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Two Hampton Roads area banks refuse federal bailout

Full story: Hampton Roads Daily Press

While national banks are making headlines for accepting billions in federal bailout money, two local community banks said no to federal assistance.

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Parker

AOL

Bravo for not selling their souls to the devil.

Clam it

Newport News, VA

I believe my bank just changed. I think Old Point will now have all of my business as they seem to be an organization that knows what they are doing.

3MOX1

United States

If Old Points fees are any better than LFCU, they now have my business!

milly547

Chesapeake, VA

Many banks don't need more cash in order to lend, they need more *customers* who want to borrow! Until the government gets a clue as to how this massive destruction of household wealth has affected the mindset of consumers, it is going to continue to engage in futile half-efforts. Surfer Agrees with CEO ---
http://www.associatedcontent.com/article/1573...

Hamptoian

Newport News, VA

Two words - CREDIT UNIONS !!! Better interest rates, more $$ to lend.

jay tee

Newport News, VA

I am surprised that TOWN BANK took TARP money.This is a disappointment.TOWN used to be a good bank--Not anymore.

Switching to OPNB

Hampton, VA

Obama is a theif and he is a socialist. I plan to put my money into OPNB.

Downtown Hpt

Silver Spring, MD

jaytee, they made a bunch of bad loans too.

Bob Newport News

Newport News, VA

Old point only has 37,249 shares in towm bank so just maybe we should look beyond the Daily Diversity,also known as the DP.

Unintended consequences

Yorktown, VA

I give unsolicited advice: buy gold

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