Category: Newsroom

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.

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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…)

Virginia Beach, VA – Towne Insurance, a wholly-owned subsidiary of TowneBank, announces the addition of Williamsburg-based Middle Peninsula Insurance Agency, Inc. Founded in 1908 and led by agency president Joe Harrow, Middle Peninsula Insurance has a long-standing local reputation for strong relationships with carriers and clients alike. Focused on client satisfaction, the agency provides personal and business insurance solutions to over 5,000 clients through their three offices located in Williamsburg, Deltaville, and Dillwyn, Virginia. (more…)

OUTLET: WTKR

SUFFOLK, Va. – They say there’s no place like home for the holidays, and for Lori Boone that now has a new meaning.

Boone and her daughter Kiana are moving into a home on Lake Kennedy Drive. Habitat for Humanity of South Hampton Roads built the home and they’re selling it to Boone at an affordable rate. (more…)

NORFOLK, VA (December 18, 2018) — Habitat for Humanity of South Hampton Roads (Habitat SHR) and Housing Hampton Roads are proud to welcome the Boone family into its new “Habitat” home on Christmas Eve 2018.

The new home is on 908 Lake Kennedy Drive in Suffolk. It’s the final house in a nine-home cluster built through Habitat SHR over the past three years. Once the Boones move in, all nine homes will have Habitat homeowners. (more…)