From Site Acquisition to the Final Draw
By Ross Morgan, Portsmouth & REFG President, TowneBank TowneBank is committed to providing top notch member service and we pride ourselves on being able to respond as quickly as possible to our members’ needs. To help deliver on our commitment, we’ve incorporated many emerging technologies in the underwriting, approval, documentation, and servicing procedures related to […]
The Civic 50 Hampton Roads 2024 Honorees
Coastal Virginia Magazine and CoVaBIZ are partners with VOLUNTEER Hampton Roads for the Civic 50 Hampton Roads business recognition program. The Civic 50 is a national initiative established by Points of Light that honors community-minded companies as determined by an annual survey administered by True Impact. This program is one of a select few regional Civic 50 initiatives in the U.S. The […]
TowneBank Celebrates Silver Anniversary at Annual Meeting
This spring, nearly 1,000 people gathered at the Virginia Beach Convention Center for a special 25th anniversary annual meeting of TowneBank shareholders. Executive chairman Bob Aston opened the meeting reflecting upon the bank’s humble beginnings in 1998 when a group of renowned community bankers met in a room over Aston’s garage at his home in […]
Billy Foster: Finding Comfort in Community Banking
GUEST COLUMN By Billy Foster As a community bank, we’re well aware of the conversations people are having about the recent turbulence in the U.S. banking system. According to a Gallup Poll conducted this spring, a total of 48% of U.S. adults indicate that they’re worried about the safety of the money they’ve entrusted to […]
TowneBank Shareholders Gather Again
Along with the usual earnings reports and action items at the annual TowneBank shareholder meeting, held at the Virginia Beach Convention Center on May 25, 2022, there was plenty of emotion on display from the company’s top brass. It was the first in-person shareholder meeting held by the company, founded in Portsmouth in 1999, since […]
TowneBank Donates to Salvation Army
More than 100 TowneBank employees gathered at the Salvation Army’s Christmas Depot on Dec. 18 in Norfolk to pass out angel tree gifts and toys to local families to give to their children. Dozens of volunteers from Coastal Virginia companies as well as the U.S. Marines supported the Christmas Depot, which was held Dec. 16–20. […]
Best Places to Work: TowneBank
By Barrett Baker 6001 Harbour View Blvd., Suffolk. TowneBank also has locations throughout Coastal Virginia | 757-638-6700 | TowneBank.com Founded: 1999 Number of Employees: 1,179 bank employees TowneBank is celebrating its 20th anniversary this year. It all started in a garage in Portsmouth with a dream to build a community asset that would make a […]
Best Places to Work
Businesses With Fun and Fulfilling Company Cultures By Barrett Baker, Leona Baker, Grace Silipigni and Eric J. Wallace There’s no exact science to determine what makes an outstanding work environment. Some would say it’s the excellent benefits, paid time off, professional development opportunities and flexible work hours. Others may tout a company’s fun and fulfilling […]
TowneBank and TechArk Contribute to LOVEVA App Development
Retail Alliance’s LOVEVA shopping application bands together local businesses and rewards consumers for shopping at local businesses in the community. Retail Alliance has been partnering with TowneBank and TechArk Solutions to develop and continuously improve the app. Recently, TowneBank has sponsored updates to the LOVEVA app, including an area to highlight Buy Local Champions. On […]
TowneBank Named to Forbes List of America’s Best Banks
TowneBank has been named to Forbes’ list of 2019 Best Banks in America. In their first appearance on the list, TowneBank outranks its competitors in all markets. Forbes’ 10th annual look at America’s Best Banks ranks the 100 largest publicly traded banks and thrifts based on their growth, credit quality and profitability. S&P Global Market […]