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8-K - TOWER FINANCIAL 8-K 12-2-2009 - TOWER FINANCIAL CORPform8k.htm

Exhibit 99.1


December 11, 2009


Mike Cahill
CEO
Tower Financial Corp.
116 East Berry Street
Fort Wayne, IN  46802

To The Board of Directors of Tower Financial Corporation:

With regret, I must tender my resignation as a director of Tower Financial Corporation, as well as Tower Bank, effective immediately.

The press of my other business interests has become such that I am no longer able to devote the necessary time to the fulfillment of my duties as a director and committee member.

Sincerely,

/s/: Michael S. Gouloff

Michael S. Gouloff