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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

MVB Bank Named One of American Banker “Best Banks to Work For in 2021”

November 8, 2021 GMT

FAIRMONT, W.Va.--(BUSINESS WIRE)--Nov 8, 2021--

MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), has been named one of American Banker Magazine’s “Best Banks to Work For in 2021.” MVB placed number 21 among the 90 U.S. banks in the ranking, which assesses employee satisfaction in areas including corporate culture and communications, training and development opportunities and pay and benefits.

“Through our strategic Culture Initiative, culture has become MVB’s secret sauce and part of our corporate DNA, mindset and behavior of Team MVB. Our purpose and values driven culture has facilitated our ability to scale our recruiting efforts on a national basis and to retain top talent and remain competitive,” said Larry F. Mazza, CEO and President, MVB Financial.

“These results validate Team Member belief in our culture. We truly strive to be trusted partners on the financial frontier, committed to the success of our Teammates, clients, shareholders and communities.”

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Brad Greathouse, EVP, Chief People Officer, leads MVB’s Culture Initiative.

“At MVB, we live our values of trust, commitment, RLC (respect, love and caring), teamwork and being adaptive. We consistently recognize Team Members based on our values with unique programs such Rock Stars of the Month and provide opportunities for personal and professional growth.”

The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction.

The selection of the Best Banks to Work For is a two-step process managed by Best Companies Group. The first step involves an evaluation of participating companies’ workplace policies, practices and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final rankings.

Full results of this year’s program are available at https://www.americanbanker.com/list/best-banks-to-work-for and in the November issue of American Banker Magazine.

About MVB Financial Corp.

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MVB Financial Corp. (“MVB Financial” or “MVB”), the innovative financial holding company of MVB Bank, is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Through its subsidiary, MVB Bank, Inc., (“MVB Bank”) and the bank’s subsidiaries, MVB provides services to individuals and corporate clients in the Mid-Atlantic region, as well as to Fintech, Payment and Gaming clients throughout the United States. 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, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries, as well as statements regarding MVB’s future plans with regard to its Fintech line of business. When words such as “plans,” “believes,” “expects,” “anticipates,” “continues,” “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; revaluation of equity investments, including MVB’s investments in Fintech companies; inability to further scale up the Fintech line of business; 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, 2020, 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/20211108005938/en/

CONTACT: MEDIA CONTACT

Amy Baker

VP, Corporate Communications & Marketing

abaker@mvbbanking.com

(844) 682-2265

INVESTOR RELATIONS

Marcie Lipscomb

mlipscomb@mvbbanking.com

(844) 682-2265

KEYWORD: WEST VIRGINIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: MVB Financial Corp.

Copyright Business Wire 2021.

PUB: 11/08/2021 04:30 PM/DISC: 11/08/2021 04:32 PM

http://www.businesswire.com/news/home/20211108005938/en