Tower Loan Salary

Tower Loan Salary

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As of August 2026, the average annual salary for employees at Tower Loan in the United States is $86,104. This translates to an approximate hourly wage of $41. Salaries at Tower Loan typically range from $75,499 to $97,742 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Tower Loan Pay for Different Roles?

Explore detailed salary information for specific jobs at Tower Loan. Based on our data, the highest paying job is the Branch Officer, with an annual salary of $318,695. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Tower Loan.
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About Tower Loan: Company Profile

Website
www.towerloan.com
Founded In
1936
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
COVINGTON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About TOWER LOAN
1936'Tower Loan opens and experiences prosperity and growth. The consumer finance industry was in its infancy. 1945'After World War II, Tower sold its offices to various employees within the company. The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark. Under the ownership of the Clarks, Tower Loan brokers grew from a single office to 1

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Tower Loan's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The inclusive culture ensures everyone has a voice, and I’ve always felt respected and valued. Leadership actively promotes equity through hiring practices, ERGs, and unconscious bias training. Team members are helpful and hardworking. It’s a place where relationships matter, and that makes coming to work enjoyable every day. Compensation is competitive, and bonuses reflect both individual and com...
Commented in April 14, 2025
46
1
Decisions happen without bureaucracy. Knowledge transfer is prioritized before retirements. Leaders explain the why behind shifts. My experience here has been stable. The company is agile and adapts well to market changes. Integration between systems works smoothly.
Commented in October 14, 2024
9
1
It’s not the most exciting workplace, but dependable and routine for those who want professional stability and limited surprises. Schedules are predictable, and responsibilities are well-structured. I appreciate how leadership values input from all levels.
Commented in February 01, 2024
34
3

How Tower Loan's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Tower Loan’s pay competitiveness. Click on a company for a deeper dive.

Is Tower Loan’s Pay Competitive? Salary Benchmarking Analysis

How does Tower Loan's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
FARM CREDIT OF SOUTHWEST FLORIDA ACA $83,944
-2.5%
Confirms FARM CREDIT OF SOUTHWEST FLORIDA ACA is a direct competitor vying for the exact same talent pool.
FINANCIALPLANNINGAUGUSTA $82,580
-4.1%
FINANCIALPLANNINGAUGUSTA operates with a leaner overhead structure, impacting base wage offers.
ECLIPS SALON Y SPA $100,349
+16.5%
Adjusted for higher cost-of-living indices in ECLIPS SALON Y SPA's primary metro hubs.
CASH EXCHANGE $79,170
-8.1%
CASH EXCHANGE may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+41.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near New Orleans?

Understanding the cost of living near New Orleans is key to truly evaluating a salary offer or your current compensation at Tower Loan.
New Orleans' Cost of Living Index is approximately 96.4 (3.6% less expensive than US average; 3.7% more than LA average). Unique culture, tourism, housing varies greatly by neighborhood, can be high in desirable areas. RTA streetcar/bus. When planning your budget based on a salary from Tower Loan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Tower Loan salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (RTA Jazzy Pass 31-day) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,605 - $4,225+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Tower Loan

FAQ 1: What is the typical salary range (low to high) for most roles at Tower Loan?
The typical annual salary range for most roles at Tower Loan is approximately from $75,499 to $97,742. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Tower Loan pay compared to FARM CREDIT OF SOUTHWEST FLORIDA ACA?
The average annual salary at Tower Loan is $86,104, or an hourly wage of $41, in comparison to FARM CREDIT OF SOUTHWEST FLORIDA ACA which pays $83,944 per year or $40 per hour.
FAQ 3: How does experience level affect salary at Tower Loan?
Experience level is a significant factor in determining salary at Tower Loan, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Tower Loan in New Orleans is fair given the local cost of living?
To determine if a salary offer from Tower Loan in New Orleans is fair, first compare the gross salary to our data for similar roles at Tower Loan and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New Orleans" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Tower Loan differ from the ranges shown here?
An individual's actual salary at Tower Loan can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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