MVB Financial Corp.OTCQB
May 1, 2015, 9:07 AM
- BB&T Corp. (NYSE:BBT) and Susquehanna Bancshares (NASDAQ:SUSQ) agree to sell two Susquehanna branches in Berkeley, West Virginia to MVB Bank (OTCQB:MVBF). The two have about $69M in deposits and $17M of loans.
- The two branches are being sold under BB&T's agreement with the DOJ and the Fed in order to get a green light for its Susquehanna acquisition.