OUTLET: Inside Business

A career in health care never crossed David Abraham’s mind while he was in college.

He worked part-time as a bank teller while attending the University of Louisville and expected to make banking his career. After graduating with a business degree, he was transferred to the bank’s wealth management department, where he bought and sold municipal bonds for clients.

He got his start in health care 27 years ago when he and his wife Rachel, who met in their freshman year at the university, were looking for employment opportunities in Louisville and Hampton Roads to be near family. He got a job as a business office manager at Norfolk Health Care Center, where he was mentored, put through an administrator training program and taught the fundamentals of the industry. (more…)

TowneBank reported earnings of $38.29 million for the third quarter, setting another record.

“Net income increased 41.05 percent over 2017, credit quality remained strong and our return on average assets was 1.40 percent,” executive chairman G. Robert Aston Jr. stated in a Thursday press release.

Towne, which is one of the top community banks headquartered in Virginia, has $11.12 billion in total assets as of Sept. 30. It operated 40 banking offices and offers a wealth of financial services in Virginia and North Carolina. (more…)

OUTLET: WAVY Hampton Roads Show

PORTSMOUTH, Va. (WAVY) – Our studio audience was from the ACCESS College Foundation, and they’re here to tell us about how they’ve been working to get high school students pay for college for three decades and they’re ready to celebrate!

ACCESS College Foundation 
30th Anniversary Gala
Wednesday, October 24 at 6 p.m.
Hilton Norfolk THE MAIN
To get your tickets and learn more about the ACCESS College Foundation, visit ACCESSCOLLEGE.ORG 

OUTLET: WTKR

NORFOLK, Va. – TFC Recycling has decided to terminate its contract to collect the city’s curbside recycling. In a press release, the company cited challenges from new Chinese rules that make it tougher to import recycled materials with high contamination.

TFC collects recycling from Norfolk, Virginia Beach, Chesapeake and Suffolk, but Norfolk’s contract allowed TFC to opt out with 90 days notice. Now the city is looking for a new contract, so by November a different company could be picking up the blue bins. (more…)

OUTLET: Coast Live

HAMPTON ROADS, Va- Actor and producer Darryl Bell speaks about his career and his role as Ron Johnson from A Different World.  As an education advocate, Ron will also talk about his role in town for the annual Scholarship Awards Luncheon for Access College Foundation (accesscollege.org).

OUTLET: The Beacon

144 students received scholarships at ACCESS College Foundation’s 2018 Scholarship Awards Luncheon, held at the Virginia Beach Convention Center on June 20. Keynote speakers were Darryl Bell, actor from ‘90s sitcom A Different World, and former ACCESS scholar turned Harvard Law grad, Gwen Green. Scholarship amounts ranged from $5,000 to $25,000. ACCESS, which is celebrating its 30th anniversary this year, has helped over 60,000 public high school students in South Hampton Roads and Northampton County find a path to college, and awarded more than $9 million in scholarships. For more information, visit www.accesscollege.org.

OUTLET: Inside Business

By Nate Delesline III

TowneBank has retained its status as the largest bank in Hampton Roads for a second year.

The bank held 22 percent of the region’s market share with $5.48 billion in deposits. Wells Fargo, with $4.73 billion in deposits, is second with a 19 percent share.

SunTrust, BB&T and Bank of America round out the region’s top five banks. (more…)