FOR IMMEDIATE RELEASE
Virginia Beach, Va. – TowneBank is pleased to announce the grand opening of a new office at the corner of Providence Road and Kempsville Road in Virginia Beach. An official grand opening ceremony will be held on Friday, Sept. 27 at 9 a.m.
This 4,800 square foot banking center, located at 5200 Providence Road in the Fairfield Shopping Center, will offer a wide array of financial services to individuals, businesses, and community organizations.
TowneBank Chairman and CEO, Bob Aston; Virginia Beach Councilman, Ron Villanueva; Virginia Beach President, Bill Foster, and Kempsville Manager, Sandy Rice, will participate in the ribbon-cutting ceremony, along with several other bank and local dignitaries. In the bank’s grand opening tradition, donations will be presented to local charities: The Philippine Cultural Center of Virginia, the Kempsville Recreation Association, and Kempsville PONY Baseball.
“We are very excited to be opening our first TowneBank office in Kempsville,” said Bill Foster, TowneBank Virginia Beach President. “Kempsville is a vibrant community within Virginia Beach — practically a city within a city — and we are pleased to bring our hometown style of banking to local residents.
As one of the top community banks in Virginia and North Carolina, TowneBank operates 26 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 $4.60 billion as of June 30, 2013, TowneBank is one of the largest banks headquartered in Virginia.
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