Old Point Financial Corporation.
OPOF.US | Other monetary intermediation
Old Point Financial Corporation operates as the holding company for The Old Point National Bank of Phoebus, a community bank offering a range of banking and financial services. These services include deposit accounts (checking, savings, money market), loans (commercial, residential mortgage, consume...Show More
Better Health for All
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No evidence available to assess Old Point Financial Corporation on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Old Point Financial Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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The company's worker engagement score is 67/100 based on Indeed's work wellbeing survey.
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Employee reviews from January 2020 to March 2025 indicate an overall rating of 3.5 out of 5 stars on Indeed and 3.4 out of 5 stars on Glassdoor.
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Reviews consistently cite 'low pay' as a significant concern, with raises reported as a 5-cent annual increase.
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The pay rate for a Bank Teller is cited as $15/hour, which is described as low compared to the industry.
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The CEO approval rating is 34%.
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The company has been recognized as a Top Workplace by Virginia Media's Inside Business for 8 years, including in 2021.
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Fair Trade & Ethical Sourcing
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Old Point Financial Corporation is a financial services company, primarily a bank.
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Therefore, the metrics related to fair trade and ethical sourcing, which are designed for companies with supply chains for physical goods, are not applicable to its core business operations. The provided articles explicitly state that no data on fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for sourcing violations, ethical clauses in supplier contracts, materials risk, or supplier diversity spend is available or relevant for the company.
2
Honest & Fair Business
-30
Old Point Financial Corporation has a formal whistleblower policy that outlines procedures for reporting concerns related to accounting, auditing, laws, regulations, codes of conduct, and ethics.
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The policy prohibits retaliation and allows for anonymous reporting via online, hotline, and written methods.
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However, there is no evidence provided regarding independent investigation processes for these reports. For reported concerns, the reporting individual is guaranteed to receive a follow-up status within two weeks (14 days).
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Kind to Animals
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No evidence available to assess Old Point Financial Corporation on Kind to Animals.
No War, No Weapons
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No specific, concrete data points were found in the provided articles to assess Old Point Financial Corporation against any of the 'No War, No Weapons' KPIs. The articles primarily focus on financial performance metrics, asset quality, and liquidity, without mentioning any involvement in arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding initiatives, conflict divestment policies, or related ethical considerations.
1
Planet-Friendly Business
-10
In 2023, the company sourced 35.7% of its operational energy from renewables, with its corporate headquarters using 42% renewable energy and branch offices using 31%.
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The company reported zero compliance penalties in 2023 and no environmental compliance issues in 2024.
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As a financial services provider, the company's operations do not involve material sourcing, packaging, or products requiring lifecycle environmental assessments, nor are they connected to forest risk commodities.
Respect for Cultures & Communities
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No evidence available to assess Old Point Financial Corporation on Respect for Cultures & Communities.
Safe & Smart Tech
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Old Point National Bank experienced a data breach around September 2, 2022, affecting 16,496 customers.
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The compromised data included names, driver's license numbers, social security numbers, account numbers, and balance data.
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The breach was discovered on September 3, 2022, but customers were not notified until November 8 or 9, 2022.
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The company offered one year of identity theft monitoring and restoration services.
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The bank reported the breach to the Montana Attorney General.
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The company mentions using third-party tools for vulnerability scanning and penetration testing.
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The company extensively discusses compliance with various financial regulations, including cybersecurity.
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Zero Waste & Sustainable Products
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No evidence was found in the provided articles regarding OPOF.US's performance on any of the KPIs related to Zero Waste & Sustainable Products.
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The articles primarily focused on financial performance and branch optimization, explicitly stating the absence of sustainability-related data.
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