Towne Bank

Branches

Your current location is: New York, NY

Towne Bank Locations

Rates - May 26, 2019

Your current location is: New York, NY

CD RATES APY MIN MAX
3 Mo CD
0.05% $1,000 $24,999 Compare
3 Mo CD
0.20% $50,000 $249,999 Compare
6 Mo CD
0.10% $1,000 $24,999 Compare
6 Mo CD
1.00% $50,000 $249,999 Compare
Special: 12 Mo CD
2.25% $1,000 - Compare
12 Mo CD
0.20% $1,000 $24,999 Compare
12 Mo CD
1.50% $50,000 $249,999 Compare
18 Mo CD
0.30% $1,000 $24,999 Compare
18 Mo CD
1.50% $50,000 $249,999 Compare
Special: 19 Mo CD
1.50% $1,000 - Compare
Special: 24 Mo CD
2.60% $1,000 - Compare
24 Mo CD
0.45% $1,000 $24,999 Compare
24 Mo CD
0.50% $50,000 $249,999 Compare
30 Mo CD
0.45% $1,000 $24,999 Compare
36 Mo CD
0.55% $1,000 $24,999 Compare
36 Mo CD
1.75% $50,000 $249,999 Compare
48 Mo CD
0.75% $1,000 $24,999 Compare
48 Mo CD
2.00% $50,000 $249,999 Compare
60 Mo CD
1.20% $1,000 $24,999 Compare
60 Mo CD
2.00% $50,000 $249,999 Compare
SAVINGS RATES APY MIN MAX
Savings
0.05% $1 - Compare
MM RATES APY MIN MAX
Money Market
0.07% $2,500 - Compare
PREMM RATES APY MIN MAX
Premium Money Market
0.10% $10,000 $24,999 Compare
Premium Money Market
0.10% $25,000 $49,999 Compare
FIXED IRA RATES APY MIN MAX
Fixed IRA
0.20% $1,000 $24,999
INT CHECKING RATES APY MIN MAX
Int Ckg
0.01% $1 -

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35095
Date Established 1999
Assets $11.16 billion
Loans $8.19 billion
Deposits $8.41 billion
Capital $1.54 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.69 billion
Interest-bearing balances $0.59 billion
Total securities $1.15 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $8.19 billion
Loan loss allowance $0.05 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.02 billion
Goodwill and other intangibles $0.49 billion
All other assets $0.42 billion
     Total Assets $9.62 billion

LIABILITIES
Total deposits $8.41 billion
      Interest-bearing deposits $5.75 billion
      Deposits held in domestic offices $8.41 billion
      % insured (estimated) 53.31%
Federal funds purchased and repurchase agreements $0.05 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.80 billion
Subordinated debt $0.25 billion
All other liabilities $0.12 billion
      Total Liabilities $9.62 billion
      Shareholders’ Equity $1.54 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.42 billion
Total Interest Expense $0.08 billion
Net interest income $0.34 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.27 billion
Total non interest expense $0.43 billion
Pre-tax Net Operating Income $0.17 billion

Towne Bank is an FDIC insured institution headquartered at 5716 High Street, Portsmouth, VA 23703.
It was founded in 1999 and has approximately $11 billion in assets. Customers can open an account at one of its 44 branches.