TowneBank
- Bank Name:TowneBank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #35095
- Routing Number:ACH & Wire - 051408949
- Locations:50 Branches in 2 states
- Web Address:townebank.com
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 50 branches located in 2 states. The bank has most branches in Virginia and North Carolina. As of today, TowneBank is the 160th largest bank in US by branch count. TowneBank is the 12th largest bank in Virginia with 35 branches; 22nd in North Carolina with 15 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
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.
Reviews & Complaints
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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
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
I went into your bank to cash a check, that was written on YOUR bank, and was turned away. The manager, Nancy Hall, said they had to verify some information with the payer first, and would call me back. I was late for appointments and other arrangements, because they wasted so much of my time today. I didn't receive a call until the end of the day, telling me they still couldn't cash my check. The... Read more
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