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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