The Bank of Currituck
Status: | Inactive as of 12/03/2010 |
Merger - Without Assistance | |
Successor Bank: | TowneBank |
Headquarters: | The Bank of Currituck 250 Caratoke Highway Moyock, NC 27958 |
Established: | 01/01/1920 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #2039 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $172,590,000 |
Total Deposits: | $159,484,000 |
History
1920-01-01 | Institution established: Original name:The Bank of Currituck | |
2002-07-26 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2002-07-26 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2010-12-03 | Merged into and subsequently operated as part of Towne Bank (35095) in PORTSMOUTH, VA | |
2015-01-02 | Acquired Franklin Federal Savings Bank (28798) in GLEN ALLEN, VA | |
2016-06-25 | Acquired Monarch Bank (34945) in CHESAPEAKE, VA | |
2018-01-26 | Acquired Paragon Commercial Bank (35100) in RALEIGH, NC | |
2022-11-15 | Changed name to TowneBank. | |
2023-01-13 | Acquired Farmers BankTowneBank (2429) in WINDSOR, VA. | |
2025-04-01 | Acquired Village BankTowneBank (35111) in Midlothian, VA. | |
2025-04-01 | Reorganized. |