News Room
Since our beginning in 1999, we have been committed to being a local leader in each community we serve-actively promoting social, cultural, and economic growth. Our stories are shared in our TowneToday newsletters, media coverage, and press releases. We invite you to browse through our library to learn more about TowneBank and our bankers.
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Press Releases
TowneBank and Village Bank Complete Merger
4/1/2025 | Suffolk, VA
TowneBank announces the completion of its merger with Village Bank.
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Press Releases
TowneBank and Village Bank Receive FDIC Approval
3/18/2025 | Suffolk, VA
The Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with TowneBank’s acquisition of Village and its wholly-owned subsidiary, Village Bank. In addition to the parties receiving all required regulatory approvals.
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In The News
Bob Aston Receives Honors
10/5/2024 | Virginia Beach, VA
TowneBank Executive Chairman, Bob Aston, received honors from Chesapeake Bay Academy and Virginia Wesleyan University for his years of commitment and support to each institution.
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Press Releases
TowneBank and Village Bank Merger
9/24/2024 | Suffolk, VA
Hampton Roads based TowneBank (NASDAQ: TOWN) and Village Bank and Trust Financial Corp. (NASDAQCM: VBFC) (“Village”), the parent company of Village Bank, today announced the signing of a definitive agreement and plan of reorganization pursuant to which TowneBank will acquire Village and Village Bank.
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