Press Releases
12/10/2025 | Suffolk, VA
TowneBank announced this week that it has expanded its delivery of financial services with the addition of Towne Trust Company, N.A., “Towne Trust,” a trust and fiduciary advisory group led by A. Eric Kauders, Jr., formerly operating as Old Point Wealth Management. With locations across Hampton Roads and serving Virginia, North Carolina, and South Carolina, this dedicated team of professionals provides personalized trust administration strategies that offer flexibility for evolving family and tax situations, ensure continuity, and align with wealth and estate planning goals. Available services include estate planning, the preparation and administration of trusts, advanced planning strategies, as well as investment management of funds for trusts, estates, individuals, families, and non-profit organizations.“Our team stands ready to help your family now and for generations to come,” said Kauders, an alumnus of the College of William & Mary who received his Juris Doctor from the University of Virginia School of Law. “Protecting your assets to build your legacy is our daily focus.”
“We are thrilled to welcome Eric and his team to the Towne family,” shared Brian Skinner, president of TowneBank in Virginia and Northeastern North Carolina. “Offering trust, estate planning, and fiduciary services helps us provide a more comprehensive range of financial services. We truly are here to serve and enrich your life at every milestone.”
Kauders and his team have their main office on Jefferson Avenue in Newport News, but are available to meet anywhere. To meet the full team and learn more about the services they offer, visit www.TowneTrust.com.
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