SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 16, 1997
OLD POINT FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Virginia 0-12896 54-1265373
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization File Number) Identification No.)
1 West Mellen Street, Hampton, Virginia 23663
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (757) 728-1200
Item 5. Other Events
Old Point Financial Corportion issued the following press release:
PRESS RELEASE
JANUARY 16, 1997
In a statement released today by The Old Point National Bank, Chairman
Robert F. Shuford announced the resignation of John G. Sebrell as President.
Mr. Sebrell joined the Bank in 1992 and has served as President since
July 1993. Chairman Shuford said "John has served us well and has
contributed many positive developments during his tenure as President.
We wish him well in his future endeavors."
In conjunction with Mr. Sebrell's resignation, the Board of Directors
appointed Chairman Shuford to serve as President. Shuford previously
served as President of Old Point National Bank from 1967 to 1988. He
will assume these duties in addition to serving as Chairman of the Board
and President of Old Point Financial Corporation.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Old Point Financial Corporation
Dated: January 16, 1997 By: /s/ Robert F. Shuford
Chairman of the Board,
President & CEO
