By now, most have heard the story. The tale of a community bank, with a vibrant community spirit, founded in Hampton Roads, that achieved profitability in just eleven months. A community bank that opened three offices in three cities on the same day in April 1999. A community bank that raised over $49 million in start-up capital from over 4,000 shareholders. It’s an amazing story, and it’s all true.

To this day, TowneBank enjoys a reputation as the most successful new bank ever chartered in Virginia. The bank has grown from humble beginnings to a 37 branch network with over $5.7 billion in assets. Spreading the Towne family spirit from Virginia Beach to Richmond and Northeastern North Carolina, the bank now offers a full array of financial services, including insurance, investments, mortgage, title insurance, real estate services, employee benefits and more.