Naomi Snyder, editor-in-chief at Bank Director
Old Point Financial Corp. in Hampton, Virginia, the holding company for Old Point National Bank of Phoebus, faced a critical decision about five years ago. Like other community banking companies, it had bulked up on commercial real estate, which had declined in value and wasn’t growing as a loan category. Nearby credit unions dominate consumer lending in the Hampton Roads market, which boasts a heavy military presence, offering rates as low as 1.99 percent on an 8- year auto loan. “We can’t compete with that,’’ says Joseph Witt, Old Point National Bank’s senior executive vice president and chief administrative officer...
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Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan. You can contact Naomi at email@example.com.