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TowneBank


ACH Number: 51405670

TowneBank is an FDIC insured institution headquartered at 5716 High St W, Portsmouth, VA 23703.
It was founded in 1999 and has approximately $20 billion in assets. Customers can open an account at one of its 44 branches.

Deposit Rates - June 26, 2026

SAVINGS RATES APY MIN
Savings
0.02% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.05% $10,000 Compare
6 Mo CD
0.05% $100,000 Compare
12 Mo CD
0.10% $10,000 Compare
12 Mo CD
0.10% $100,000 Compare
18 Mo CD
0.15% $10,000 Compare
18 Mo CD
0.15% $100,000 Compare
24 Mo CD
0.20% $10,000 Compare
24 Mo CD
0.20% $100,000 Compare
30 Mo CD
0.20% $10,000 Compare
30 Mo CD
0.20% $100,000 Compare
36 Mo CD
0.20% $10,000 Compare
36 Mo CD
0.20% $100,000 Compare
48 Mo CD
0.20% $10,000 Compare
48 Mo CD
0.20% $100,000 Compare
60 Mo CD
0.20% $10,000 Compare
60 Mo CD
0.20% $100,000 Compare
MM RATES APY MIN
Money Market
0.01% $2,500 Compare
Money Market
0.02% $10,000 Compare
Money Market
0.03% $25,000 Compare
PREMM RATES APY MIN
Premium Money Market
0.01% $10,000 Compare
Premium Money Market
0.03% $25,000 Compare
FIXED IRA RATES APY MIN
Fixed IRA
0.10% $1
INT CHECKING RATES APY MIN
Int Ckg
0.01% $1
Int Ckg
0.01% $2,500




Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 35095
Date Established 1999
Assets $ 19.69 billion
Loans $ 13.34 billion
Deposits $ 16.60 billion
Capital $ 2.43 billion

Summary Balance Sheet as of December 31, 2025

ASSETS
Cash & Balances due from depository institutions $ 1,334.90 million
Interest-bearing balances $ 1,204.96 million
Total securities $ 2.87 billion
Federal funds sold and reverse repurchase $ 15.75 million
Net loans and leases $ 13.34 billion
Loan loss allowance $ 147.34 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.28 million
Goodwill and other intangibles $ 690.61 million
All other assets $ 573.67 million
     Total Assets $ 17.26 billion

LIABILITIES
Total deposits $ 16.60 billion
      Interest-bearing deposits $ 11.44 billion
      Deposits held in domestic offices $ 16.60 billion
      % insured (estimated)" 53.08%
Federal funds purchased and repurchase agreements $ 34.82 million
Trading liabilities N.A.
Other borrowed funds $ 55.47 million
Subordinated debt $ 278.23 million
All other liabilities $ 238.68 millionn
      Total Liabilities $ 17.26 billion
      Shareholders’ Equity $ 2.43 billion

Summary Income Statement as of December 31, 2025

INCOME AND EXPENSES
Total Interest Income $ 846.48 million
Total Interest Expense $ 282.65 million
Net interest income $ 563.82 million
Provision for loan and lease losses $ 23.50 million
Total non interest income $ 328.78 million
Total non interest expense $ 658.90 million
Pre-tax Net Operating Income $ 115.68 million

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