The Banker Names MVB Bank as 2021 Bank of the Year – United States
02 Dicembre 2021 - 10:30PM
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
finance news publication published by the Financial Times of
London.
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the full release here:
https://www.businesswire.com/news/home/20211202005899/en/
(Graphic: Business Wire)
This year’s awards recipients for the Americas were recognized
during a virtual ceremony on Wednesday, Dec. 1, hosted by The
Banker’s Economics Editor Silvia Pavoni. MVB Bank was the only
financial institution to receive the Bank of the Year – United
States honor.
“Team MVB is extremely excited and grateful to be named Bank of
the Year – United States for 2021 by the prestigious publication,
The Banker,” said Larry F. Mazza, President and CEO, MVB Financial,
who accepted the award during the ceremony. “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 client base who are
loyal to us. We are very grateful to our shareholders who believe
in us. With that, I’d like to say thank you on behalf of all of
MVB.”
Since 1926, the Bank of the Year awards have celebrated the best
of global banking and are regarded as the industry standard for
banking excellence. The 2021 edition highlights those institutions
that have outshone their peers in terms of performance, strategic
initiatives and response to the COVID-19 pandemic.
“The competition was incredibly hard this year as institutions
across the world raised their game with digital transformation,
customer experience and bringing environmental, social and
governance criteria to the fore. The judging committee’s
deliberations on all the various categories were long and hard, but
we relish the challenge,” said Joy Macknight, Editor of The Banker,
during the ceremony. “On behalf of The Banker editorial team, I
congratulate all the winners once again for their stellar
performances and achievements in 2021.”
The Banker Magazine is a publication of the Financial Times – a
leading global finance news publication since 1888. The Banker
magazine is the definitive reference in international banking for
high level decision makers. 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 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,
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20211202005899/en/
MEDIA CONTACT Amy Baker VP, Corporate Communications
& Marketing MVB Bank abaker@mvbbanking.com (844) 682-2265
INVESTOR RELATIONS Marcie Lipscomb mlipscomb@mvbbanking.com
(844) 682-2265
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