Category: Newsroom

April 22, 2019 (Norfolk, Va.) – Imagine the energy generated by 2,000
18-year olds looking ahead excitedly to high school graduation and to their next step in life, college.

Nearly 2,000 local high school seniors, many the first in their families to be able to continue their education, will converge on the floor of The Ted Constant Center at Old Dominion University. Prompted from the stage by popular local DJ Shaggy, they will clap, stomp and cheer for each other, making the fourth annual College Commitment Day, sponsored by Access College Foundation, one of the loudest and most visual events of the year. (more…)

OUTLET: Suffolk News Herald

By Jimmy LaRoue

Suffolk high school seniors shared their stories of how the ACCESS College Foundation has opened college doors to them during the annual Suffolk Donor Recognition Luncheon Tuesday.

Held at the Suffolk Center for Cultural Arts, the event honored donors for their support. The foundation has provided college information to 13,000 students since 2003, helped them secure $47 million in financial aid and provided 184 ACCESS scholarships worth $1.4 million. Last year, the program provided information to 890 Suffolk students, and eight scholarships worth $70,000. (more…)

OUTLET: The Reflector

A new bank is coming to Greenville this week.

TowneBank will officially open its newest office in North Carolina with a ribbon-cutting ceremony at 2839 Charles Blvd. in Greenville at 5:30 p.m. on Tuesday.

Among those in attendance will be TowneBank Executive Chairman G. Robert Aston, Jr., Jim Clement, chairman of the board of TowneBank of Greenville and president of Towne Insurance Central North Carolina, Greenville Mayor P.J. Connelly and other civic and business leaders from the local area.

The 4,500 square foot office will be the 41st in Towne’s 20-year history and its tenth in North Carolina, joining offices in Camden, Moyock, Nags Head, Corolla, Southern Shores and Grandy, plus three Paragon Bank offices, which are a Division of TowneBank, in Raleigh, Charlotte and Cary.

The decision to open a banking office in Greenville comes six years after Towne entered the eastern North Carolina insurance market by acquiring The Clement Companies.

“The outstanding response to the Towne brand in insurance convinced us to bring banking services to this dynamic area of North Carolina,” Aston said. “Our new office will open with nine local bankers ready to welcome neighbors from Greenville and the surrounding area with our unique style of hometown banking.”

Greg Steele, president, TowneBank of Greenville, along with senior Vice President Allen Clayton and senior Relationship Specialist Katherine Thomas, make up the Commercial Banking Team. Senior Vice President and Branch Manager Glenn Marsh, along with member service specialists Brittany Morris, Meredith Bunch, and Meredith Mozingo will provide retail banking services. Rounding out the Greenville team are Anne Cato and Lisa Roberts, two residential mortgage professionals who have worked in the Pitt and Beaufort County markets for more than 30 years combined.

Clement said the bank’s arrival in Greenville comes at just the right time.

“With other financial institutions consolidating or leaving the region, it is a favorable time for TowneBank with its excellent reputation for exquisite service delivery and community involvement to plant its flag here,” he said. “During my association with Towne, I have found everyone to be very caring and committed to the community. I know that many of our insurance clients and employees are eager to become TowneBank members.”

“Eastern North Carolina is uniquely positioned with a blend of industrial, manufacturing and life science companies, in addition to a wonderful regional health system in Vidant Health,” Steele said. “These strong economic generators, along with vibrant post-secondary educational opportunities through East Carolina University and Pitt Community College, convinced Towne to make further investments in the Greenville area.”

“The team spirit of caring at TowneBank is very infectious. I’ve been in banking for 23 years,” Marsh said, “and I’ve never experienced anything like it. The bank is committed to its banking family and the communities they serve, and we are certain that will also be the case here.”

The Charles Boulevard office is open from 9 a.m. to 5 p.m. Monday through Thursday and 9 a.m. to 6 p.m. on Fridays.

“Residents and businesses will be able to access a full array of competitive banking services but with an attention to detail that has characterized TowneBank since its inception,” Steele said

Greenville, NC– TowneBank will officially open its newest office in North Carolina with a ribbon cutting at 2839 South Charles Boulevard in Greenville on Tuesday, March 19, at 5:30 p.m. Among those in attendance will be TowneBank executive chairman G. Robert Aston, Jr., Jim Clement, chairman of the board TowneBank of Greenville and president Towne Insurance Central North Carolina, Greenville Mayor P.J. Connelly, and other civic and business leaders from the local area.

(more…)

NORFOLK, VA (March 18, 2019) – A homecoming parade is coming to Chesapeake on Saturday, March 30 but not the kind you might expect.

That’s because members of the Porsche Club of America – First Settlers Region will drive 20 Porsche sport cars up and down Marcus Street in the Crestwood area of Chesapeake to celebrate the Mulrain family as new homeowners through Habitat for Humanity of South Hampton Roads.

The local Porsche club is an integral part of this particular Habitat home as the organization raised over $70,000 in monetary and material donations from its members to support the cause. The club members also spent hundreds of collective hours volunteering on the construction site.

All the fundraising and home building will conclude with a home dedication ceremony at 2 p.m. on Saturday, March 30 at the house (527 Marcus Street).

“We are so grateful to the Porsche Club of America – First Settlers Region,” says Frank Hruska, Executive Director of Habitat for Humanity of South Hampton Roads. “They have been a perfect partner and a great example of how community groups and Habitat SHR can work together.”

Media is encouraged to arrive no later than 1:30 p.m. on Saturday, March 30 to capture the “Porsche parade” and then the dedication ceremony.

Virginia Beach, VA- Towne Insurance, a wholly-owned subsidiary of TowneBank, announced the addition of Straus, Itzkowitz & LeCompte Insurance, a full-service, independent agency located in Richmond, VA. This will mark the 23rd acquisition for Virginia-based Towne Insurance.

“This new addition to Towne Insurance is a great fit to partner with as they show the same dedication to growth as we do,” said Dudley Fulton, President & CEO of Towne Insurance. “We are thrilled to welcome Fred Itzkowitz, Pettus LeCompte and their whole team to the Towne Family.” (more…)

OUTLET: Suffolk News Herald

Over the past 13 years, TowneBank has been consistently recognized with awards of excellence by Greenwich Associates, an independent financial consulting and research firm. For 2018, TowneBank was honored with a total of eight Greenwich Excellence Awards, including new awards for trust and ease of doing business.

To tabulate rankings, Greenwich Associates surveyed more than 14,400 small business banking clients with $1 million to $10 million in annual sales. Participants rate the financial institutions on a range of factors based on a five-point scale. From the responses, a select number of banks that performed at levels higher than their peers are identified. The selected banks receive a higher percentage of excellent ratings at a 95-percent confidence level than the average of other eligible banks. Out of the more than 600 banks evaluated nationwide, just 33 were recognized as having distinctive quality. In the Best Brand category, only 22 banks received recognition. (more…)

OUTLET: Pulse, The Virginian-Pilot

This year’s Virginia Festival of Jewish Film will include appearances by actors Hal Linden and Ryan Ochoa, and former N.Y. Mets player Ty Kelly as it presents six films at five venues.

The annual “Hollywood Night” with local film critic Mal Vincent will feature a big-budget movie about the creation of the state of Israel.

Towne Insurance has acquired Middle Peninsula Insurance Agency Inc., which serves clients in Williamsburg, Deltaville and Dillwyn. (more…)

FOR IMMEDIATE RELEASE

VIRGINIA BEACH (January 8, 2018) – Endurance IT services was recently named as one of the 2019 Best Places to Work in Virginia. The annual list of the Best Places to Work in Virginia was created by Virginia Business and Best Companies Group. The company has been named a ‘Best Place to Work’ for the eighth year overall.

This statewide survey and awards program are designed to identify, recognize and honor the best places of employment in Virginia, benefiting the state’s economy, workforce and businesses. The 2019 Best Places to Work in Virginia list is made up of 100 companies. (more…)