TowneBank has a culture that:
- Has a commitment to exquisite service for our members that will lead to our ability to create a reasonable rate of return for our shareholders, a bright future for our dedicated bankers, and a leadership role for our bank in promoting the social, cultural, and economic well-being of our community.
- Embraces our hometown banking philosophy, where our family members, directors, and employees are active volunteers, serving on numerous boards and donating their time and talents to local organizations.
LEAD (Leadership Exploration and Development) is a leadership and management development program. Scheduled to begin in July 2026, this program offers onsite training at the bank’s headquarters in Suffolk, VA. The first half of the program is spent in specific job rotations throughout our headquarters in Hampton Roads. The second half of the program is spent in specific on-the-job training in a selected Career Track (see below) within one of Towne’s regions.
The LEAD Program is designed to develop the skills and knowledge to be a successful leader in a top-performing financial institution.
Learning opportunities include presentation skills, advanced communication, business etiquette, ethics, financial management, and more.
Participate in classroom and online learning, job rotations, special projects, group activities, and community volunteerism.
Build professional networks, receive mentoring from previous program graduates and executives, participate in employee resource groups, and engage with local community organizations.
The LEAD program includes a strong focus on our mission of serving others and enriching lives, from both the professional and philanthropic perspective.
- Retail and Private Banking
- Commercial Banking
- Towne Financial Services Group – Mortgage
- Towne Financial Services Group - Insurance
- Specialized tracks for Enterprise Support Services such as: Audit, Accounting, Technology, and Risk Management
LEAD Program Prerequisite:
-Completed bachelor’s degree
Educational coursework required:
-Financial and Managerial Accounting
-Economics
-Computer skills for business (spreadsheets, documents, presentations, etc.)
Educational coursework preferred:
-Intro to Finance
-Commercial Banking or Money & Banking
-Statistics
-Business Information Technology
-Marketing
Community and/or extra-curricular involvement:
Proven initiative, work ethic, and leadership experience.
Strong consideration will be given to applicants who have participated in a university leadership or honors program.
Additional Application Requirements: (In addition to completed online application)
-Resume with cover letter
-Copy of unofficial transcript(s)
-Typed essay (up to 1 page) outlining the following:
- What strengths, attributes, and skills do you bring to the program?
- Describe some of your leadership activities and how they have benefitted others.
- What is it about Towne that intrigues you?
- If you have not met all the program prerequisites, why do you believe you would make a qualified candidate?
** Application deadline is October 16, 2026. Upload additional documents in the space where you upload your resume and cover letter. Applications will not be considered complete until all required documents are received. **
The good-faith compensation for this role is expected to be $60,000 for candidates with a Bachelor's degree and $70,000 for candidates with a Master's degree. Compensation for candidates with a Bachelor's or Master's degree and 5+ years of relevant professional experience ranges from $65,000 to $80,000. Final compensation will be determined based on the scope of the role, market conditions, internal equity, and the candidate's qualifications and experience.
Qualifications Behaviors Required Loyal: Shows firm and constant support to a cause Dedicated: Devoted to a task or purpose with loyalty or integrity Enthusiastic: Shows intense and eager enjoyment and interest Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well Education Required Bachelors or better. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Completed bachelor's degree or better
- Financial and managerial accounting coursework
- Economics coursework
- Computer skills for business, including spreadsheets, documents, and presentations
- Proven initiative, work ethic, and leadership experience through community or extracurricular involvement
- Resume with cover letter
- Copy of unofficial transcripts
- Typed essay addressing strengths, leadership activities, interest in Towne, and prerequisite gaps
- Introduction to finance coursework
- Commercial banking or money and banking coursework
- Statistics coursework
- Business information technology coursework
- Marketing coursework
- Participation in a university leadership or honors program
TowneBank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about TowneBank and has not been reviewed or approved by TowneBank.
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Leave & Time Off Breadth — PTO, all federal bank holidays, and an extra birthday day off are highlighted, with paid parental leave also offered. Time off can be used for vacation, illness, caregiving, bereavement, and birth/adoption for both full- and part-time staff.
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Wellbeing & Lifestyle Benefits — Wellness initiatives include on-site screenings, fitness-club reimbursement, virtual fitness and mindfulness classes, and various employee discounts. An Employee Assistance Program and wellness resources support everyday wellbeing.
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Retirement Support — A 401(k) with employer contributions through Principal and retirement planning tools are provided. A standard match with full vesting over five years is noted.
TowneBank Insights
What We Do
Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a mission of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences. Today, the bank operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. Towne has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. NOTICE TO CONSUMERS REGARDING MARYLAND LENDER LICENSEES: TowneBank is licensed to engage in business as a Maryland Mortgage Lender and assigned a unique NMLS identifier number: 512138. The NMLS Consumer Access Website is linked here: www.nmlsconsumeraccess.org Interested in joining the Towne Family? Available positions are listed at www.townebank.com/careers. TowneBank and its affiliate companies support a diverse workforce and are Equal Opportunity Employers who do not discriminate against individuals on the basis of race, color, religion, national origin, age, sex (including pregnancy and gender identity), genetics, sexual orientation, disability, veteran status or other classification protected by law.
