TowneBank Welcomes New Business Line with Addition of Towne Trust

TowneBank has expanded its delivery of financial services with the addition of Towne Trust, a trust and fiduciary advisory group led by Eric Kauders. Towne Trust formerly operated as Old Point Wealth Management. With locations across Hampton Roads and serving Virginia, North Carolina, and South Carolina, the team provides personalized trust administration strategies including: estate planning, preparation and administration of trusts, advanced planning strategies, as well as investment management of funds for trusts, estates, individuals, families, and nonprofit organizations. 

“Our team stands ready to help families now and for generations to come,” said Eric, 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.”  

The Towne Trust team has its main office on Jefferson Avenue in Newport News, but is available to meet anywhere. To learn more, visit TowneTrust.com.