Old Point Financial (OPOF) 8-K Old Point Financial Corporation Declares Quarterly Dividend

Exhibit 99.1

FOR IMMEDIATE RELEASE

Old Point Financial Corporation Declares Quarterly Dividend

HAMPTON, Va., February 17, 2021 (PRNewswire) – Old Point Financial Corporation declared a quarterly cash dividend of $0.12 per share on its common stock to be paid on March 26, 2021 to shareholders of record as of March 3, 2021. The dividend amount is the same as the prior quarter’s dividend and based on the stock’s closing price of $18.60 on February 16, 2021, the dividend yield is approximately 2.6%.

ABOUT OLD POINT FINANCIAL CORPORATION

Old Point Financial Corporation (Nasdaq: OPOF)is theparent company of Old Point National Bank, a locally owned and managed community bank, and Old Point Trust & Financial Services, N.A., awealth management services provider, serving the Hampton Roads, Virginia region. Additional information on the Company is available at www.OldPoint.com under “Investor Relations”.

Contact:  Laura Wright, VP/Marketing Director, 757.728.1743