MVB Names Experienced Leader Jeffrey Weidley as Chief Deposit Officer
MVB Financial Corp. (NASDAQ: MVBF) has appointed Jeffrey Weidley as Chief Deposit Officer. In his new role at MVB Bank, Weidley will be responsible for developing and implementing strategies to grow the bank's deposit base, enhance client relationships, and ensure profitability of deposit products.
Weidley brings significant experience from his previous role at Sandy Spring Bank, where he spent over 16 years overseeing deposit, lending, and digital initiatives across various departments. He holds an MBA from Loyola University Maryland, a B.S. in Business from Johns Hopkins University, and an Executive Leadership Certificate from The Wharton School. He currently serves as a faculty member at Stonier Graduate School of Banking.
MVB Financial Corp. (NASDAQ: MVBF) ha nominato Jeffrey Weidley come Chief Deposit Officer. Nel suo nuovo ruolo presso MVB Bank, Weidley sarà responsabile dello sviluppo e dell'implementazione di strategie per aumentare la base di depositi della banca, migliorare le relazioni con i clienti e garantire la redditività dei prodotti di deposito.
Weidley porta con sé un'esperienza significativa dal suo precedente incarico presso Sandy Spring Bank, dove ha trascorso oltre 16 anni a supervisionare iniziative relative a depositi, prestiti e attività digitali in vari dipartimenti. Ha conseguito un MBA presso la Loyola University Maryland, una laurea in Business presso la Johns Hopkins University, e un Certificate in Executive Leadership dalla Wharton School. Attualmente è membro della facoltà della Stonier Graduate School of Banking.
MVB Financial Corp. (NASDAQ: MVBF) ha nombrado a Jeffrey Weidley como Chief Deposit Officer. En su nuevo rol en MVB Bank, Weidley será responsable de desarrollar e implementar estrategias para aumentar la base de depósitos del banco, mejorar las relaciones con los clientes y asegurar la rentabilidad de los productos de depósito.
Weidley aporta una experiencia significativa de su rol anterior en Sandy Spring Bank, donde pasó más de 16 años supervisando iniciativas de depósitos, préstamos e iniciativas digitales en varios departamentos. Tiene un MBA de la Loyola University Maryland, una licenciatura en Negocios de la Johns Hopkins University, y un Certificado en Liderazgo Ejecutivo de la Wharton School. Actualmente es miembro de la facultad de la Stonier Graduate School of Banking.
MVB Financial Corp. (NASDAQ: MVBF)는 Jeffrey Weidley를 수석 예금 담당자로 임명했습니다. MVB 은행에서의 그의 새로운 역할에서, Weidley는 은행의 예금 기반을 성장시키고, 고객 관계를 향상시키며, 예금 상품의 수익성을 보장하기 위한 전략을 개발하고 실행할 책임을 집니다.
Weidley는 Sandy Spring Bank에서의 이전 역할에서 16년 이상 다양한 부서에서 예금, 대출 및 디지털 이니셔티브를 감독하면서 쌓은 상당한 경험을 가지고 있습니다. 그는 Loyola University Maryland에서 MBA를, Johns Hopkins University에서 경영학 학사 학위를, Wharton School에서 임원 리더십 인증서를 받았습니다. 현재 그는 Stonier Graduate School of Banking의 교수진으로 재직하고 있습니다.
MVB Financial Corp. (NASDAQ: MVBF) a nommé Jeffrey Weidley au poste de Chief Deposit Officer. Dans son nouveau rôle à la MVB Bank, Weidley sera responsable du développement et de la mise en œuvre de stratégies visant à accroître la base de dépôts de la banque, à améliorer les relations avec les clients et à garantir la rentabilité des produits de dépôt.
Weidley apporte une expérience significative de son rôle précédent chez Sandy Spring Bank, où il a passé plus de 16 ans à superviser des initiatives de dépôts, de prêts et numériques dans divers départements. Il est titulaire d'un MBA de la Loyola University Maryland, d'un B.S. en affaires de la Johns Hopkins University et d'un certificat en leadership exécutif de la Wharton School. Il est actuellement membre du corps professoral de la Stonier Graduate School of Banking.
MVB Financial Corp. (NASDAQ: MVBF) hat Jeffrey Weidley zum Chief Deposit Officer ernannt. In seiner neuen Rolle bei der MVB Bank wird Weidley dafür verantwortlich sein, Strategien zur Erhöhung der Einlagenbasis der Bank zu entwickeln und umzusetzen, die Kundenbeziehungen zu verbessern und die Rentabilität der Einlageprodukte sicherzustellen.
Weidley bringt umfangreiche Erfahrungen aus seiner vorherigen Rolle bei Sandy Spring Bank mit, wo er über 16 Jahre lang verschiedene Abteilungen für Einlagen-, Kredit- und digitale Initiativen verantwortlich war. Er hat einen MBA von der Loyola University Maryland, einen Bachelor of Science in Business von der Johns Hopkins University und ein Zertifikat in Executive Leadership von der Wharton School. Derzeit ist er Mitglied der Fakultät der Stonier Graduate School of Banking.
- Strategic hire with extensive banking experience in deposits, lending, and digital initiatives
- Leadership addition focused on deposit growth and relationship enhancement
- New executive brings 16+ years of progressive banking experience
- None.
“We are pleased to welcome Jeff Weidley to the MVB family as a trusted partner on the financial frontier, committed to the success of our Team, clients, communities and shareholders,” said Larry F. Mazza, CEO, MVB Financial and MVB Bank.
“With his expertise in payments, commercial and consumer banking and his proven ability to drive growth, cultivate successful teams and lead impactful projects, Jeff will be an asset to Team MVB in this new role.”
At MVB, Weidley is responsible for developing and implementing strategies to grow and maintain MVB Bank’s deposit base, enhance client relationships and ensure the profitability and competitiveness of deposit products. He provides leadership to the teams fueling deposit-related activities, including MVB’s Commercial, Specialty Deposits, Banking Centers and Digital Banking teams.
Weidley joins MVB from Sandy Spring Bank, where he spent more than 16 years in progressively responsible positions overseeing deposit, lending and digital initiatives across Treasury Management, Omni-Channel, Business Banking & SBA and Commercial Banking. Prior to Sandy Spring, he served in both retail and commercial banking at SunTrust Bank.
He earned an MBA from Loyola University Maryland, a B.S. in Business from Johns Hopkins University and an Executive Leadership Certificate from The Wharton School of the University of
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.” 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.
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, 2023, 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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MEDIA CONTACT
VP, Corporate Communications & Marketing
MVB Bank
abaker@mvbbanking.com
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Amy Baker
INVESTOR RELATIONS
Marcie Lipscomb
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(844) 682-2265
Source: MVB Financial Corp.
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