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Old Point Financial Corp Salary

Old Point Financial Corp Salary

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As of October 2026, the average annual salary for employees at Old Point Financial Corp in the United States is $96,651. This translates to an approximate hourly wage of $46. Salaries at Old Point Financial Corp typically range from $84,689 to $109,696 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Old Point Financial Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Old Point Financial Corp. Based on our data, the highest paying job is the Chief Investment Officer, with an annual salary of $335,553. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Old Point Financial Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Old Point Financial Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Citibank Texas Na $105,459
+9.1%
Adjusted for higher cost-of-living indices in Citibank Texas Na's primary metro hubs.
MarLu LC Inc $111,587
+15.5%
Reflects a supply-demand imbalance for the specific talent MarLu LC Inc targets.
Silverton Bank $101,767
+5.3%
Influenced by prevailing union wage agreements specific to Silverton Bank's sector.
United Acme Holding Corp $125,099
+29.4%
Data suggests United Acme Holding Corp's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+25.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Old Point Financial Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Old Point Financial Corp. Click a company name to learn more.

Employee Reviews: Working at Old Point Financial Corp

Considering a career at Old Point Financial Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It’s inspiring to be part of a team that drives financial excellence while making a positive difference in society. Training is available it is role-specific or timely. There's a strong ethical foundation, and our financial services truly make a difference. I've developed confidence, competence, and clarity in my career path. Strong emphasis on process and accuracy.
Commented in February 25, 2025
35
2
This company rewards diligence and integrity. The benefits are attractive, offering healthcare, wellness, and retirement options. Leadership actively promotes equity through inclusive hiring practices and employee resource groups. Career advancement is often with a preference for seniority. Important updates come through multiple channels. Leaders explain the why behind shifts.
Commented in June 18, 2024
31
1
Offices are designed for both collaboration and focused work, with state-of-the-art technology. I feel empowered to make decisions in my role. Compensation is standard, with modest perks.
Commented in January 19, 2024
44
0

Old Point Financial Corp Overview

Website
www.oldpoint.com
Founded In
1922
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
101 E Queen St Hampton Virginia VA 23669
Revenue
$50 Million - $200 Million
Phone Number
+1 7577281200
Social Media
About Old Point Financial Corp
Founded in 1922, Old Point National Bank is a wholly-owned subsidiary of Old Point Financial Corporation with 19 convenient branches throughout Hampton Roads and surcharge-free access to over 55,000 ATMs worldwide as part of the Allpoint ATM network. The company is headquartered in Hampton, Virginia.

What Benefits Does Old Point Financial Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Old Point Financial Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Hampton?

Understanding the cost of living near Hampton is key to truly evaluating a salary offer or your current compensation at Old Point Financial Corp.
Hampton's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 13.1% less than VA average). Hampton Roads city, historic, NASA Langley, affordable. HRT bus. When planning your budget based on a salary from Old Point Financial Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Old Point Financial Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (HRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Old Point Financial Corp

1. What is the average salary for employees at Old Point Financial Corp?

The average annual total compensation for employees at Old Point Financial Corp is approximately $96,651. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,689 to $109,696, depending on factors like job role, experience, and location.

2. How much does Old Point Financial Corp pay compared to Citibank Texas Na?

The average annual salary at Old Point Financial Corp is $96,651, or an hourly wage of $46, in comparison to Citibank Texas Na which pays $105,459 per year or $51 per hour.

3. What is the lowest salary at Old Point Financial Corp?

The lowest-paying job at Old Point Financial Corp is an Application Administrator with a salary of $103,224 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Old Point Financial Corp?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Old Point Financial Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Old Point Financial Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Hampton?

While some companies offer formal COLA, many, including potentially Old Point Financial Corp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Old Point Financial Corp?

Most companies, likely including Old Point Financial Corp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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