TowneBank Reviews | Glassdoor

TowneBank Reviews

Updated March 23, 2017
19 reviews

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3.7
StarStarStarStarStar
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Approve of CEO
TowneBank Chairman and CEO G. Robert Aston Jr.
G. Robert Aston Jr.
8 Ratings

19 Employee Reviews

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  1. Helpful (1)

    "Great Place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Coordinator in Virginia Beach, VA
    Current Employee - Loan Coordinator in Virginia Beach, VA
    Recommends
    Positive Outlook

    I have been working at TowneBank full-time

    Pros

    Great place to work, room for growth, care about their employees

    Cons

    it is always cold lol that its

    Advice to Management

    continue what your doing


  2. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Norfolk, VA
    Former Employee - Teller in Norfolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place and people great vacation

    Cons

    Nothing really. It was kind of boring

  3. "Great Place"

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

    Pros

    Co-workers, management, end of year bonuses.

    Cons

    Did not receive a review or raise in the almost two years I worked there. Compensation is on the low end.


  4. Helpful (1)

    "Fast paced environment but fun!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Processor in Raleigh, NC
    Former Employee - Loan Processor in Raleigh, NC
    Recommends
    Positive Outlook
    No opinion of CEO

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

    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!


  5. "TowneBank great bank-Towne Prudential not so much."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - I Wish to Retain My Anonymity in Tidewater, VA
    Former Employee - I Wish to Retain My Anonymity in Tidewater, VA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    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,


  6. Helpful (1)

    "Great vacation, underpaid."

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

    Pros

    Great flexibility and environment. Buildings are beautiful.

    Cons

    Little too much of "drinking the kool-aid" for their brand. Promotion and opportunities take years.


  7. Helpful (2)

    "Good first job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage in Suffolk, VA
    Former Employee - Mortgage in Suffolk, VA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at TowneBank full-time (More than 3 years)

    Pros

    Great benefits and nice environment

    Cons

    Upper management is all political and make a lot more than all other employees

    Advice to Management

    Promotions should be based on merit and nepotism

  8. Helpful (1)

    "Work Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TowneBank full-time

    Pros

    The work environment is absolutely stunning...I feel like I am working at 5 star restaurants or 5 star hotels at every TowneBank office I have to do work in. Also the work in and of itself is not hard at all for the most part and the people are friendly

    Cons

    Benefits are really good but are somewhat expensive and communication isn't always the best between co-workers; you have to sometimes pull teeth to find out changes that are being made to the technology environment

    Advice to Management

    communicate a little bit more often with junior staff on changes being made to the environment other then that everything else is great!


  9. Helpful (2)

    "Mortgage Loan Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Officer in Richmond, VA
    Former Employee - Mortgage Loan Officer in Richmond, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TowneBank full-time

    Pros

    They are a first class company that had the highest quality of facilities. They do a lot to be involved in the community and they are growing at a very fast rate.

    Cons

    They have trouble keeping enough people on the backend to support their volume of production. It can be a difficult place to start. It is very much a "sink or swim" environment.

    Advice to Management

    Create training programs to bring in young talent. Of the dozen or so I've seen go through the only that have survived had preexisting relationships to carry them through.


  10. "Excellent Resume Booster"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern - Hourly in Suffolk, VA
    Former Employee - Intern - Hourly in Suffolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great experience in a real business setting with people who are willing to help you along the way. It varies from whose management you get placed under, but I always was offered guidance. They do a great job of actively creating a company culture and it will open up opportunities further down the road. Also as an intern you max out at 40 hours a week, which for me meant a lot of leaving early on Fridays.

    Cons

    Make sure to have a few suit jackets to switch between. It is professional dress even if you never see a client the entire time you work there.


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