The Board of Directors of MVB Financial Corp. (Nasdaq: MVBF) today announced the appointment of Dan Holt as a Member of its Board of Directors, effective immediately.

Holt is Co-Founder and CEO of BillGO, a bill payment engine that offers real-time payments, revenue and automation to payment providers. Under his leadership, BillGO has become the top bill payments engine in the financial industry.

"I welcome Dan to the MVB Financial Corp. family and look forward to working with him to help propel MVB on its growth journey," said Larry F. Mazza, President and CEO, MVB Financial Corp. "Dan brings with him to the Board fintech expertise that will serve us well as that sector continues to bring fast-paced change to the banking industry."

After serving eight years in the U.S. Air Force, Holt held several leadership positions in Silicon Valley. For eight years, his team at HEIT built the leading cloud services company for the financial industry. Upon its acquisition, Holt led CSI's technology and services as President and General Manager. During his tenure, CSI became the largest secure banking cloud for community banks and credit unions.

Holt has served on boards for Allied Payment Network, Dragnet Solutions and Community Funded, and he mentors students in Colorado State University's Entrepreneurship Program. He earned certifications as a Project Management Professional, Certified Information Systems Security Professional and GIAC Systems and Network Auditor. He is also part of the Fed Secure Payments Task Force. Holt holds a bachelor's degree from the University of Maryland and an MBA from Colorado State University.

"We welcome Dan as a Director, and know his strong background will assist MVB as we continue to expand geographically and in complexity in an ever-changing fintech environment," said Stephen R. Brooks, Chair, MVB Financial Corp. Board of Directors.

Holt's Board term is subject to the approval of the shareholders of MVB at the 2018 annual meeting.

About MVB Financial Corp.

MVB Financial Corp. ("MVB Financial" or "MVB"), the holding company of MVB Bank, is publicly traded on The Nasdaq Capital Market® under the ticker "MVBF."

MVB is a financial holding company headquartered in Fairmont, W.Va. Through its subsidiary, MVB Bank, Inc., and the bank's subsidiary, MVB Mortgage, the company provides financial services to individuals and corporate clients in the Mid-Atlantic region.

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For more information about MVB, please visit ir.mvbbanking.com.