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Bank
FINANCIAL | Retail Banking
townebank.com

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Stage

Merger | Merged

Valuation

$0000 

About TowneBank

TowneBank operates 40 banking offices serving Chesapeake, Chesterfield County, Glen Allen, Hampton, James City County, Mechanicsville, Newport News, Norfolk, Portsmouth, Richmond, Suffolk, Virginia Beach, Williamsburg, and York County in Virginia, along with Raleigh, Cary, Charlotte, Moyock, Grandy, Camden County, Southern Shores, Corolla and Nags Head in North Carolina. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations.

TowneBank Headquarter Location

5716 High Street

Portsmouth, Virginia, 23703,

United States

757-638-7500

Latest TowneBank News

TowneBank Announces Quarterly Cash Dividend

Nov 24, 2021

TowneBank Announces Quarterly Cash Dividend SUFFOLK, Va., Nov. SUFFOLK, Va., Nov. 24, 2021 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank ( TOWN ) - Get TowneBank Report announced today that its Board of Directors on November 24, 2021 declared its fourth-quarter shareholder cash dividend of $0.20 per common share payable on January 12, 2022 to shareholders of record on December 30, 2021. The amount and declaration of future cash dividends are subject to Board of Directors' approval in addition to regulatory restrictions. About TowneBank:Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a mission of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences. Today, the bank operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina - serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. Towne has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of $15.81 billion as of September 30, 2021, TowneBank is one of the largest banks headquartered in Virginia. Media contact:G. Robert Aston, Jr., Executive Chairman, 757-638-6780J. Morgan Davis, Chief Executive Officer, 757-673-1673 Investor contact:William B. Littreal, Chief Financial Officer, 757-638-6813 By

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