TowneBank Announces Completion of Old Point Financial Corporation Merger
1. TowneBank completed its merger with Old Point Financial Corporation. 2. Old Point enhances TowneBank’s position in Hampton Roads MSA. 3. Old Point National Bank will rebrand as a division of TowneBank. 4. Robert F. Shuford, Jr. joins TowneBank's executive leadership post-merger. 5. TowneBank's total assets reached $18.26 billion as of June 2025.