Towne Bank
Towne Bank is a mid-sized bank headquartered in Portsmouth, VA. The bank operates 19 branches in 1 state (Virginia). Towne Bank has deposits of $2.6 billion, and was established in April 1999.
This bank is FDIC insured - all deposits are protected for up to $250,000.
About Towne Bank
As one of Virginia's top community banks, TowneBank operates 18 banking offices in Chesapeake, Hampton, Portsmouth, Newport News, Virginia Beach, Norfolk, Williamsburg and York County. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, Prudential Towne Realty, TFA Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, TowneBank 1031 Exchange, LLC, and Corolla Classic Vacations.
Local decision-making is a hallmark of its hometown banking strategy that is delivered through the leadership of each group's President and Board of Directors. With total assets of $3.58 billion as of September 30, 2009, TowneBank is one of the largest banks headquartered in Hampton Roads.
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