Does TowneBank pay their employees well?

According to anonymously submitted Glassdoor reviews, TowneBank employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at TowneBank. This rating has improved by 7% over the last 12 months.

How satisfied are employees working at TowneBank?

55% of TowneBank employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated TowneBank 3.6 out of 5 for work life balance, 3.5 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at TowneBank?

Member Service Representative (16) , Analyst (9) , Bank Teller (8) , Mortgage Loan Officer (8) , Teller (6) , Intern (5) , Loan Processor (5) , Mortgage Loan Processor (5) , Relationship Specialist (3) , Branch Manager (2) , Business Analyst (2) , Customer Service Representative (2) , Intern - Hourly (2) , Internal Auditor I (2) , Lead Associate (2)

What are the pros of working at TowneBank according to real employee reviews?

"Great culture and place to work" ((in 13 reviews)); "Good benefits IF you live close enough to campus." ((in 11 reviews)); "Employees are friendly and there is room for growth." ((in 10 reviews)); "Great work environment." ((in 8 reviews)); "Friendly coworkers, tons of benefits, service" ((in 7 reviews))

What are the cons of working at TowneBank according to real employee reviews?

"Low pay compared to other companies" ((in 16 reviews)); "Poor management" ((in 11 reviews)); "Not many advancement opportunities after a certain salary." ((in 5 reviews)); "CEO, terrible health plan, management, favoritism, lack of care for employees, HR, below average pay" ((in 5 reviews)); "Senior management is very out of touch with employees." ((in 4 reviews))

What are employees saying about TowneBank redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about TowneBank redundancy and their outlook for job security at TowneBank in 2026.

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TowneBank

TowneBank Reviews

3.6

55% would recommend to a friend

(212 total reviews)

J. Morgan Davis and Billy Foster

59% approve of CEO

54% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (212 reviews)

Ratings by demographic groups

Ethnic group

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

TowneBank has an employee rating of 3.6 out of 5 stars, based on 212 company reviews on Glassdoor which indicates that most employees have a good working experience there. The TowneBank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

212 reviews

2.0

4 Sept 2018

Wasted potential

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Lots of great staff at lower level

Cons

Poor management Several senior people shouldn’t be in post

4.0

13 Jan 2020

Work environment

Agronomist

Recommend

CEO approval

Business outlook

Pros

Fun, professional and investors in people

Cons

needs to improve on reviewing benefits package

4.0

8 Jun 2019

Working at Paragon Motor Finance

Sales executive

Recommend

CEO approval

Business outlook

Pros

Great staff, good progression opportunities and a very friendly work environment

Cons

Communication from management down is very poor and frustrating

Viewing 1 - 3 of 212 Reviews

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Jobs at TowneBank

Part Time/Job Share Receptionist

Member Service Representative

ON CALL Receptionist - Midlothian, VA