Welcome To TowneBank!
The 2020 Annual Shareholder Meeting was conducted solely online on July 15, 2020. You can view the meeting presentation here. We look forward to the future, when we can once again gather in person to thank you for your support and share highlights of your Towne family.
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The Annual Chairman's Report >>
Chances are that if you live in coastal Virginia, the Richmond region, or eastern or central North
Carolina, you've seen and heard the TowneBank name. From a start-up team of 86 employees and 66
directors in April of 1999, the company now enjoys a reputation as not only one of the top performing
community banks headquartered in Virginia, but as a full service mortgage, residential real estate,
insurance and investment and asset management company. What's the secret? According to Bob Aston,
TowneBank Executive Chairman, the company has enjoyed great success thanks to "a talented group of
employees and directors, dedicated shareholders, a focus on friendships and relationships, and a
commitment to delivering the utmost in personal service." New members have demonstrated their
enthusiastic support - helping the bank grow to $15.58 billion in assets and $9.80 billion in loans at
June 30, 2020.
Today, the company boasts 42 banking offices in Chesapeake, Chesterfield County, Glen Allen, Hampton,
James City, Mechanicsville, Newport News, Norfolk, Portsmouth, Richmond, Suffolk, Virginia Beach,
Williamsburg, and York County in Virginia. In North Carolina – Raleigh, Charlotte, Cary,
Greensboro, Greenville, Moyock, Grandy, Camden County, Southern Shores, Corolla, and Nags Head. In
addition, we have an impressive Mortgage Division, a talented Insurance Division including top-notch
employee benefits, a remarkable Investment Division, and a full service Real Estate and Property
Management division. Each Towne company offers a complete range of products and services to meet all of
our members' needs. In 2009, Towne combined 3 local companies, GSH Real Estate, Prudential McCardle
Realty and Prudential Decker Realty, to form Prudential Towne Realty, which became Berkshire Hathaway
HomeServices Towne Realty in 2015. Though our family continues to grow, we remain dedicated to providing
that hometown feel that our members have come to expect in their relationship with Towne.
The best part? TowneBank is totally dedicated to you! You'll enjoy a full-service menu of banking
benefits, designed to meet your personal and professional goals, yet delivered with a personal hometown
touch - TowneBank style! Fast, local loan approvals, specialized products and a talented team of
knowledgeable bankers make the experience at TowneBank truly unique.
"Hometown Banking," isn't just something we say; it's how we do business! Welcome to Towne!