NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned senior unsecured debt and deposit ratings of A-, a subordinated debt rating of BBB+, and short-term debt and deposit ratings of K2 for TowneBank (NASDAQ: TOWN), headquartered in Portsmouth, Virginia. The Outlook on all long-term ratings is Stable. The ratings are supported by TowneBank’s consistent earnings history and highly diversified revenue streams. Additionally, Towne’s solid asset quality, experienced executive team,
