Overview / Commentary
MVB Bank is headquartered in Fairmont and is the 5th largest bank in the state of West Virginia. It is also the 518th largest bank in the nation. It was established in 1999 and as of June of 2016, it had grown to 320 employees at 13 locations. MVB Bank has an A health rating.
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Health
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34603 |
| Year Established | 1999 |
| Employees | 320 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 8.84% |
| Annual Interest Income | $27.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.48B$1.25B |
| Loans | Q2 2016vs Q2 2015 | $1.21B$1.02B |
| Deposits | Q2 2016vs Q2 2015 | $1.07B$897.4MM |
| Equity Capital | Q2 2016vs Q2 2015 | $151.6MM$137.6MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $9.1MM$7.0MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $8.2MM$9.8MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $353.00K$375.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
MVB Bank Checking Account Rates
MVB Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.25% | $5k | - | 25 Month Summer CD Special | |
| 1.00% | $5k | - | 15 Month Summer CD Special |
Locations
MVB Bank has 13 locations. Click to view all MVB Bank locations.