MVB Financial Corp. said it redeemed all $40 million of its 4.25% fixed-to-floating rate subordinated notes due 2030 on March 2, 2026. The notes were bearing a floating rate of three-month term SOFR plus 401 basis points, or 7.67% as of the redemption date, and the redemption was funded with a mix of a $20 million revolving line of credit and cash on hand.

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