Old Point Financial shareholders approve TowneBank merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 02 2025
0mins
Should l Buy ?
Merger Announcement: Old Point Financial's shareholders have approved the merger with Old Point National Bank into TowneBank.
Completion Timeline: The merger is expected to finalize in the second half of 2025, pending regulatory approvals and customary closing conditions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
