TowneBank Reviews | Glassdoor

TowneBank Reviews

Updated December 16, 2016
3 reviews

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2.0
Star Star Star Star Star
Recommend to a friend
Approve of CEO
TowneBank Chairman and CEO G. Robert Aston Jr.
G. Robert Aston Jr.
0 Ratings

3 Employee Reviews

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  1. Helpful (4)

    "Use TowneBank as a stepping stone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations in Suffolk, VA
    Former Employee - Operations in Suffolk, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at TowneBank full-time

    Pros

    The TowneBank café in Suffolk has really good Chicken Salad sandwiches. Beautiful work environment. Good place to gain corporate work experience while you look for another job.

    Cons

    Poor salary, benefits were not that great. Little to no 401k match. Very incestuous....must be the child of a VP or better in order to advance or you will forever be paid a measly $30-40k/yr. Management team is void of any leadership. There's no money to be made in commercial banking unless you're at the top. I trade futures now.

    Advice to Management

    Start paying to keep talent. I took a job with another company and my salary literally doubled overnight. New company matches my 401k contributions 50% all the way up.


  2. Helpful (1)

    "Good job, but unhappy at work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Officer in Norfolk, VA
    Former Employee - Administrative Officer in Norfolk, VA
    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.


  3. Helpful (1)

    "Poor Salary, good PTO"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great vacation and sick paid time off.

    Cons

    Terrible salary scale for non management employees.


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