TowneBank

TowneBank is a regional bank holding company headquartered in Suffolk, Virginia. It operates primarily in Virginia and North Carolina.

Overview

TowneBank provides a range of commercial and retail banking services, including deposit accounts, loans, and wealth management. The bank focuses on serving small to medium-sized businesses and individuals within its geographic footprint. TowneBank operates through a network of branches and online banking channels.

History

TowneBank was founded in 1999. Since its founding, it has grown through organic expansion and acquisitions of other community banks. Its growth strategy has centered on developing strong local relationships and providing personalized service.

Services

TowneBank offers various banking products and services, including:

• Checking and savings accounts
• Commercial lending
• Residential mortgages
• Consumer loans
• Wealth management services
• Online and mobile banking

Community Involvement

TowneBank emphasizes its commitment to community involvement through charitable giving, volunteerism, and sponsorships of local events.

Regulatory Information

TowneBank is regulated by the Federal Deposit Insurance Corporation (FDIC) and other relevant regulatory agencies.