The banking segment offers both depository and loan services. This unit also covers commercial mortgage brokerage services. The realty segment primarily offers real estate services like origination of mortgage loans, commercial residential title insurance and real property management. The insurance division offers property and casualty insurance coverage in addition to employee and group benefits. The company operates 36 banking offices in the two states and continuously expands its operations through organic growth and acquisition.
It is in Portsmouth, Virginia that TowneBank holds its corporate office. The company remains listed as a component of the Wilshire 5000 Index and is publicly traded on the NASDAQ. Common shares of the business are marketed using the ticker symbol TOWN.