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Alison Terwilliger Joins Bank of Hampton Roads as Raleigh Commercial Relationship Manager

VIRGINIA BEACH, Va., May 19, 2015 (GLOBE NEWSWIRE) -- Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The Bank of Hampton Roads ("BHR") and Shore Bank ("Shore"), today announced that Alison Terwilliger has joined BHR as a Vice-President and Raleigh Market Commercial Relationship Manager. BHR does business in Raleigh under the "Gateway Bank" brand and the Company's mortgage subsidiary, Gateway Bank Mortgage, is also headquartered at the Company's Lake Boone location.

Terwilliger will report to F. Scot McAlexander, Raleigh Market President, and joins Financial Center Manager Katie Sessoms and Assistant Financial Center Manager and Small Business Representative Jose Fuentes in the Lake Boone Financial Center. In this position, Terwilliger shares responsibility for all aspects of commercial banking business growth and development in the Raleigh market.

Douglas J. Glenn, President and CEO of Hampton Roads Bankshares, said, "Alison is a great addition to our retail and mortgage banking teams in Raleigh and her experience will further renew our commitment to this market. She brings nearly 18 years of banking experience and over a decade of civic and community engagement in North Carolina. This gives her a strong understanding of the needs of our customers, makes her a great fit with our culture, and represents another step in the execution of our One Bank strategy."

Terwilliger most recently worked at Fidelity Bank in Apex, NC since 2013, serving as a Business Development Officer. Previously, she was a Business Services Officer and Relationship Manager with BB&T in Apex and Holly Springs, NC and spent eleven years at Suntrust where she held a variety of positions, including Commercial Relationship Manager, Business Banking Relationship Manager and Branch Manager. Ms. Terwilliger began her banking career at First Citizens Bank in Cary, NC.

Terwilliger received a Bachelor of Science degree in Criminal Justice with a minor in Sociology and Psychology from SUNY in Buffalo, New York. She is actively involved in a number of local community organizations, including serving as a member of the Rotary of Apex, NC and has been active in the Junior League of Raleigh the White Plains Children's Center Board, Leadership Cary the Cary Chamber of Commerce, the Raleigh Chamber of Commerce and the Cub Scouts.

About Hampton Roads Bankshares

Hampton Roads Bankshares, Inc. is a bank holding company that was formed in 2001 and is headquartered in Virginia Beach, Virginia. The Company's primary subsidiaries are The Bank of Hampton Roads, which opened for business in 1987, and Shore Bank, which opened in 1961 (the "Banks"). The Banks engage in general community and commercial banking business, targeting the needs of individuals and small to medium-sized businesses. Currently, The Bank of Hampton Roads operates banking offices in Virginia and North Carolina doing business as The Bank of Hampton Roads and Gateway Bank & Trust Co. Shore Bank serves the Eastern Shore of Virginia, eastern Maryland, and southern Delaware through eight banking offices, ATMs, and loan production offices in West Ocean City, Maryland, Rehoboth Beach, Delaware and Baltimore, Maryland. Through various affiliates, the Banks also offer mortgage banking services. Shares of the Company's common stock are traded on the NASDAQ Global Select Market under the symbol "HMPR." Additional information about the Company and its subsidiaries can be found at www.hamptonroadsbanksharesinc.com.

CONTACT: Douglas J. Glenn President and Chief Executive Officer (757) 217-1000

Source:Hampton Roads Bankshares, Inc.