TowneBank Mortgage Announces Growth in Central and Western Virginia

FOR IMMEDIATE RELEASE

Virginia Beach, Va. – Hampton Roads based TowneBank Mortgage, a division of TowneBank, is pleased to announce the continued expansion into the Central and Western Regions of Virginia, including Harrisonburg, Charlottesville and Staunton.   

Karen Frank has joined TowneBank Mortgage as vice president and area manager for the Central and Western regions.  With over 25 years of industry experience, Frank will ensure the continued growth of TowneBank Mortgage in this new area.  She enjoys being a member of the Greater Augusta Association of REALTORS®, the Augusta Homebuilders Association and the Greater Augusta Regional Chamber of Commerce, and will be headquartered in Staunton.

Marcella Johnson comes to TowneBank Mortgage with over 33 years of experience in the financial market.  With a background in banking, processing and underwriting, she transitioned into originations, and has spent the last 17 years as a Mortgage Loan Officer.  Based out of Charlottesville, Johnson is a member of the Charlottesville Area Association of REALTORS® and the Charlottesville Women’s Council of REALTORS®.

Tom McGloon has joined the Harrisonburg team as a Mortgage Loan Officer.  With over 10 years of experience, he has received accreditation as a Certified Mortgage Professional.  McGloon has been a Harrisonburg resident for over 30 years, and is a member of the Harrisonburg-Rockingham Chamber of Commerce and the Harrisonburg-Rockingham Association of REALTORS®.

TowneBank Mortgage, a division of TowneBank, is a hometown mortgage company dedicated to providing exceptional service.  With the most advanced technology, TowneBank Mortgage offers a wide variety of mortgage loan options, local decision-making and processing, and on-time closings. For more information, visit www.townebankmortgage.com

As one of the top community banks in Virginia and North Carolina, TowneBank operates 27 banking offices serving Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach, Williamsburg, James City County and York County in Virginia along with Moyock, Grandy, Camden, Southern Shores, Corolla and Kill Devil Hills in North Carolina.  Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, TFA Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Prudential Towne Realty, Towne 1031 Exchange, LLC, and Corolla Classic Vacations. Local decision-making is a hallmark of its hometown banking strategy that is delivered through the leadership of each group’s President and Board of Directors.

With total assets of $4.57 billion as of September 30, 2013, TowneBank is one of the largest banks headquartered in Virginia.

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