Posts by Author: 572 posts by jessica

FOR IMMEDIATE RELEASE

Camden, Nc. – TowneBank announces the promotion of Kelly Campbell to branch manager of its Camden location in North Carolina.

Campbell has been a member of the Towne Family for nine years and has more than 12 years of industry experience. She is a board member for Kids First, Inc. (more…)

FOR IMMEDIATE RELEASE

Suffolk, Va. – TowneBank welcomes Carla Mabry as a vice president and OFAC compliance/high risk relationship officer. She is based at TowneBank’s headquarters in Suffolk.

Mabry has 19 years of industry experience and is a Certified Anti-Money Laundering Specialist (CAMS). She received both her undergraduate and Master’s degrees from Saint Leo University and is currently a student at the Virginia Bankers School of Bank Management. (more…)

Virginia Beach, Va. – The 22nd annual India Fest, hosted by local nonprofit group, the Asian Indians of Hampton Roads (AIHR), will take place at the Virginia Beach Convention Center on Saturday, Nov. 11 from 11 a.m. – 7 p.m. The free event draws more than 10,000 attendees each year and proceeds from sponsorships benefit various charities and disaster relief programs.

India Fest features all-day activities and entertainment, including Bollywood dance performances, yoga demos, and an Indian bazaar with clothing, jewelry and other vendors. Children can participate in essay writing, poetry, art and Lego competitions and more; more information about these contests can be found at www.aihr.org. (more…)

Cold Spring, Ky. (For Immediate Release) – DAV (Disabled American Veterans) announced today that registration is open for its 2017 DAV 5K National Race Series in the following host cities: Atlanta; Boston; Cincinnati; San Antonio; Newport News, Virginia; and Tulsa, Oklahoma. The DAV 5K is a run, walk, roll and motorcycle ride that thanks those who served and raises awareness of the issues our ill and injured veterans face every day. (more…)

OUTLET: Triangle Business Journal

As it pushes to finalize its pending purchase of Raleigh’s Paragon Commercial Corporation, TowneBank has completed another buyout in North Carolina.

TowneBank subsidiary Towne Insurance has closed on the acquisition of Kinston-based W.A. Moore Insurance.

Cover story: Where have our community banks gone?

While it’s a separate transaction from Paragon, Dudley Fulton, president and CEO of Towne Insurance, says it’s part of the firm’s overall North Carolina strategy. And it likely won’t be the last deal to touch the region.
In This Article

Banking & Financial Services Industry
Dudley Fulton Person
TowneBank Company
W.A. Moore Person
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Virginia Beach-based Towne Insurance has continued to expand outside of Virginia with the announcement it is acquiring an independent insurance agency in North Carolina.

The wholly-owned subsidiary of TowneBank recently acquired W.A. Moore Insurance in Kinston, N.C. This is the company’s 22nd acquisition and Towne Insurance’s sixth acquisition in North Carolina.

Dudley Fulton, president and CEO of Towne Insurance, said the addition of the agency will only enhance the company’s services.
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VIRGINIA BEACH, Va. (WVEC) — The temporarily closed Beach Movie Bistro will reopen under new management and a new name.

The cinema will reopen Friday as the Beach Cinema Ale House.

Employee and customers were left confused after the theater previously announced it would be closing.

“Beach Movie Bistro regrets to announce that we have shut our doors effective today,” the owners announced in a Facebook post Wednesday. “The decision to close was a difficult one.”

Screenshot of the Beach Movie Bistro announcing its closure on Facebook, before the Facebook page was deleted on Wednesday. (Photo: Facebook) (more…)

A worker for Beach Movie Bistro, the oceanfront’s only movie theater, removes letters spelling “Closed For Business” from the marquee at the movie theater on Laskin Road Wednesday afternoon, July 19, 2017.The Oceanfront’s only movie theater will reopen today after news had spread about it closing.

Beach Movie Bistro will have a new name: Beach Cinema Alehouse. (more…)

OUTLET: The Virginian-Pilot

Elarraine Laureta, 18, loves children and dreams of becoming a pediatrician. The problem until now was that she didn’t think that her family could afford the tuition.

Like her friend, 17-year-old DeAsia James, Elarraine is now one of 135 graduates in the Class of 2017 to receive a scholarship and support with the application process from ACCESS College Foundation.

The charity, founded by Frank Batten Sr. and Joshua Darden in 1988, provides scholarships for high school graduates in South Hampton Roads and Northampton County. Counselors also guide students through the cumbersome process of applying for college and financial aid, said Amy Hall, ACCESS Advisor for Ocean Lakes and Salem high schools.

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