Towne Bank

Branches

Your current location is: New York, NY

Towne Bank Locations

Rates - August 20, 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
Special: 5 Mo CD
1.57% $1,000 - Compare
6 Mo CD
0.10% $1,000 $24,999 Compare
6 Mo CD
0.25% $50,000 $249,999 Compare
Special: 12 Mo CD
1.79% $1,000 - Compare
12 Mo CD
0.20% $1,000 $24,999 Compare
12 Mo CD
0.40% $50,000 $249,999 Compare
18 Mo CD
0.30% $1,000 $24,999 Compare
18 Mo CD
0.40% $50,000 $249,999 Compare
Special: 19 Mo CD
1.50% $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
0.75% $50,000 $249,999 Compare
48 Mo CD
0.75% $1,000 $24,999 Compare
48 Mo CD
1.00% $50,000 $249,999 Compare
60 Mo CD
0.75% $1,000 $24,999 Compare
60 Mo CD
1.15% $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 $11.57 billion
Loans $8.30 billion
Deposits $8.78 billion
Capital $1.57 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.90 billion
Interest-bearing balances $0.80 billion
Total securities $1.15 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $8.30 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 $0.50 billion
All other assets $0.43 billion
     Total Assets $10.00 billion

LIABILITIES
Total deposits $8.78 billion
      Interest-bearing deposits $5.92 billion
      Deposits held in domestic offices $8.78 billion
      % insured (estimated) 52.07%
Federal funds purchased and repurchase agreements $0.04 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.78 billion
Subordinated debt $0.25 billion
All other liabilities $0.15 billion
      Total Liabilities $10.00 billion
      Shareholders’ Equity $1.57 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.11 billion
Total Interest Expense $0.03 billion
Net interest income $0.09 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.06 billion
Total non interest expense $0.11 billion
Pre-tax Net Operating Income $0.04 billion

Towne Bank is an FDIC insured institution headquartered at 5716 High Street, Portsmouth, VA 23703.
It was founded in 1999 and has approximately $12 billion in assets. Customers can open an account at one of its 44 branches.