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Towne Bank (TOWN)

NASDAQ

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26.58 +0.71 +2.74%

01/05 - Closed. Currency in USD ( Disclaimer )

After Hours

26.58

0.00

0.00%

21:02:01 - Real-time Data

Volume: 217,444
Bid/Ask: 25.29 / 42.51
Day's Range: 26.10 - 26.97

Type: Equity

Market: United States

Towne Bank Company Profile

Read the Towne Bank company profile to learn more about the business and the management team. View Towne Bank facts about employee data, company products and services, and contact information.

IndustryBanking Services

SectorFinancial

Employees

2903

Equity Type

ORD

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential real estate, relocation, property management, vacation rentals, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates in Richmond, Virginia, the Greater Hampton Roads region in southeastern Virginia, northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. TowneBank was incorporated in 1998 and is based in Portsmouth, Virginia.

Contact Information

Address 5716 High Street
Portsmouth, 23703
United States

Phone 757 638 7500

Fax -

Web www.townebank.com

Top Executives

Name	Age	Since	Title
G. Robert Aston	76	1998	Executive Chairman
John R. Lawson	71	2004	Independent Director
Robert M. Oman	68	2016	Independent Director
Robert C. Hatley	72	2018	Director
Howard J. Jung	76	2018	Independent Director
William I. Foster	67	2005	CEO, President & Director
John W. Failes	78	1999	Independent Vice Chairman of the Board
Jeffrey F. Benson	61	2016	Independent Vice Chairman of the Board
R. Scott Morgan	78	1999	Director
Harry T. Lester	77	2010	Independent Director
Douglas D. Ellis	78	2010	Independent Director
Stephanie J. Marioneaux	64	2010	Independent Director
Thomas K. Norment	77	2009	Independent Director
R. V. Owens	66	2011	Independent Director
Brad E. Schwartz	60	2016	Director
Dwight C. Schaubach	80	2016	Independent Director
Aubrey L. Layne	-	2023	Corporate Director
J. Christopher Perry	-	2023	Corporate Director
Richard B. Thurmond	71	2000	Independent Director
William Ashton Lewis	77	1999	Independent Director
Alan S. Witt	67	2004	Independent Director
Juan M. Montero	81	1999	Independent Director
Richard S. Bray	77	2006	Independent Lead Director
J. Morgan Davis	72	1999	Director
Thomas C. Broyles	92	1999	Director Emeritus
Andrew S. Fine	86	1999	Director
Gordon Lewellyn Gentry	86	2004	Chairman of TowneBank Peninsula
William T. Morrison	60	2016	President & CEO of TowneBank Financial Services Group and Director
Bradford L. Cherry	82	1999	Independent Director
Jacqueline B. Amato	73	2000	Director
Elizabeth W. Robertson	70	2015	Independent Director
William A. Copeland	81	1999	Advisor & Director Emeritus
William T. Hodsden	74	1999	Advisor & Director Emeritus
Sandra W. Ferebee	76	-	Director Emeritus
Edward Lee Baynor	84	1999	Director Emeritus
Paul Ward Robinett	76	1999	Director Emeritus
F. Lewis Wood	85	2003	Director Emeritus
Sachin Shetty	-	2024	Director

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	Name	Price	Chg.	Chg. %
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