Old Point Financial Corporation and the Old Point National Bank of Phoebus Announce Board Changes
April 01, 2021 at 06:01 pm
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Old Point announced that Elizabeth S. Wash has been appointed to the Board of Directors for Old Point Financial Corporation and Old Point National Bank (the Bank). Ms. Wash currently serves and will continue to serve as a board member for Old Point Trust. Elizabeth S. Wash is the retired President of the Eastern Virginia Shred-it franchise, the first on-site document shredding company in the region, where she led its development and growth for 17 years from inception to negotiation of its successful sale in 2014. Her leadership included establishing offices in both Hampton and Richmond and negotiating contracts with major healthcare systems, financial institutions and local governments. She also represented Shred-it franchisees for two terms on the Shred-it Advisory Board. Prior to that, Ms. Wash spent more than 13 years working for Bell Atlantic, ending her career there as the Director of Small Business and Consumer Finance. Ms. Wash has served on Old Point's regional board for the last 14 years and the Old Point Trust Board of Directors for the last 5 years. She also currently serves on the board for the Hampton Roads American Heart Association and the Bernadine Franciscan Sisters Foundation. Additionally, after almost 20 years of dedicated service, James Reade Chisman recently announced that he would not stand for re-election to the Company's Boards of Directors at their annual meeting on May 25, 2021. Mr. Chisman serves on the board of directors for Old Point Financial Corporation as well as its wholly owned subsidiaries, Old Point National Bank and Old Point Trust. He serves on the Company's Strategic Planning Committee, Compensation and Benefits Committee, and Capital Management Committee.
Old Point Financial Corporation is a holding company of the Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (the Wealth). The Bank serves individual and commercial customers in the Hampton Roads region of Virginia. It has over 14 branch offices, serving the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County. The Bank offers a full range of deposit and loan products to its retail and commercial customers, including mortgage loan products offered through Old Point Mortgage. It offers insurance products through Old Point Insurance, LLC in partnership with Morgan Marrow Company. The Wealth offers a full range of services for individuals and businesses, including retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services and investment management services.