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Cathy W. Liles Joins Old Point Financial as CFO

Cathy W. Liles Joins Old Point Financial as CFO

Cathy W. Liles Joins Old Point Financial as Chief Financial Officer

Old Point Financial Corporation (NASDAQ: OPOF) has made an important addition to its leadership team by appointing Cathy W. Liles as the new Senior Vice President and Chief Financial Officer. Having served as the Interim Chief Financial Officer since earlier this year, Cathy is well-equipped to take on this pivotal role.

The Importance of Leadership Experience

Liles brings a wealth of experience from her time in the banking sector and a strong accounting background. Her prior engagements, including roles as Senior Vice President and Chief Accounting Officer at American National Bankshares, demonstrate her deep knowledge and expertise in financial management.

Rob Shuford's Statement

Rob Shuford, Jr., the Chairman, President, and CEO of Old Point Financial Corporation, expressed confidence in Liles' capabilities. "Cathy's appointment reflects our commitment to excellence and her contributions as interim CFO have been invaluable. We look forward to her leadership in executing our growth strategies," he noted.

Cathy Liles' Professional Journey

Since joining Old Point in May 2024, Cathy has made significant contributions. Before her tenure at Old Point, she held the Chief Financial Officer position at Carter Bank & Trust and was a partner in an accounting firm. Her robust background includes a B.S. in Accounting from Belmont Abbey College, reinforcing her qualifications for the CFO role.

A Commitment to Community Banking

Old Point National Bank, which Liles now oversees, is committed to delivering a range of financial services tailored to meet community needs. The bank operates on principles of local management and community involvement, making it a trusted partner in the financial journey of its clients.

About Old Point Financial Corporation

Old Point Financial Corporation (NASDAQ: OPOF) is the parent company of Old Point National Bank and Old Point Wealth Management. Their focus on serving the financial needs of local customers positions them as a vital player in the community banking landscape. The bank provides an array of services including checking account options, insurance, mortgage products, and comprehensive commercial lending.

Old Point Wealth Management stands out as a significant provider of asset management services within its operating regions. Their commitment to personalized service by experienced professionals is a hallmark of their operational philosophy.

Contact Information

For further inquiries or more information about Old Point Financial Corporation, please reach out to Laura Wright, Vice President/Marketing Director, at 757.728.1743.

Frequently Asked Questions

Who is Cathy W. Liles?

Cathy W. Liles is the newly appointed Chief Financial Officer of Old Point Financial Corporation, bringing extensive banking and accounting experience.

What role did Cathy hold before her current position?

Before becoming the CFO, Cathy served as the Interim Chief Financial Officer at Old Point Financial Corporation since July 2024.

What is Old Point Financial Corporation known for?

Old Point Financial Corporation is known for its commitment to community banking and providing a wide range of financial services to residents and businesses.

Where is Old Point Financial Corporation located?

Old Point Financial Corporation serves regions including Hampton Roads and Richmond, focusing on local community engagement.

How can I contact Old Point for more information?

To get more information, you can contact Laura Wright at 757.728.1743.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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