MVB Financial Corp. announced the appointment of Jeffrey Weidley as its new Chief Deposit Officer. This executive addition is aimed at bolstering the company's deposit-gathering strategies.
Mr. Weidley is described as a seasoned banker with experience in the DC metro area. His expertise will be instrumental in overseeing initiatives designed to expand MVB’s deposit base.
The focus on growing the deposit base is a critical component of MVB's funding strategy. This appointment is expected to contribute to a more stable and diversified funding profile for the company.
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