Deal facts
- Buyer
- TowneBank
- Target
- Old Point Financial Corporation
- Deal value
- Not disclosed
- Announced
- 2 April 2025
- Status
- Completed
- Sector
- Financial Services
- Country
- United States
- Consideration
- cash, shares
Sources
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1 update- CompletedClosed
TowneBank completes acquisition of Old Point Financial Corporation
Item 2.01 Completion of Acquisition or Disposition of Assets. On September 1, 2025, Old Point Financial Corporation, a Virginia corporation (“Old Point”) and The Old Point National Bank of Phoebus, a nationally chartered banking association and wholly owned subsidiary of Old Point (“Old Point National Bank”) completed their previously announced mergers with TowneBank, a Virginia banking corporatio
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Buyer history
TowneBank
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