TOWNE BANK HISTORY

  • Bank Name:Towne Bank
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #35095
  • Locations:41 Branches in 2 states

Towne Bank was founded on April 8, 1999 and has been serving the financial needs of their customers for over 24 years.

Towne Bank currently operates with 41 branches located in 2 states. Check below for important events in banks history.

IMPORTANT EVENTS IN BANKS HISTORY

Below is a list of some important events in the history of Towne Bank, including mergers and acquisitions.

DATEEVENT

04-08-1999Institution established. Original name: Towne Bank.

03-20-2004Acquired Harbor Bank (34203) in Newport News, VA.

12-03-2010Acquired The Bank of Currituck (2039) in Moyock, NC.

12-03-2010Changed Institution Name to Towne Bank.

01-02-2015Acquired Franklin Federal Savings Bank (28798) in Glen Allen, VA.

06-25-2016Acquired Monarch Bank (34945) in Chesapeake, VA.

01-26-2018Acquired Paragon Commercial Bank (35100) in Raleigh, NC.

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
297 Constitution Drive, Virginia Beach, VA 23462
1312 Greenbrier Parkway, Chesapeake, VA 23320
6337 Morrison Boulevard, Charlotte, NC 28210
3535 Glenwood Avenue, Raleigh, NC 27612
5716 High Street, Portsmouth, VA 23703
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