TowneBank Recognized by Greenwich Associates with Awards of Excellence


Suffolk, Va. - Over the past thirteen years, TowneBank has been consistently recognized with awards of excellence by Greenwich Associates, an independent financial consulting and research firm. For 2018, TowneBank was honored with a total of eight Greenwich Excellence Awards. In a new category this year, TowneBank has been recognized with Best Brand - Trust and Best Brand - Ease of Doing Business.

To tabulate rankings, Greenwich Associates surveyed over 14,400 small business banking clients with $1-10 million in annual sales. Participants rate the financial institutions on a range of factors based on a five-point scale. From the responses, a select number of banks that performed at levels higher than their peers are identified. The selected banks receive a higher percentage of excellent ratings at a 95% confidence level than the average of other eligible banks. Out of the more than 600 banks evaluated nationwide, just 33 were recognized as having distinctive quality. In the Best Brand category, only 22 banks received recognition.

The most recent survey recognizes TowneBank's performance in the following categories:

National Awards
Best Brand - Trust
Best Brand - Ease of Doing Business
Overall Satisfaction
Branch Satisfaction
Likelihood to Recommend

Southern Region Awards
Overall Satisfaction
Likelihood to Recommend
Cash Management - Overall Satisfaction

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