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William I. Foster III

Also known as Billy Foster, William I. Foster, III

William I. Foster III, known as Billy Foster, is TowneBank’s president and chief executive.

The role is identified in TowneBank’s anniversary history and July 2026 results.

Profile sources:TowneBank 25th-anniversary history, summer 2024; recalls 1998 organizing and April 1999 opening TowneBank second-quarter 2026 results, July 22, 2026; page also retains first-quarter results

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Financial company profileResearch updated Oct 5, 2026

TowneBank: from a Portsmouth garage to a regional bank and financial-services group →

TowneBank was organized by community bankers in 1998 and opened the following year. It grew through local relationships, affiliated services and acquisitions, reaching farther into the Carolinas with Dogwood while selling its vacation-property-management business in 2026.

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