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Towne News

NSA Breaks Ground on Land Donated by the TowneBank Foundation 6.23.2015
Nansemond-Suffolk Academy and community leaders gathered for a groundbreaking ceremony Tuesday on a piece of land next to the TowneBank operations center and university on Harbour View Boulevard.
TowneBank Announces Quarterly Cash Dividend Common Stock Dividend Increased By 9% 5.20.2015
TowneBank announced today that its Board of Directors on May 19, 2015 declared its second-quarter shareholder cash dividend of $0.12 per common share payable on July 10, 2015 to shareholders of record on June 30, 2015.
J. Morgan Davis, An "Inside Business" Article 5.4.2015
Although he works 14-hour days, the job feels more like a hobby to Morgan Davis, president of TowneBank.
TowneBank Reports 30.6% Increase in First Quarter Earnings 4.27.2015
TowneBank reported record earnings of $14.54 million for the quarter ended March 31, 2015, a 30.61% increase, or $3.41 million, over the $11.13 million reported for the comparative period in 2014.
TowneBank, Roc Solid celebrate 2-year-old cancer survivor 4.25.2015
Roc Solid and TowneBank volunteers gave a pleasant surprise Saturday to a 2-year-old boy who has been battling an aggressive brain tumor for the past year.
TowneBank, Roc Solid Celebrate 2-year-old Cancer Survivor 4.25.2015
Roc Solid and TowneBank volunteers gave a pleasant surprise Saturday to a 2-year-old boy who has been battling an aggressive brain tumor for the past year.
TowneBank Promotes Three 4.9.2015
TowneBank announced promotions for three Suffolk headquarters employees.
Morgan Davis - Harmonizing Business with Community - Influencing People, Business and Community 3.30.2015
Morgan Davis - Harmonizing Business with Community - Influencing People, Business and Community
TowneBank Announces Quarterly Cash Dividends and Annual Shareholder Meeting Date 2.27.2015
Hampton Roads based TowneBank (Nasdaq:TOWN) announced today that its Board of Directors on February 27, 2015 declared its first-quarter shareholder cash dividend of $0.11 per common share payable on April 10, 2015 to shareholders of record on March 30, 2015.
TowneBank expands insurance business on Peninsula, Middle Peninsula 2.6.2015
Suffolk-based TowneBank says it's acquiring two independent insurance firms to expand its insurance business further on the Peninsula and to the Middle Peninsula.
TowneBank Reports Full Year and Fourth Quarter Financial Results For 2014 2.2.2015
TowneBank reported record annual earnings of $42.17 million for the year ended December 31, 2014, as compared to the $41.76 million earned in 2013.
TowneBank Announces Redemption of SBLF Preferred Stock 1.8.2015
TowneBank announced that it has redeemed in full the Company's $76.46 million of outstanding Series C preferred stock issued to the U.S. Department of the Treasury under the Small Business Lending Fund.
TowneBank Workers Distribute Gloves to the Homeless 1.8.2015
TowneBank workers and volunteers delivered nearly 600 pairs of gloves to eight shelters.
TowneBank Completes Acquisition of Franklin Federal Corporation 1.5.2015
TowneBank announced that, at the close of business on January 2, 2015, it completed the previously announced acquisition of Franklin Federal Corporation.
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