BV Financial and MB Bancorp Announce Updated Targeted Closing Date of Pending Merger

Jan 31, 2020

BALTIMORE, MD and FOREST HILL, MD / ACCESSWIRE / January 31, 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 the merger between BV Financial and MB Bancorp is expected to close later in the first quarter of 2020. As previously announced, all regulatory approvals relating to the merger of MB Bancorp with and into BV Financial have been received and remain in full force and effect. MB Bancorp shareholders previously approved the merger at a special meeting of shareholders on December 17, 2019.

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