Best Places to Work: Old Point National Bank
By Barrett Baker
Corporate Headquarters: 101 East Queen Street, Hampton | 757-728-1200 | OldPoint.com
Old Point National Bank has grown substantially since they launched operations from a counter inside Cooper’s Confectionary store in the Phoebus section of Hampton. Today they offer a variety of financial products and services in 18 branch locations in Carrollton/Isle of Wight, Chesapeake, Fort Monroe, Hampton, Newport News, Norfolk, Virginia Beach, Williamsburg/James City County and Yorktown.
“Old Point proves that a positive work culture doesn’t have to be defined by ping-pong tables in breakrooms or lavish giveaways,” says Preside and CEO Robert Shuford, Jr. “Simply providing employees with a sense of purpose and wellbeing while creating an atmosphere of teamwork and togetherness brings much more long-term satisfaction. The best work culture allows everyone to feel safe and welcome—never excluded or uncomfortable. At Old Point, we have exactly that.”
One way they achieve that is by promoting within and providing quarterly awards that are given out by executives to recognize employees who go above and beyond in their duties. The employees know that their hard work won’t go unnoticed, and they benefit from tuition assistance, open communication, annual bonuses, incentive programs and a culture of family and togetherness that promotes a feeling of belonging and sends a message that all team members are an important part of the Old Point puzzle.
With low turnover rates and employees who have been with the company for decades, team member satisfaction is evident. “We’re given flexible and generous amounts of paid time off, allowing us to have healthy work/life balances,” says Marketing Coordinator Laura Moore. “Old Point employees volunteer and represent the company at various events. We’re proud and excited to be part of a team and want to participate. Old Point’s genuine concern for our community inspires everyone to get involved and attracts employees with similar values.”
At Old Point, their philosophy is that community banking is about people first and numbers second. There is a commitment to helping employees succeed by providing them with the resources and opportunities they need. There is also a commitment to helping the community prosper by supporting more than 300 local organizations and volunteering time and talents for the betterment of Coastal Virginia. Old Point employees live, work, shop and eat in the footprint in which they serve, which gives them pride on creating a better community and a positive work environment every day.
- Company matches employee contributions to their Health Savings Account up to $100 per month.
- 401(k) plans offered with a 4 percent match of employee contributions
- Flexibility and generous amounts of paid time off
- Discounts on tickets to Busch Gardens Williamsburg, Water Country USA and Kings Dominion
- Discounts at Verizon and Office Max
- Quarterly awards given
Why I Love My Job:
“Old Point’s generosity toward employees, customers and the community make it one of the best places to work. Old Point has made a positive impact on so many people, local businesses and nonprofits with its culture of giving back. I would encourage other people to work at Old Point so they can experience a career that allows them to truly feel fulfilled.”
—Laura Moore, Marketing Coordinator, two-and-a-half years at Old Point National Bank