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TowneBank

TowneBank was founded in 1999 on the principles of banking built on friendships and relationships, and exquisite service delivery provided by the most respected and experienced bankers in each market we serve. Building on the idea of serving others and enriching lives, we now provide a full range of banking and other financial services, including insurance and benefits, mortgage and real estate services, wealth management and trust services, 1031 exchanges, and vacation property management. Dedicated to a culture of caring, we value each employee and member by embracing their diverse talents, perspectives, and experiences. As a practical expression of our mission, TowneBank is intentional about being a local leader in each community—actively promoting social, cultural, and economic growth. Today, TowneBank has over 70 banking offices throughout Hampton Roads, Central Virginia, Northeastern and Central North Carolina, Greenville and the Upstate region, and Charleston, South Caroli... Read more

Purpose

TowneBank is dedicated to serving others and enriching lives in the communities where we work and live. We believe in fostering genuine relationships, empowering local decision‑making, and providing financial services that improve the lives, businesses, and neighborhoods of our members. We are driven by a culture of caring and an unwavering commitment to helping people and communities thrive.... Read more

Vision

TowneBank aspires to be the most trusted, community‑focused financial partner in the regions we serve. As we grow, we remain committed to delivering exquisite member service to our personal and business banking members and to strengthening the social, cultural, and economic well‑being of every community we touch.... Read more

Mission

TowneBank will be a relationship and friendship driven local bank focused on basic human values that will serve to create a warm sense of belonging and financial well-being among our family of members. We will offer a competitive array of business and personal financial services, delivered with only the highest ethical standards. Our commitment to exquisite service for our members will lead to our ability to create a reasonable rate of return for our shareholders, a bright future for our dedicated professionals, and a leadership role for our company in promoting the social, cultural, and economic well-being of our communities.... Read more

Values

Culture
TowneBank is focused on giving back to the communities where we work and live. That's why we proudly support non-profit organizations that uplift a variety of missions, all of which are dedicated to serving others and enriching lives. Founded in 2001, the TowneBank Foundation provides charitable grants and donations to hundreds of non-profits across our footprint. Since 1999, TowneBank and the TowneBank Foundation have donated over $144 million dollars.

Our Going to Towne volunteer program provides opportunities for employees to give back through volunteering, board service, and donations. In 2025, employees reported over 9300 volunteer hours to hundreds of different non-profit organizations across our footprint.

At TowneBank, our employees are our most valuable asset, and we take time to invest in their health, happiness, and education. Some of our employee benefits include paid vacation and sick leave, paid parental leave, 401k and profit sharing, health, dental, and vision heal

Headquarters

Suffolk, VA

Employees

2,498 US Employees

Industry

Financial Services & Insurance - Other

Recent Awards

Company Snapshots

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