NOTICE: The MVB banking center located at Cheat Lake, (2400 Cranberry Square, Morgantown, WV), will be closed as of January 31, 2020. MVB will continue serving our valued clients in the Morgantown area at the Sabraton and Suncrest banking centers. Our Client Support Team is available to answer questions at 844-MVB-Bank or ClientSupport@MVBbanking.com.
Who We Are
Focused on the future, we seek "blue ocean" opportunities
Helping power potential in our communities since 1999
Who We Are
At MVB Financial Corp., we think big, striving to empower our communities and to embrace industry disruption. With our MVB 3.0 strategy, we seek “blue ocean” opportunities.
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.” Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services.
Through its subsidiary, MVB Bank, Inc., and the bank’s subsidiaries, MVB Mortgage, the MVB Community Development Corporation and Chartwell Compliance, the company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. Chartwell Compliance is one of the world’s leading specialist firms in state and federal compliance, as well as market entry facilitation for firms entering into or expanding in North America, serving many of the most high-profile providers of the Fintech industry.
At MVB Financial Corp., we choose to see the good and to do the good. Through our four verticals – Retail, Commercial, Mortgage and Fintech – we provide creative financial solutions. We constantly look for new ways to develop, serve and invest in our communities.
At our core, the good we truly do is to power the potential of our individual clients. We choose to see the good in people, businesses and communities. We listen to your goals and help you seize the opportunity to succeed. Your success is the rule by which we measure our own success. At MVB, we power potential.
During its 20-plus-year history, MVB Bank has grown from a community bank with 35 employees to a forward-thinking, NASDAQ-listed, Russell 2000® company with more than 400 Team Members living in 19 different states. MVB’s model now goes beyond traditional banking and leverages the disruption occurring in the financial services industry to the benefit of our shareholders.
Formed on October 30, 1997, MVB Bank was chartered under the laws of the State of West Virginia and commenced operations on January 4, 1999. MVB Financial Corp. (“MVB Financial”) was formed on January 1, 2004, as a bank holding company and, effective December 2012, became a financial holding company. The company is headquartered in Fairmont, West Virginia.
In December 2012, MVB Bank acquired Potomac Mortgage Group (“PMG”), now MVB Mortgage, a mortgage company based in the Northern Virginia area with offices in Washington, D.C., North Carolina, and South Carolina. MVB Mortgage is a wholly-owned subsidiary of MVB Bank.
The MVB Bank footprint now includes 15 banking centers, 12 in West Virginia and three in Virginia. West Virginia locations include Bridgeport and Clarksburg in Harrison County; two locations in Fairmont (Virginia Avenue and I-79 Technology Park) in Marion County; three locations in Morgantown (Sabraton, Suncrest and Cheat Lake) in Monongalia County; four locations in the Eastern Panhandle (Charles Town, Inwood and offices in Martinsburg on Edwin Miller Blvd. and Foxcroft Avenue); and an office in Kanawha County in downtown Charleston. In 2015, MVB Bank opened its first banking center in Fairfax County in Northern Virginia in Reston, Virginia. In 2017, MVB opened its second Virginia banking center in Leesburg, in Loudoun County. In 2018, MVB Bank opened a banking center in McLean, in Fairfax County, relocated its Reston banking center and opened an expanded regional corporate headquarters in Reston.
The MVB Community Development Corporation (CDC) was established as a subsidiary of MVB Bank in 2017. The CDC, as well as its subsidiary, the MVB Community Development Partnership, Inc. (CDPI), were designed to help meet the financial needs of the communities MVB serves. The goals of the CDC are to transform low-income communities, create economic opportunities, and finance qualified businesses through the provision of capital investments and lending in West Virginia, Southwestern Pennsylvania, and Northern Virginia in a manner that vitally impacts the lives of individuals and communities.
MVB Financial Corp. started trading on the Nasdaq Capital Market® under the symbol “MVBF” on December 7, 2017. MVB became the first West Virginia-based bank in 18 years to be listed on the Nasdaq. On March 28, 2018, MVB celebrated this major milestone in its growth journey by participating in the Nasdaq Closing Bell Ringing at the Nasdaq MarketSite Studio in Times Square.
In June 2018, the FTSE Russell added MVB Financial to the Russell 2000® Index as part of its annual index reconstitution, which was another big step in MVB’s growth journey.
In September 2019, Chartwell Compliance joined the MVB family through its acquisition as a wholly-owned subsidiary of MVB Bank. The move further reinforced MVB’s 3.0 strategy of seeking “blue ocean” opportunities and differentiated MVB’s expanding Fintech vertical with its commitment to regulatory and compliance excellence.
In fall 2019, MVB opened an office in Fintech-friendly Salt Lake City.
In September 2019, MVB was chosen as a Sandler O’Neil Sm-All Star for 2019. MVB was one of only 30 major exchange-traded banks to earn this honor and one of only 13 new members to the 2019 class.
Want to know more? For purposes of outreach and client communications, the following websites are registered to the Company: MVBbanking.com, IR.MVBbanking.com, MVBmortgage.com and www.chartwellcompliance.com.
MVB Financial Corp.
301 Virginia Avenue
Fairmont, West Virginia 26554-2777
Telephone: 844-MVB-BANK (844-682-2265)
FAX: (304) 366-8600
MVB Financial Corp. Board of Directors
- David B. Alvarez
- James J. Cava Jr.
- Harry Edward Dean III
- John W. Ebert
- Daniel W. Holt
- Gary A. LeDonne
- Larry F. Mazza
- Dr. Kelly R. Nelson
- J. Christopher Pallotta
- Cheryl Spielman
Senior Leadership Team
- Larry F. Mazza, President & CEO, MVB Bank
- Don Robinson, Executive Vice President, CFO
- Matt West, Chief Strategy Officer
- Ed Dean, CEO, Potomac Mortgage Group (dba MVB Mortgage)
- Brad Greathouse, Executive Vice President, Chief People and Culture Officer
- John Schirripa, Regional President, Chief Commercial Lending Officer
- Jamie Nalls, Regional President, Northern Virginia
- David Jones, Senior Vice President, Chief Risk Officer
- Ryan Linton, President, MVB Fintech
- Matt Dean, Chief Credit Officer
- Pat Runge, Senior Vice President, Chief Technology Officer
- Amy Baker, Vice President, Corporate Communications & Marketing
Syed Ahmed: Senior Vice President, Regional Director-Retail & Business Banking
Byron Schulze: Senior Vice President, Treasury Services Manager
Herman DeProspero: North
Frank Sutton: Central
Jarrod Furgason: South
Craig Schmitz: Northern Virginia
Christopher Turley: Government Lending
Investing in Our Communities
At MVB, we believe in transforming lives, helping businesses grow and striving to bring out the best in each other, our client experience and the communities we serve. MVB respects our responsibility outlined in the Community Reinvestment Act, but we believe in service because it’s the right thing to do.