Tag: banking

SUFFOLK, Va. and HAMPTON, Va., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Old Point Financial Corporation (NASDAQCM: OPOF) (“Old Point”), the parent company of The Old Point National Bank of Phoebus (“Old Point National Bank”), today announced that they had received regulatory approval from the Federal Deposit Insurance Corporation (the “FDIC”) and the Bureau of Financial Institutions of the Virginia State Corporation Commission to complete the proposed merger of Old Point and Old Point National Bank with TowneBank. All regulatory approvals required for the transaction have now been received. The merger is expected to close on or about September 1, 2025, subject to the satisfaction of customary closing conditions.

Glendale, CA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- RadCred has launched a comprehensive $255 payday loans online platform designed to provide same-day financial relief for Americans facing unexpected expenses. The new direct lending service addresses growing demand for instant payday loans with no credit check requirements, particularly among borrowers with bad credit histories who struggle to access traditional lending options.

Q2 2025 TransUnion Credit Industry Insights Report explores the latest credit trends

ROK Financial reports rising interest in flexible business lines of credit as small and mid-sized companies seek faster, more adaptable funding options in 2025.

EVANSVILLE, Ind., Aug. 13, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – Old National Bancorp (the “Company” or “Old National”) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share on the Company’s outstanding shares of common stock. This quarterly cash dividend will be payable on September 15, 2025, to shareholders of record as of the close of business on September 5, 2025.