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TowneBank

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TowneBank
Company typePublic company
NasdaqTOWN
Russell 3000 component
IndustryFinancial services
FoundedSeptember 3, 1998; 26 years ago (1998-09-03)
HeadquartersSuffolk, Virginia, U.S.
Number of locations
44 branches
Key people
Bob Aston, chairman
Billy Foster, president and chief executive officer
ProductsBanking, investments
RevenueIncrease $686.935 million (2022)
Decrease $188.987 million (2022)
Total assetsDecrease $15.845 billion (2022)
Total equityDecrease $1.889 billion (2022)
Number of employees
2,766 (2022)
Websitewww.townebank.com
Footnotes / references
[1]

TowneBank is a bank headquartered in Suffolk, Virginia with 44 branches in Virginia and North Carolina. They have owned the naming rights to TowneBank Stadium and TowneBank Tower at Dowdy–Ficklen Stadium since 2019.[2]

While remaining headquartered in Suffolk, their financial services wing, which includes mortgage, insurance, and benefits, operates out of the TowneBank Building in Downtown Norfolk, Virginia.[3]

References

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  1. ^ "TowneBank 2022 Annual Report" (PDF). TowneBank. Retrieved March 23, 2023.
  2. ^ "Christopher Newport University announces new football stadium name". 13 News Now. August 16, 2019. Retrieved March 23, 2023.
  3. ^ "TowneBank and CHKD buy Norfolk Southern building in downtown Norfolk". WAVY.com. 2020-06-24. Retrieved 2023-06-15.
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