commercial Lending in Lewiston
LEWISTON, Maine, September 9, 2005-Northeast Bank is pleased to announce the addition of Timothy J. Tower of Cape Elizabeth, as Regional Vice President and Commercial Loan Officer for its Lewiston / Auburn market and will be located at 500 Canal Street, where he will be responsible for portfolio management and commercial loan administration.
Tower joins Northeast with over 15 years of experience in banking, having worked in various commercial lending functions for several banks, including Fleet Bank, Casco Northern Bank and, most recently, Norway Savings Bank, covering York and Cumberland Counties.Tower's responsibilities have included Business Development, Credit Analysis, and Risk Management.He brings to Northeast Bank experience with Family-Owned Business Issues, Retirement Planning, and Asset Management.In addition to his work experience, Tower has been an instructor with the Center for Financial Training teaching commercial real estate finance courses.
Tower is a graduate of Holy Cross College in Worcester, MA with a degree in Economics.He completed further studies in International Finance at City University in London, England.He lives in Cape Elizabeth with his wife and two children, and is active in the community as a member of the Portland Rotary Club and a past board member of the Greater Portland March of Dimes.
About Northeast BankNortheast Bank is a wholly owned subsidiary of Northeast Bancorp (AMEX: NBN); has over $576 million in assets as of June 30, 2005 and has 21 retail and insurance locations serving the financial needs in western, central and mid-coast Maine.Information regarding Northeast Bank can be found on its website at www.northeastbank.com or by contacting 1-800-284-5989.
release photoTim Tower
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