Old Point Financial Corporation (OPOF)

14.55 +0.19 (+1.32%) At close: 04:00PM EDT

Old Point Financial Corporation

101 East Queen Street
Hampton, VA 23669
United States
757 728 1200
https://www.oldpoint.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 291

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert F. Shuford Jr.	Chairman, CEO & President	535.47k	N/A	1965
Mr. Joseph R. Witt	President of Financial Services, Chief Strategy Officer & Director	432.19k	N/A	1961
Mr. Thomas L. Hotchkiss	Chief Credit Officer & Executive VP of Old Point National Bank	276.4k	N/A	1955
Mr. Paul M. Pickett	CFO, Senior VP and Principal Financial & Accounting Officer	N/A	N/A	1969
Mr. Eugene M. Jordan II	General Counsel & Executive VP of Corporate Counsel	214.49k	N/A	1955
Laura Wright	VP & Marketing Director	N/A	N/A	N/A
Mr. Donald S. Buckless	Chief Lending Officer & Senior VP	N/A	N/A	1965
Mr. A. Eric Kauders Jr.	Secretary, Chairman, President & CEO of Old Point Wealth Management	N/A	N/A	1970

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. The company also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, second mortgages, and equity lines of credit; and other loans. In addition, it offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products, wealth management, and cash management services. Old Point Financial Corporation was founded in 1922 and is headquartered in Hampton, Virginia.

Corporate governance

Old Point Financial Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.