TowneBank Reviews

Updated 23 March 2015
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3.3
7 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
TowneBank Chairman and CEO G. Robert Aston Jr.
G. Robert Aston Jr.
3 Ratings

Employee Reviews

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  1. TowneBank great bank-Towne Prudential not so much.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - I Wish to Retain My Anonymity in Tidewater, VA (US)
    Former Employee - I Wish to Retain My Anonymity in Tidewater, VA (US)

    I worked at TowneBank part-time (Less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Connected with a good bank, impressive organization with beautiful buildings. Customer service oriented. No problems with TowneBank itself.

    Cons

    Prudential Real Estate is a subsidiary of TowneBank-Prudential Towne and I worked on that side of
    ToweBank which was like night and day. Different hierarchy and organization. I considered the office I worked in to be completely mismanaged and unprofessional.

    Advice to Management

    Apply TowneBank's high standards to all the various subsidiaries--I cancelled my account with TowneBank after my experience with Prudential Towne,

  2. Retail Lending Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Management
    Former Employee - Management

    I worked at TowneBank

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Friendly employees
    Clean Facilities
    Variety of Products and Services

    Cons

    Fees to high and Leadership lacking

    Advice to Management

    I have no advice for management

  3. Poor Salary, good PTO

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at TowneBank full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great vacation and sick paid time off.

    Cons

    Terrible salary scale for non management employees.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Towne excels at taking care of community, members and executives; less care is demonstrated to rank and file employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at TowneBank full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Company brand is widely recognized as an elite industry leader which provides clout and respectability. Benefits such as paid vacation, medical and 401-k are generous, though the "family" atmosphere has diminished as the company has grown.

    Cons

    Limited opportunity for advancement; limited access to senior management . The Company's rapid growth and appetite for buying related companies over a short time period has resulted in stagnant pay for employees in the low and middle positions. Senior Management salaries continue to increase.

    Advice to Management

    Middle and upper management needs to reconnect with employees on the front line. Excessive emphasis on growth and the shift to a highly competitive sales environment have diminished the level of service Towne's reputation was founded upon.

  6. Fast paced environment but fun!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Processor in Raleigh, NC (US)
    Former Employee - Loan Processor in Raleigh, NC (US)

    I worked at TowneBank full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great company to work for and awesome benefits. Everyone was great to work with and management really knows how to treat their employees right! Learned a lot of valuable things while working for TowneBank that will help me succeed even further in life.

    Cons

    An ever changing environment, but hey, that's the mortgage industry!

  7. A great experience with a company that loves to treat its' employees well!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Internship Program in Newport News, VA (US)
    Former Intern - Internship Program in Newport News, VA (US)

    I worked at TowneBank as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -The company takes great pride in making their employees happy.
    -Customer service goes above and beyond any other company of its' kind, therefore it is a joy to work there.
    -The company operates like a family, also calling their customers "members".

    Cons

    -I wish there were more openings with the company!

  8. Good job, but unhappy at work.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Officer in Norfolk, VA (US)
    Former Employee - Administrative Officer in Norfolk, VA (US)

    I worked at TowneBank

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Great community recognition and everyone loves to love TowneBank. Good benefits.

    Cons

    Lack to teamwork and lots of small circles that are hard to enter.

    Advice to Management

    empower the staff to evaluate and ask questions about processes.

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