TOWNEBANK HISTORY
- Bank Name:TowneBank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #35095
- Locations:50 Branches in 2 states
TowneBank was founded on April 8, 1999 and has been serving the financial needs of their customers for over 25 years.
TowneBank currently operates with 50 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 TowneBank, 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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