Home › TowneBank and Franklin Financial Corporation Receive Regulatory Approvals for Merger
 

Keywords :   


TowneBank and Franklin Financial Corporation Receive Regulatory Approvals for Merger

2014-12-13 00:15:03| Paper - Topix.net

Hampton Roads-based TowneBank and Richmond-based Franklin Financial Corporation today announced that the Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with the Company's acquisition of Franklin and its wholly-owned subsidiary Franklin Federal Savings Bank. The stockholders of TowneBank and Franklin have approved the transaction at separate stockholder meetings and the acquisition is expected to be completed in early January 2015.

Tags: receive financial corporation regulatory

Category:Materials

Latest from this category

All news
»
02.07Hurricane Beryl Graphics
02.07Hurricane Beryl Forecast Discussion Number 15
02.07Hurricane Beryl Wind Speed Probabilities Number 15
02.07Hurricane Beryl Forecast Advisory Number 15
02.07Hurricane Beryl Public Advisory Number 15
02.07Summary for Hurricane Beryl (AT2/AL022024)
02.07Levelling up: Can the next government help the UK games industry?
02.07Cheap TVs ahead of Euros help slow price inflation
More »