TowneBank is a Virginia‐based financial services company organized as a bank holding company. Its primary subsidiary, TowneBank, operates a network of community banking offices and mortgage production facilities. The company offers a comprehensive range of commercial and consumer banking solutions, including deposit accounts, lending products, treasury management, and private banking services tailored to individuals, small businesses, and middle‐market corporations.
In addition to traditional banking, TowneBank provides specialty services through affiliated subsidiaries. Towne Mortgage Company delivers residential and commercial mortgage origination, while Towne Insurance Agency offers property and casualty, life, and health insurance products. The company’s wealth management division offers trust and fiduciary services, financial planning, and investment management to high‐net‐worth clients.
Headquartered in Suffolk, Virginia, TowneBank maintains a strong regional presence across the Hampton Roads area, Richmond and central Virginia, northeastern North Carolina, and parts of the Outer Banks. Its community‐focused approach emphasizes local decision-making and customer relationships, supporting economic development and small‐business growth in the markets it serves.
TowneBank traces its roots back to the early 20th century and reorganized as a holding company in 1999 to support expansion and diversification. The firm is led by Donald M. Bradshaw as Executive Chairman and Donald M. Bradshaw Jr. as President and Chief Executive Officer, under whose stewardship the company has continued to grow its branch network and enhance its suite of financial services.
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