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

1920-01-01Institution established: Original name:The Bank of Currituck
2002-07-26Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2002-07-26Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2010-12-03Merged into and subsequently operated as part of Towne Bank (35095) in PORTSMOUTH, VA
2015-01-02Acquired Franklin Federal Savings Bank (28798) in GLEN ALLEN, VA
2016-06-25Acquired Monarch Bank (34945) in CHESAPEAKE, VA
2018-01-26Acquired Paragon Commercial Bank (35100) in RALEIGH, NC
2022-11-15Changed name to TowneBank.
2023-01-13Acquired Farmers BankTowneBank (2429) in WINDSOR, VA.
2025-04-01Acquired Village BankTowneBank (35111) in Midlothian, VA.
2025-04-01Reorganized.

Financial Information (2010-09-30 and Older)