TowneBank hires president for new corporate banking group

Suffolk-based TowneBank has tapped former SunTrust Bank executive Charity Volman to head up its newly created Corporate Banking Group in Norfolk. Volman most recently served as president of SunTrust’s South Hampton Roads market and has more than 29 years of experience in the banking industry.

Volman brings three members of her SunTrust team to TowneBank’s new department: executive vice president Karen Priest and senior vice presidents Laura Morgan and Brian Woodell.

“I am extremely excited to join the TowneBank family,” Volman said in a press release. “For years, I have witnessed and admired Towne’s commitment to Hampton Roads. I am looking forward to being a part of such a community-focused organization. My team and I can’t wait to hit the ground running.” Volman serves on the Eastern Virginia Medical School Board of Trustees and the boards of Edmarc Hospice for Children and the D’Art Center.

“We are so excited to have Charity and her team join the Towne family,” said Bill Foster, TowneBank’s president of commercial and real estate banking. “There has been no tougher competitor in our market than Charity, and it will be great to have her on our team.”

Headquartered in Suffolk, TowneBank operates 41 branches in Eastern and Central Virginia and across North Carolina and reported total assets of $11.57 billion as of March 31.