MVB Financial Appoints Glen W. Herrick to Enhance Strategic Growth and Innovation

MVB Financial Welcomes Glen W. Herrick to Board of Directors

MVB Financial Corp. announces the appointment of Glen W. Herrick to its Board of Directors, a move that promises to bolster the company's strategic capabilities in the evolving financial services landscape. Herrick brings over 30 years of experience in banking and fintech, making him a significant asset to MVB as it navigates its growth initiatives. The company, which operates MVB Bank, Inc. and provides a wide range of financial services in the Mid-Atlantic region, is poised to benefit from Herrick's extensive expertise in corporate finance and strategic development.

W. Marston “Marty” Becker, Chairman of the Board, expresses enthusiasm regarding Herrick's appointment, noting his impressive track record in both traditional banking and innovative fintech solutions. Herrick's previous role as Chief Financial Officer at Pathward Financial, a leading Banking as a Service (BaaS) provider, equips him with a unique perspective on integrating technology into banking operations. His founding of Pathward Ventures highlights his commitment to fostering financial technology innovation, which is increasingly relevant as MVB seeks to enhance its service offerings and customer experience.

Prior to his tenure at Pathward, Herrick spent 20 years at Wells Fargo, where he held senior positions that included managing the $34 billion Education Finance Division. His military background as a U.S. Army officer and his academic credentials, including a B.S. in Engineering Management from West Point and an MBA from the University of South Dakota, further reinforce his qualifications. Herrick's active involvement with various boards, including Central Bank (IA) and educational initiatives such as the creation of the first Fintech academic major at Augustana University, demonstrates his commitment to the future of banking and finance.

In addition to Herrick's appointment, MVB Financial operates as a key player in the Mid-Atlantic financial services market, focusing on a diverse client base that includes individual and corporate clients. The company continues to emphasize innovation and strategic growth, aiming to adapt to the rapid changes within the financial sector.

MVB Financial Corp. remains dedicated to enhancing its offerings and expanding its reach in the banking industry. With the addition of Herrick to the Board, the company is well-positioned to leverage his insights and experience to navigate the complexities of today’s financial environment. For more information about MVB Financial and its initiatives, interested parties can visit the company's investor relations website.