TowneBank
Mr. Morrison has served as the Chairman and Chief Executive Officer of the TowneBank Mortgage and Realty Group since June 2016, when Monarch was merged into TowneBank. Previously, he served as Chief Executive Officer of Monarch Mortgage from 2011 until June 2016 and Executive Vice President and Chief Operating Officer of Monarch Mortgage from 2007 until 2011. Mr. Morrison has approximately 30 years of banking experience and has previously served as chief operating officer and chief credit officer at local community banks.
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TowneBank
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As one of the top community banks in Virginia and North Carolina, TowneBank operates banking offices serving Richmond, Glen Allen, Mechanicsville, Chesterfield, Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach, Williamsburg, James City County and York County in Virginia along with Raleigh, Cary, Charlotte, Greensboro, Moyock, Grandy, Camden, Southern Shores, Corolla, Kill Devil Hills and Greenville in North Carolina. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, BHHS Towne Realty, Towne 1031 Exchange, and Towne Vacations.