TowneBank will acquire Old Point Financial, it said Thursday. The bank completed a merger with Village Bank and Trust Financial Corp. this week.

Old Point shareholders can opt for either $41.00 in cash or 1.1400 shares of TowneBank common stock for each share held.

The Suffolk, Virginia-based bank has agreed to pay more than $200 million for Old Point Financial in Hampton. It announced ...

TowneBank and Old Point Financial Corp. announced an agreement Thursday to merge in a deal valued at $203 million.

The project is expected to deliver service to unserved homes and businesses in Rockingham County, with the undertaking as ...

Suffolk-based TowneBank plans to acquire Old Point Financial Corporation, the parent company of The Old Point National Bank of Phoebus in a transaction valued at $203 million.

Hampton Roads based TowneBank (NASDAQ: TOWN) and Old Point Financial Corporation (NASDAQCM: OPOF) (“Old Point”), the parent company of The Old Point National Bank of Phoebus (“OPNB”), today announced ...

The Purdue basketball team was a popular first-round NCAA Tournament upset pick but handled 13th-seeded High Point, 75-63, on Thursday afternoon ... Wade was 91-45 in two seasons each at Chattanooga ...

RICHMOND, Va. (WRIC) — A severe thunderstorm warning was issued for several Central Virginia areas Thursday afternoon. At around 5:30 p.m. on Thursday, March 20, the National Weather Service ...

Unemployment claims spiked sharply during the first week of March, leading to fears that Virginia's economy might be in trouble. "The numbers are not pleasant, but it's one data point and we know ...

The Free Clinic of Central Virginia is on the road to recovery after a devastating fire, and the community is stepping up to help. From fundraising events to a tentative timeline, we have an ...

The Campbell County Sheriff's Office said it all started Monday evening, when their deputies responded to Cross Point Church, where a man identified as Matthew Brady was reported trying to break ...