MVB Financial Corp (WV) acquires Pennsylvania office
August 01, 2005
MVB Financial Corp. (“MVB”), Fairmont, West Virginia has announced the signing of a definitive purchase agreement to acquire the Charles Town, West Virginia branch office of Susquehanna Bancshares, Inc. The branch office is located at 88 Somerset Boulevard in Charles Town. As of May 31, the branch office had approximately $16.7 million in deposits. Terms of the transaction were not disclosed. The parties anticipate closing the transaction in the fourth quarter of 2005. The Carson Medlin Company is serving as financial advisor to MVB in this transaction.
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