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MVB Financial Earns 2021 Great Place to Work Certification™

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MVB Financial Corp. (NASDAQ: MVBF) has been awarded the prestigious Great Place to Work Certification™, with 94% of its employees affirming it as a great workplace, significantly higher than the national average of 59%. This recognition underscores MVB's commitment to fostering a supportive and innovative work culture. Employees at certified workplaces are 4.5 times more likely to find great bosses and are 93% more likely to enjoy coming to work. MVB aims to embody a high-trust environment, with a focus on success for its clients and communities.

Positive
  • 94% employee satisfaction rating, well above the national average.
  • Recognition as one of the best workplaces highlights strong corporate culture.
  • Commitment to employee experience linked to increased innovation and retention.
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FAIRMONT, W. Va.--(BUSINESS WIRE)-- MVB Financial Corp. (“MVB Financial,” “MVB”) (NASDAQ: MVBF) has been Certified™ by Great Place to Work®. The prestigious award is based entirely on what current MVB Team Members say about their experience working at MVB. This year, 94% of Team Members said MVB is a great place to work – compared to 59% of employees at a typical U.S.-based company.

“At MVB, our culture is part of our corporate DNA, defining the environment in which our Team Members thrive,” said Larry F. Mazza, President and CEO, MVB Financial. “We are trusted partners on the financial frontier, committed to the success of our Teammates, clients, shareholders and communities. I am grateful to Team MVB for what each Team Member achieves every day while living our values. We think bigger, and we do bigger.”

Great Place to Work® is the global authority on workplace, culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

“Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that MVB is one of the best companies to work for in the country.”

According to Great Place to Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

WE’RE HIRING!
Looking to grow your career at a company that puts its Team Members first? Visit MVB’s Culture + Careers page at: https://mvbbanking.com/culture-careers/.

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 an innovative 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.

About Great Place to Work Certification™
Great Place to Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place to Work-Certified.

About Great Place to Work®
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. Learn more at greatplacetowork.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.

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

Source: MVB Financial Corp.

FAQ

What did MVB Financial Corp. announce about employee satisfaction?

MVB Financial Corp. announced that 94% of its employees stated it is a great place to work, earning the Great Place to Work Certification.

When did MVB Financial receive the Great Place to Work Certification?

MVB Financial Corp. received the Great Place to Work Certification in the current year, although the exact date is not specified in the press release.

What is the significance of the Great Place to Work Certification for MVB Financial?

The certification signifies that MVB Financial is one of the best companies to work for, based on employee feedback and experiences.

How does MVB Financial's employee satisfaction compare to the national average?

MVB Financial's employee satisfaction of 94% is significantly higher than the national average of 59%.

What are the benefits of being a Great Place to Work certified company?

Certified companies see benefits such as higher employee retention, increased job satisfaction, and a more innovative work environment.

MVB Financial Corp.

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