Lead Associate

TowneBank has a culture that:

• Has a commitment to exquisite service for our members that will lead to our ability to create a reasonable rate of return for our shareholders, a bright future for our dedicated bankers, and a leadership role for our bank in promoting the social, cultural, and economic well-being of our community.
• Embraces our hometown banking philosophy, where our family members, directors, and employees are active volunteers, serving on numerous boards and donating their time and talents to local organizations.

LEAD (Leadership Exploration and Development) is a leadership and management development program. Scheduled to begin in July 2027, this program offers onsite training at the bank's headquarters in Suffolk, VA. The first half of the program is spent in specific job rotations throughout our headquarters in Hampton Roads. The second half of the program is spent in specific on-the-job training in a selected Career Track (see below) within one of Towne's regions.

The LEAD Program is designed to develop the skills and knowledge to be a successful leader in a top-performing financial institution.

Learning opportunities include presentation skills, advanced communication, business etiquette, ethics, financial management, and more.

Participate in classroom and online learning, job rotations, special projects, group activities, and community volunteerism.

Build professional networks, receive mentoring from previous program graduates and executives, participate in employee resource groups, and engage with local community organizations.

The LEAD program includes a strong focus on our mission of serving others and enriching lives, from both the professional and philanthropic perspective.

Career Tracks Available

• Retail and Private Banking
• Commercial Banking
• Towne Financial Services Group- Mortgage
• Towne Financial Services Group- Insurance
• Specialized tracks for Enterprise Support Services such as: Audit, Accounting, Technology, and Risk Management

LEAD Program Prerequisite:

• Completed bachelor's degree

Educational coursework required:

• Financial and Managerial Accounting
• Economics
• Computer skills for business (spreadsheets, documents, presentations, etc.)

Educational coursework preferred:

• Intro to Finance
• Commercial Banking or Money & Banking
• Statistics
• Business Information Technology
• Marketing

Community and/or extra-curricular involvement:

Proven initiative, work ethic, and leadership experience.

Strong consideration will be given to applicants who have participated in a university leadership or honors program.

Additional Application Requirements: (In addition to completed online application)

• Resume with cover letter
• Copy of unofficial transcript(s)
• Typed essay (up to 1 page) outlining the following:
• What strengths, attributes, and skills do you bring to the program?
• Describe some of your leadership activities and how they have benefitted others.
• What is it about Towne that intrigues you?
• If you have not met all the program prerequisites, why do you believe you would make a qualified candidate?

Application deadline is October 16, 2026. Upload additional documents in the space where you upload your resume and cover letter. Applications will not be considered complete until all required documents are received.

The good-faith compensation for this role is expected to be $60,000 for candidates with a Bachelor's degree and $70,000 for candidates with a Master's degree. Compensation for candidates with a Bachelor's or Master's degree and 5+ years of relevant professional experience ranges from $65,000 to $80,000. Final compensation will be determined based on the scope of the role, market conditions, internal equity, and the candidate's qualifications and experience.