HAMPTON,
Va., March 30, 2023 /PRNewswire/ -- Old Point
National Bank (Old Point or the Bank) is proud to celebrate its
centennial anniversary this year. It all started in the
Phoebus neighborhood of
Hampton, Virginia by locals who
cared about their community and wanted to help area citizens and
businesses. The first branch opened in 1923 and now Old Point
National Bank operates 14 bank branches, 3 commercial lending
offices, and 3 mortgage offices throughout the Hampton Roads and Richmond, Virginia areas with assets of
$1.4 billion. The Bank has also grown
into a larger family of financial services to include Old Point
Wealth Management, Old Point Investment Services, Old Point
Mortgage, and Old Point Insurance.
Like the Old Point Comfort lighthouse it was named for, Old
Point National Bank's solid foundation has enabled them to be a
steady and trusted partner through all kinds of economic
conditions. Old Point has weathered 17 U.S. economic recessions, 6
major wars, and countless hurricanes over this last century and
continues to thrive. Even though Old Point has grown substantially
since its humble beginnings, it is still operated under local
management, with the same trusted name, and the same genuine
concern about its customers.
Old Point has been recognized many times, both locally and
nationally, over the years for its commitment to its community and
its employees. Some of these honors include "Best Bank to Work For"
by American Banker, "Best Place to Work in Virginia" by Virginia Business Magazine, "Best
in Business" and "Best Place to Work" by Cova BIZ Magazine, "Top
Workplace in Hampton Roads" by
Inside Business, and "Corporate Volunteer Excellence" by Volunteer
Hampton Roads.
Recently, representatives from the Office of the Comptroller of
the Currency (OCC) visited Old Point National Bank to celebrate
this historic milestone with the Company's Board of Directors and
executives.
The Bank plans to continue celebrating its anniversary all year
long with its employees, customers, board members, and
shareholders. These festivities will include their Annual
Stockholders' Meeting and 100th Anniversary Celebration
on May 23, 2023.
Chairman, President, and CEO, Robert
Shuford, Jr. added, "Old Point is proud to have supported
thousands of small businesses and individuals over the last 100
years and we look forward to continuing to build strong
relationships and support our community. The Bank has had many
accomplishments over the years, but recent ones have included
growing our team in Richmond,
opening our new Southside Corporate office, and hitting record
levels of top-line revenue, net income, and loan growth for
2022."
About Old Point National Bank
Old Point National Bank
is a wholly-owned subsidiary of Old Point Financial Corporation
(Nasdaq: OPOF) which serves the Hampton
Roads and Richmond regions
of Virginia as well as operates a
mortgage loan production office in Charlotte, North Carolina. It is a locally
owned and managed full-service community bank offering a wide range
of financial services, from solutions focused on individuals and
small businesses to comprehensive commercial services. For more
information visit OldPoint.com.
For more information, contact Laura
Wright, Vice President/Marketing Director, at
lwright@oldpoint.com or (757) 728-1743.
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SOURCE Old Point National Bank