Company Profile
- MVB Financial, Corp. (NASDAQ: MVBF) (“the company”), (est. 1997), is a $3.0 billion-asset commercially oriented bank holding company headquartered in Fairmont, WV. The company has seven full-service branches with six in North Central West Virginia and one in Northern Virginia. MVBF offers a wide range of commercial and retail services through its West Virginia chartered banking subsidiary, MVB Bank, Inc. (“the bank”), with a Fintech focused strategy.
- The bank provides a range of banking services to corporate Fintech companies, with a focus on operational risk management and compliance. These services include consulting, compliance support, and payment processing through multiple payment rails, offering MVBF access to stable, lower cost deposits and recuring fee-based income. Additionally, MVBF holds a diverse portfolio of granular investments in Fintech entities, treated as strategic partnerships, and manages its residential mortgage business as an…