TowneBank

  • Bank Name:TowneBank
  • Bank Class:State Chartered - FED Nonmember Bank
  • Member FDIC:Certificate #35095
  • Routing Number:ACH & Wire - 051408949
  • Locations:75 Branches in 4 states
  • Web Address:townebank.com
Headquarters:5716 High Street, Portsmouth, Virginia 23703

TowneBank Information

TowneBank was founded in April 1999 and is based in Portsmouth, Virginia. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, TowneBank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. TowneBank is a FDIC-insured bank with certificate number of 35095. The assigned Fed RSSD ID of TowneBank is 2797724.

TowneBank currently operates with 75 branches located in 4 states. The bank has most branches in Virginia, North Carolina, South Carolina and Tennessee. As of today, TowneBank is the 97th largest bank in US by branch count. TowneBank is the 10th largest bank in Virginia with 44 branches; 18th in North Carolina with 22 branches, 35th in South Carolina with 8 branches and 170th in Tennessee with 1 branches.

A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for TowneBank is 051408949. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.

The full address of bank headquarters is 5716 High Street, Portsmouth, VA 23703. You can visit the official website of the bank at https://www.townebank.com for more information and online banking service if available. For a comprehensive list of TowneBank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.

Map Of Branch Locations

Bank Offices By State

History Of TowneBank

TowneBank is a financial institution that was established on April 8, 1999, originally under the name Towne Bank. Over the years, the bank has expanded its operations through a series of acquisitions. Notably, on December 3, 2010, the institution changed its name to Towne Bank and acquired The Bank of Currituck located in Moyock, North Carolina. TowneBank continued its growth by acquiring Harbor Bank in Newport News, Virginia, on March 20, 2004. Subsequent acquisitions include Franklin Federal Savings Bank in Glen Allen, Virginia, on January 2, 2015; Monarch Bank in Chesapeake, Virginia, on June 25, 2016; and Paragon Commercial Bank in Raleigh, North Carolina, on January 26, 2018. The most recent acquisition occurred on January 13, 2023, when TowneBank acquired Farmers Bank in Windsor, Virginia.

Below is a list of some important events in bank's history, including mergers and acquisitions.

01-13-2023Acquired Farmers Bank in Windsor, VA.

11-15-2022Changed Institution Name to TowneBank.

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

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

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

View 4 More Events in Bank's History …

Reviews & Complaints

Paloda Phoenix
Paloda Phoenix · 24 November 2025
★★★★★ Branch review: North Ridge Branch

FIVE STARS***** ( and so much more) I joined Towne Bank in November 2023 on Falls of the Neuse / Raleigh. I met Brittany, (Vice President) and she guided me through my Banking Needs. Brittany is Bright, Beautiful and a very, very Intelligent Young Woman. I was Totally Impressed with the Bank and was invited to the most Welcoming and Professional GRAND OPENING Event January 25th, 2024 After my init... Read more

John Scott Rugg
John Scott Rugg · 26 November 2023
★★ Bank review

I recently opened a CD account a while back. Since then, I've been unable to use their website. Inputted information that I entered is exactly as it appears on my application, including my email address. Yet, I have never recv'd back even ONE single email IN RESPONSE. Their service is absolutely devoid of any tech support. Their name may sound rather homey but their assistance is ANYTHING BUT!... Read more

Di Pollard
Di Pollard · 30 November 2022
★★★ Branch review: Libbie Mill Branch

Very nice looking bank but they do not have Saturday hours which can make it hard for a customer who wants to conduct business with them if the customer does not get off work until 5pm.... Read more

View 3 More Comments & Reviews …

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Bank Rating & Reviews
3.1 / 5
  • Rating 3.14/

Bank rating displayed here is the average value for all TowneBank branches. A total of 70 customers had cast their vote for 75 branches and in average, TowneBank got a score of 3.1 out of 5 stars. The bank has 6 reviews or customer complaints filed.

Popular Branches
3685 Blue Ridge Boulevard, Walhalla, SC 29691
1600 Sandifer Boulevard, Seneca, SC 29678
306 East Windsor Street, Westminster, SC 29693
297 Constitution Drive, Virginia Beach, VA 23462
5401 Six Forks Rd, Raleigh, NC 27609
4002 Clemson Blvd, Anderson, SC 29621
208 East Main Street, Williamston, SC 29697
Newly Opened Branches
302 Wingo Way, Mount Pleasant, SC 29464
Closed Branches
800 E Arrowood Rd, Charlotte, NC 28217
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