TowneBank has closed its merger with Dogwood State Bank, expanding its reach across the Carolinas, adding new markets from ...

Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North Carolina-based Dogwood ...

Following the merger, which was effective on January 12, 2026, Dogwood locations will operate as “Dogwood State Bank, a Division of TowneBank” until November 2026, when the core systems and operations ...

SUFFOLK, Va. and RALEIGH, N.C., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (TOWN) and Raleigh based Dogwood State Bank (DSBX) (“Dogwood”), today announced the signing of a ...