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Press release content from BusinessWire. The AP news staff was not involved in its creation.

MVB Bank Celebrates Expansion in Northern Virginia

October 9, 2018

FAIRMONT, W.Va.--(BUSINESS WIRE)--Oct 9, 2018--MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp., has expanded and modernized its presence in Northern Virginia. Grand Opening Celebrations are planned for MVB Bank’s new Northern Virginia regional corporate suite and banking center near the Reston Town Center, as well as for its new banking center in McLean.

“At MVB, we are excited about our new, highly visible locations at RTC West and McLean. Combined with MVB Mortgage’s presence already established in Fairfax County, we are significantly expanding the MVB Financial Corp. brand in the region,” said Jamie Nalls, MVB Northern Virginia Regional President. “Opening these new banking center locations has provided us the opportunity to add valuable Team MVB members, from operations to sales, in the Northern Virginia market. Our people are the difference, and we believe our client experience sets us apart from other financial institutions.”

MVB opened a banking center at 106 Harrison St., SE, Suite 100, in Leesburg in 2017. Prior to that, MVB had a banking center and corporate offices in Reston on Old Reston Avenue, but has expanded its space and profile with a new corporate suite and banking center at 12100 Sunset Hills Road, Suite R13 and Suite 130, which opened on Aug. 20. The community is invited to attend the Grand Opening Celebration for the new Reston location from 4:30 to 7 p.m. Monday, Oct. 15, with a ribbon cutting planned for 5:15 p.m.

MVB Bank’s new banking center at 1313 Dolley Madison Blvd., Suite 100, McLean, opened on Sept. 4 and is the bank’s third location in Northern Virginia. The community is invited to attend the Grand Opening Celebration for the new McLean location from 3 to 7 p.m. Tuesday, Nov. 13, with a ribbon cutting planned for 3:30 p.m.

“Our new branches have strategically expanded MVB Bank’s footprint in Northern Virginia. We are excited about the potential here and pride ourselves on being a trusted partner to our clients and communities to help meet their financial needs,” said Larry F. Mazza, President and CEO, MVB Financial Corp. “With each new investment we make, we work to ensure the highest level of touch and convenience coupled with the ‘wow’ experience our clients have come to expect.”

MVB’s new banking centers feature some of the area’s first Interactive Teller Machines (ITMs). This state-of-the-art technology increases client accessibility with extended hours of operations and offers enhanced security.

MVB Bank, Inc., is a strong community bank with more than $1.7 billion in total assets headquartered in Fairmont, W.Va. The MVB Bank footprint now encompasses 15 total locations - 12 in West Virginia and three in Northern Virginia. For more information about MVB, please visit www.mvbbanking.com. MVB Mortgage (NMLS ID# 181319) has 18 locations in West Virginia; Virginia; Washington, D.C.; North Carolina; and South Carolina.

About MVB Financial Corp.

MVB Financial Corp. (“MVB Financial” or “MVB”), the holding company of MVB Bank, 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, MVB Mortgage and MVB Community Development Corporation, the company provides financial services to individuals and corporate clients in the Mid-Atlantic region.

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

For more information about MVB, please 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 subject to risks and uncertainties. Forward-looking statements include information concerning possible or assumed future results of operations of the Company and its subsidiaries. When words such as “believes,” “expects,” “anticipates,” “may,” or similar expressions occur in this Press Release, the Company is making 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 those results to differ materially from those expressed in the forward-looking statements contained in this Press Release. Those factors include, but are not limited to: credit risk, changes in market interest rates, inability to achieve merger-related synergies, competition, economic downturn or recession, and government regulation and supervision. Additional factors that may 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, 2017, as well as its other filings with the SEC, which are available on the SEC website at www.sec.gov. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009006025/en/


Amy Baker, 844-682-2265

VP, Corporate Communications




SOURCE: MVB Bank, Inc.

Copyright Business Wire 2018.

PUB: 10/09/2018 02:00 PM/DISC: 10/09/2018 02:00 PM


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