Even with the federal government shutdown ended, MVB Bank knows members of our communities are still experiencing financial hardship. We want to help you.
MVB Bank is pleased to offer short-term loans at a 2.5% Annual Percentage Rate (APR) to those who were furloughed or missed a paycheck during the recent federal government shutdown.
Who is eligible to participate?
Anyone who has been affected by the federal government shutdown is eligible for the MVB Government Shutdown Loan Program. Those who wish to participate must show income verification: proof of their most recent direct deposit or paystubs.
What are the details of the available loans?
Minimum Loan Amount: $1,000
Maximum Loan Amount: $10,000
Interest Rate: 2.5% APR
When are payments due?
An initial payment due date will be set 90 days from the origination of the loan.
For more information, please call our Client Experience Center at 844-MVB-BANK (844-682-2265) or visit one of our banking centers.