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The Banker Names MVB Bank as 2021 Bank of the Year – United States

FAIRMONT, W.Va., Dec. 2, 2021–(BUSINESS WIRE)–MVB Bank, Inc., a wholly owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) has been named Bank of the Year – United States for 2021 by The Banker magazine, a leading global financial news publication published by the Financial Times of London.

This press release contains multimedia. Watch the full release here: https://www.businesswire.com/news/home/20211202005899/en/

(Image: Business Wire)

This year’s award winners for America were recognized at a virtual ceremony on Wednesday, December 1, hosted by Silvia Pavoni, editor-in-chief of The Banker’s Economics. MVB Bank was the only financial institution to receive the Bank of the Year – United States award.

“Team MVB is thrilled and grateful to have been named Bank of the Year – United States for 2021 by the prestigious publication The Banker,” said Larry F. Mazza, President and CEO of MVB Financial, who presented the award at the ceremony. received. “We are very grateful to our teammates who work hard every day to make good things happen. We are grateful to our board of directors who are very supportive of us. We are very grateful to our customer base who are loyal to us. believe us. I would like to thank you on behalf of all of MVB.”

Since 1926, the Bank of the Year awards celebrate the best of global banking and are regarded as the industry standard for excellence in banking. The 2021 edition highlights those institutions that have surpassed their peers in performance, strategic initiatives and response to the COVID-19 pandemic.

“The competition has been incredibly tough this year as institutions around the world have upped their game with digital transformation, customer experience and pushing environmental, social and governance criteria to the fore. The jury’s deliberations on all the different categories were long and difficult, but we enjoy the challenge,” said Joy Macknight, editor of The Banker, during the ceremony. “On behalf of the editorial staff of The Banker, I congratulate all winners once again on their great achievements and achievements in 2021.”

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The Banker Magazine is a publication of the Financial Times – a leading global financial news publication since 1888. The Banker Magazine is the definitive reference in international banking for high-level decision-makers. The winners of the Bank of the Year Awards will be recognized in the December 2021 issue of The Banker.

About MVB Financial Corp.

MVB Financial Corp. (“MVB Financial” or “MVB”), the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF”.

MVB is a financial holding company headquartered in Fairmont, W.Va. Through its subsidiary, MVB Bank, Inc., and the bank’s subsidiaries, the company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond.

Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and services of public companies.

For more information about MVB, visit ir.mvbbanking.com.

Forward-Looking Statements

MVB Financial Corp. has made forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this press release. These forward-looking statements are based on current expectations about the future and are subject to risks and uncertainties. Forward-looking statements include, without limitation, information about possible or assumed future operating results of the Company and its subsidiaries, as well as statements about MVB’s future plans with respect to its Fintech business. When words such as ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘continue’, ‘may’ or similar expressions appear in this press release, the company makes forward-looking statements. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause these results to differ materially from those expressed in the forward-looking statements in this press release. Those factors include, but are not limited to: credit risk; changes in market interest rates; revaluation of equity investments, including MVB’s investments in fintech companies; inability to further scale the Fintech business; contest; economic downturn or recession; and government regulation and supervision. Additional factors that could cause our actual results to differ materially from those described in our forward-looking statements can be found in the company’s annual report on Form 10-K for the year ended December 31, 2020, as well as in the other filings with the SEC, which are available on the SEC’s website at www.sec.gov. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.

Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20211202005899/en/

Contacts

MEDIA CONTACT
Amy Baker
VP, Corporate Communication & Marketing
MVB Bank
[email protected]
(844) 682-2265

INVESTOR RELATIONSHIPS
Marcie Lipscomb
[email protected]
(844) 682-2265

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