OLD POINT NATIONAL BANK ANNOUNCES STRATEGIC ALLIANCE WITH TIDEWATER HOME FUNDING

January 31, 2024

https://www.prnewswire.com/news-releases/old-point-national-bank-announces-strategic-alliance-with-tidewater-home-funding-302049710.html

HAMPTON, Va., Jan. 31, 2024 /PRNewswire/ — Old Point National Bank (Old Point or the Bank) is proud to announce a strategic alliance with Tidewater Home Funding, LLC based in Chesapeake, Virginia. As a part of this alliance, Old Point will transition the processing of mortgage loans to Tidewater Home Funding. Old Point will maintain the branding of its mortgage division as Old Point Mortgage and will continue to underwrite and service select portfolio mortgage products through its retail and private banking arms. This alliance will also allow Old Point to expand its mortgage product offerings.

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