TowneBank News

Towne Insurance Acquires Lockhart Agency in Charlotte

Towne Insurance Agency, with offices across Virginia and the Carolinas, has acquired Lockhart Insurance, expanding its footprint in the Charlotte area. Lockhart was founded in 1972 by Gregg Lockhart and has been a fixture in the Charlotte community for decades, …

Virginia’s TowneBank Expands Insurance Unit With 3 Agency Acquisitions

TowneBank, a Portsmouth, Virginia-based community banking and financial services company, announced that it has acquired three insurance agencies in Virginia: Invincia Insurance Solutions in Chesterfield; Total Insurance Planning in Midlothian; and B.H. Baird Insurance in Warsaw. Terms of the transactions …

Towne Insurance Acquires North Carolina’s Southern Insurance Agency

Towne Insurance, a subsidiary of Virginia based TowneBank, has acquired Southern Insurance Agency Inc. in Kitty Hawk, North Carolina. The deal continues Towne’s expansion in North Carolina. Southern Insurance will continue operating under its present name and leadership, serving Kitty …

TowneBank Acquires North Carolina’s Stanton Taylor Agency

Hampton Roads, Virginia-based TowneBank has acquired the Stanton Taylor Agency, a Raleigh, North Carolina agency that provides insurance and risk management services throughout Raleigh and eastern North Carolina. The agency will be affiliated with Towne Insurance Agency, a wholly-owned subsidiary …