Tag: institutions

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.

ROAD TOWN, British Virgin Islands, Aug. 14, 2025 (GLOBE NEWSWIRE) -- LYNO AI today announced that its Early Bird presale phase has achieved strong momentum, with over 265,000 tokens sold in a short span of time. Currently priced at $0.050 per token, this stage has attracted significant attention from the cryptocurrency community due to LYNO AI’s innovative offerings and favorable entry point.

New federal investment of $11.3 million to train 5,400 learners for low-carbon careers across Canada

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.