TowneBank Common Stock

TowneBank engages in the provision of retail and commercial banking services to individuals and small and medium size businesses. The company is headquartered in Portsmouth, Virginia. The firm's segments include Banking, Mortgage, and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. The company also provides commercial mortgage brokerage services and a variety of investment and asset management services. Its personal banking services include personal checking, personal lending and personal savings. Its business banking services include business checking, and online banking & treasury services. The Mortgage segment provides originations of a variety of mortgage loans. The Insurance segment provides solutions for businesses, individuals, and community organizations. The company operates over 70 banking offices throughout Hampton Roads and Central Virginia, Eastern and Central North Carolina, Greenville and the upstate region of South Carolina, and Charleston, South Carolina.