BV Financial and MB Bancorp Announce Receipt of Reguatory Approvals and Targeted Closing Date of Pending Merger

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Jan 21, 2020
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BALTIMORE, MD and FOREST HILL, MD / ACCESSWIRE / January 21, 2020 / BV Financial, Inc. (OTC Pink:BVFL), the parent company of BayVanguard Bank, and MB Bancorp, Inc. (OTC Pink:MBCQ), the parent company of Madison Bank of Maryland, announced today that all regulatory approvals relating to the merger of MB Bancorp with and into BV Financial have been received. MB Bancorp shareholders previously approved the merger at a special meeting of shareholders on December 17, 2019. The merger is targeted to close on or about January 31, 2020.