Welcome to Old Point Trust & Financial Services

Old Point Trust and Financial Services is a wholly owned subsidiary of Old Point Financial Corporation, which also owns Old Point National Bank. Trust powers were granted to Old Point National Bank in 1926. Old Point Trust was chartered on April 1, 1999 as a separate trust company. 

Old Point Trust and Financial Services is the largest trust company headquartered in Hampton Roads offering local, community based management of our clients’ assets.

Old Point Trust and Financial Services offers a full line of services including, but not limited to: investment research, asset management, performance analysis, estate and trust administration, estate and retirement strategy planning. We provide employee benefit services, including recordkeeping, plan administration and employee allocations. Old Point Trust and Financial Services is capable of coordinating legal, accounting, investment, insurance and other professional needs on a continuous and consistent basis. Our professional staff carries a number of advanced certifications.

The principal focus of Old Point Trust and Financial Services is to provide integrated investment, fiduciary and wealth management services with diligence, care and superior customer service.
 

Third Quarter Investment Commentary

Investment Commentary

All Clear?

The third quarter showed some very strong stock market performance, with the S&P 500 up approximately 15%. The recent market rally actually began in early March and since the Index reached a low point on March 9th, the S&P 500 has risen nearly 62% through mid October. So to what can we attribute this stellar performance? The headlines would tell you that it was “better than expected” third quarter corporate earnings that played the biggest part. The Index of Leading Economic Indicators would also suggest that things are turning upward. But before you interpret an “all clear” signal, beware: No longer getting worse does not always equate to getting better and the canary is still coughing. >Read More