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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TowneBank Names Chief Executive Officer Successor
8/26/2022 | Suffolk, VA
William (Billy) Foster will succeed J. Morgan Davis as CEO in 2023.
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TowneBank Announces Agreement To Acquire Farmers Bankshares, Inc. and Farmers Bank
8/18/2022 | Suffolk, VA
Hampton Roads based TowneBank (NASDAQ: TOWN) and Farmers Bankshares, Inc. (OTCPK: FBVA), the parent company of Farmers Bank, Windsor, Virginia, today announced the signing of a definitive merger agreement pursuant to which Farmers Bankshares, Inc. and Farmers Bank, will merge with and into TowneBank.
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Ted Wolfe Named TowneBank Charlotte President
7/28/2022 | Charlotte, NC
Ted Wolfe brings over 30 years of industry experience to TowneBank, including nearly two decades of commercial and corporate banking in the Charlotte market.
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TowneBank Makes a $5 Million Gift to Enhance NC State Athletics
7/7/2022 | Raleigh, NC
TowneBank has committed $5 million to Wolfpack Athletics that will support key upgrades and improvements within Carter-Finley Stadium.
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