MVB Bank

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15 Month CD Special

Great Rates + Safety
= Peace of Mind. Member FDIC.

2.75% APY

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Ally Bank, Member FDIC. Consistently Competitive Rates. 24/7 Customer Care.

2.00% APY

Overview / Commentary

www.mvbbanking.com

304-367-2602

301 Virginia Avenue
Fairmont, WV 26554

MVB Bank is headquartered in Fairmont and is the 4^th largest bank in the state of West Virginia. It is also the 480^th largest bank in the nation. It was established in 1999 and as of September of 2018, it had grown to 352 employees at 15 locations. MVB Bank has an A health rating.

MVB Bank has a new 1.76% APY promotion rate on its Premier MMA. Available online in Maryland, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia, and the District of Columbia. Minimum balance to open account is $25,000 in non-MVB funds. Non-MVB funds include any funds not currently in an MVB Bank account. A monthly service charge of $15.00 will be imposed every statement cycle if the daily balance on any day of the month falls below $10,000.00. https://www.mvbbanking.com/personal-banking/savings/money-market-accounts

View all posts from:

2018
2009

6/19 - Premier MMA, 1.76% APY

10/15 - 4.05% Reward Checking Account at MVB Bank in West Virginia - Local Only

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Health

A

Data as of Q3 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	34603
Year Established	1999
Employees	352
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.06%
Return on Equity - YTD	9.69%
Annual Interest Income	$50.6MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$1.72B$1.47B
Loans	Q3 2018vs Q3 2017	$1.35B$1.15B
Deposits	Q3 2018vs Q3 2017	$1.38B$1.17B
Equity Capital	Q3 2018vs Q3 2017	$181.4MM$173.6MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$11.4MM$9.4MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$12.8MM$6.6MM
Real Estate Owned	Q3 2018vs Q3 2017	$1.7MM$1.4MM

Rates

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CD

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MVB Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.20%	$1k	$95k	18 Month CD Special
2.00%	$1k	$95k	13 Month CD Special

Locations

Availability

Clarksburg Area

Clarksburg Area bank & credit union details

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