BV Financial, Inc. Acquires MB Bancorp, Inc.

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Mar 02, 2020
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BALTIMORE, MD / ACCESSWIRE / March 2, 2020 / BV Financial, Inc. (OTC PINK:BVFL), announced today that it completed its acquisition of MB Bancorp, Inc. and its wholly owned subsidiary, Madison Bank, a Maryland chartered stock savings bank located in Forest Hill, Maryland. Based on January 31, 2020 financial information, the combined institution has approximately $404 million in assets, $312 million in deposits and $65 million in stockholders' equity and operates from ten banking offices located in the Baltimore metropolitan area.