William Morrison
Director/Board Member at TOWNEBANK
Net worth: 4 M $ as of 29/04/2024
Profile
William T.
Morrison is currently the President & Chief Executive Officer at Towne Financial Services Group LLC, Chairman at Townebank Mortgage, Director at TowneBank, Director at An Achievable Dream, Inc., and Director at Norfolk Innovation Corridor.
Previously, he held positions as Director & CEO-Monarch Mortgage at Monarch Bank (Virginia), Chief Executive Officer at Monarch Mortgage, and Director & Executive Vice President at Monarch Financial Holdings, Inc. He obtained his undergraduate degree from Old Dominion University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
TOWNEBANK
0.20% | 28/03/2023 | 146,946 ( 0.20% ) | 4 M $ | 29/04/2024 |
William Morrison active positions
| Companies | Position | Start |
|---|---|---|
| TOWNEBANK | Director/Board Member | 26/06/2016 |
Townebank Mortgage
 Townebank Mortgage Finance/Rental/LeasingFinance Part of TowneBank, Townebank Mortgage operates as mortgage loan brokers. The company is based in Glen Allen, VA. James M Miller has been the CEO of the company since 2022. | Chairman | 23/06/2016 |
| An Achievable Dream, Inc. | Director/Board Member | 27/12/2020 |
Towne Financial Services Group LLC
 Towne Financial Services Group LLC Real Estate DevelopmentFinance Part of TowneBank, Towne Financial Services Group LLC provides vacation property management services. The company is based in Virginia Beach, VA. William T. Morrison has been the CEO of the company since 2022. | Chief Executive Officer | 12/10/2022 |
Former positions of William Morrison
| Companies | Position | End |
|---|---|---|
Monarch Bank (Virginia)
 Monarch Bank (Virginia) Regional BanksFinance Monarch Bank (Virginia) provides banking solutions for personal banking and business banking featuring investments, home funding, loans & cash management. It provides checking & saving accounts, individual retirement accounts, certificate of deposits, personal loans, home equity loans, lines of credit, telephone banking, commercial courier service, credit & debit cards, merchant bankcard services, safe deposit boxes, automated teller machines, term loans, internet banking and cash management services. The company was founded in 1999 and is headquartered in Chesapeake, VA. | Director/Board Member | 31/05/2016 |
| MONARCH FINANCIAL HOLDINGS, INC. | Director/Board Member | 31/05/2016 |
| Monarch Mortgage | Chief Executive Officer | 31/05/2016 |
Training of William Morrison
| Old Dominion University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| TOWNEBANK | Finance |
| Private companies | 6 |
|---|---|
Monarch Bank (Virginia)
Monarch Bank (Virginia) Regional BanksFinance Monarch Bank (Virginia) provides banking solutions for personal banking and business banking featuring investments, home funding, loans & cash management. It provides checking & saving accounts, individual retirement accounts, certificate of deposits, personal loans, home equity loans, lines of credit, telephone banking, commercial courier service, credit & debit cards, merchant bankcard services, safe deposit boxes, automated teller machines, term loans, internet banking and cash management services. The company was founded in 1999 and is headquartered in Chesapeake, VA. | Finance |
Monarch Financial Holdings, Inc.
 Monarch Financial Holdings, Inc. Regional BanksFinance Monarch Financial Holdings, Inc. operates as bank holding company, through its subsidiary Monarch Bank, which is engaged in commercial and retail banking, investment and insurance sales and mortgage origination and brokerage. It operates through two segments: Community Banking and Retail Mortgage Banking Services. The Community Banking segment involves making loans and generating deposits from individuals and businesses. The Retail Mortgage Banking Services segment consists of originating residential loans and selling them to investors. Monarch Financial Holdings was founded by William F. Rountree on June 1, 2006 and is headquartered in Chesapeake, VA. | Finance |
Towne Financial Services Group LLC
Towne Financial Services Group LLC Real Estate DevelopmentFinance Part of TowneBank, Towne Financial Services Group LLC provides vacation property management services. The company is based in Virginia Beach, VA. William T. Morrison has been the CEO of the company since 2022. | Finance |
Townebank Mortgage
Townebank Mortgage Finance/Rental/LeasingFinance Part of TowneBank, Townebank Mortgage operates as mortgage loan brokers. The company is based in Glen Allen, VA. James M Miller has been the CEO of the company since 2022. | Finance |
| Monarch Mortgage | |
| An Achievable Dream, Inc. |
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