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MVB Bank
United States
1999 (26 Years)
Last online: No recent activity
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know MVB Bank
Company Information
Get to know MVB Bank
MVB Bank provides community banking services to individuals and corporate clients. Its deposit products include checking accounts, NOW accounts, money market and savings accounts, and time certificates of deposit. The company’s loan products comprise commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, real estate construction loans, and consumer loans. It also provides debit cards and safe deposit rental facilities, as well as mortgage banking and wealth management services. In addition, the company offers non-deposit investment products through an association with a broker-dealer; and correspondent lending services for other community banks. Further, it provides insurance products, such as title, individual, commercial, employee benefits, and professional liability insurance products. The company offers its services through its walk-in offices, automated teller machines, drive-in facilities, and Internet and telephone banking. As of December 31, 2013, it operated nine full-service banking branches in Marion, Harrison, Monongalia, Jefferson, and Berkley counties, West Virginia, as well as loan production offices in Harrison and Kanawha Counties in West Virginia. MVB Financial Corp. was founded in 1997 and is based in Fairmont, West Virginia.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Wealth Management
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