Purpose and Values Driven Culture Recognized
Nationally
MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp.
(“MVB Financial”) (NASDAQ: MVBF) (collectively “MVB”), for the
third consecutive year has been named one of American Banker
Magazine’s Best Banks to Work For. MVB placed number 16 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,” said Larry F. Mazza, CEO, 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.”
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 banks recognized on this list are trying hard to create
workplaces that employees want to join,” said Chana R.
Schoenberger, Editor-in-Chief of American Banker. “Especially
during this moment when companies are experiencing a shift in how,
where and how much employees work, banks are paying attention to
how they can best retain their people.”
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-2023 and
in the November issue of American Banker Magazine.
About MVB Financial Corp.
MVB Financial Corp., the holding company of MVB Bank, Inc., 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, the Company provides financial services to
individuals and corporate clients in the Mid-Atlantic region and
beyond. For more information about MVB, please visit
http://ir.mvbbanking.com.
About American Banker
American Banker empowers banking professionals with unique
analysis and insight into the ideas transforming their business and
industry. Across its journalism, events, research and benchmarking,
it helps drive the way forward through the complexity of business
innovation, retail and commercial disruption, technology,
regulation and reform. With a banking community 850M strong,
American Banker’s content connects leaders online, in person and in
print every day.
About Best Companies Group
Since 2004, Best Companies Group has specialized in identifying
and recognizing great employers to work for. We are an independent
research firm that ranks companies based on our established
research methodology. Our surveys provide actionable,
hard-to-obtain data that companies use to improve employee
recruitment and retention.
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 that are intended to be covered by
the protections provided under the Private Securities Litigation
Reform Act of 1995. 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.
Forward-looking statements can be identified by the use of words
such as “may,” “could,” “should,”, “would,” “will,” “plans,”
“believes,” “estimates,” “expects,” “anticipates,” “intends,”
“continues,” or the negative of those terms or similar expressions.
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 forward-looking statements. Therefore,
undue reliance should not be placed upon any forward-looking
statements. Those factors include but are not limited to: market,
economic, operational, liquidity, and credit risk; changes in
market interest rates; inability to achieve anticipated synergies
and successfully integrate recent mergers and acquisitions;
inability to successfully execute business plans, including
strategies related to investments in financial technology
companies; competition; length and severity of the COVID-19
pandemic and its impact on the Company’s business and financial
condition; changes in economic, business, and political conditions;
changes in demand for loan products and deposit flow; operational
risks and risk management failures; and government regulation and
supervision. Additional factors that may cause actual results to
differ materially from those described in the forward-looking
statements can be found in the Company’s Annual Report on Form 10-K
for the year ended December 31, 2022, as well as its other filings
with the SEC, which are available on the SEC’s website at
www.sec.gov. Except as required by law, the Company disclaims any
obligation to update, revise, or correct any forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20231120911616/en/
MEDIA CONTACT Amy Baker VP, Corporate Communications
& Marketing abaker@mvbbanking.com (844) 682-2265 INVESTOR
RELATIONS Marcie Lipscomb mlipscomb@mvbbanking.com (844)
682-2265
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