Comparison

First Exchange Bank vs MVB Mobile Banking

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

First Exchange Bank

Manage your bank accounts on the go. Deposit checks, view balances, transfer funds, and pay bills directly from your mobile device. Easily locate nearby branches and ATMs.

Highlights
  • Deposit checks
  • Check account balances
  • Search recent transactions
  • Transfer funds between accounts
  • Pay bills
  • Find branches and ATMs
Read full description

First Exchange's Mobile Banking allows you to deposit checks, check balances, make transfers, pay bills, and find branch and ATM locations. Accounts -Check your latest account balance and search recent transactions. Transfers -Transfer cash easily between your First Exchange Bank accounts Bill Payments -Pay your current bills right from your phone. Deposits -Deposit checks from your iPhone or iPad. Locations -Find branches and ATMs closest to you. Available to all First Exchange Bank's First Link online banking customers. (Standard mobile web fees may apply. Contact your mobile provider for more details.)

About

MVB Mobile Banking

Safely access your bank accounts on the go. Manage balances, transfer funds, deposit checks, pay bills, and set alerts. Business clients can also create and send payments and manage user permissions.

Highlights
  • Check account balances
  • Transfer money
  • Deposit checks
  • Pay bills
  • Set alerts
  • Manage debit cards
  • Business payment creation
Read full description

With the MVB Mobile App, you can safely and securely access your Online Banking accounts anytime, anywhere. Our mobile app is free to download and allows you to conveniently check your account balances, transfer money, manage budgets, deposit checks, set alerts, pay bills, access statements and manage debits cards. Business clients also have the ability to create and send payments and manage user permissions from anywhere using the mobile app. New to Online Banking? Go to mvbbanking.com or visit a branch to enroll in any of MVB Bank’s Online and Mobile services today! Contact Us: You may contact us with any questions about the MVB Mobile App via our toll-free number 888-684-5332.

Screenshots

First Exchange Bank4 screens
MVB Mobile Banking4 screens

Verdict

The call

The clearest difference is ads: MVB Mobile Banking at none against First Exchange Bank's shown. MVB Mobile Banking also leads on monetization model (free vs free with in-app purchases). First Exchange Bank's advantage is rating (4.8 vs 4.5) and review sentiment (94% vs 79%). On price, ratings volume, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

First Exchange Bank holds the better App Store score, 4.8 against 4.5. Both are backed by a comparable volume of ratings — 592 and 208 respectively. Written reviews point the same way: 94% of First Exchange Bank's written reviews are positive against 79% of MVB Mobile Banking's.

UpkeepUpdate frequency

First Exchange Bank ships an update every 3 months, MVB Mobile Banking every 7 months. The most recent releases landed on September 21, 2026 and September 10, 2026 respectively.

Scorecard5 real differences · 5 level
First Exchange Bank versus MVB Mobile Banking: the parameters behind the verdict, then further details
ParameterFirst Exchange BankMVB Mobile Banking
PriceFreeFree
Rating4.8 (592 ratings) — better4.5 (208 ratings)
Positive reviews93.8% of reviews — better78.9% of reviews
Number of ratings592 — better208
Update frequencyEvery 3 months — betterEvery 7 months
AdsYesNo — better
In-app purchasesNoNo
MonetizationFree with in-app purchasesFree — better
DevicesiPhone, iPadiPhone, iPad, Apple Watch — better
Requires iOS17.016.0 — better
Further details — not scored
Size99 MB44 MB
Age rating4+17+
DeveloperFirst Exchange BankMVB BANK

Customer experience

First Exchange Bank

All ratings527 ratings
Positive95.8%
Neutral2.1%
Negative2.1%
Written reviews16 reviews
Positive93.8%
Neutral0.0%
Negative6.3%

MVB Mobile Banking

All ratings185 ratings
Positive87.0%
Neutral3.8%
Negative9.2%
Written reviews38 reviews
Positive78.9%
Neutral7.9%
Negative13.2%

User reviews

First Exchange Bank

From 592 App Store ratings

What we love

  • 👍 Like family, considerate
  • 👍 Great service, helpful people
  • 🚀 Easy mobile deposits
  • 👍 Convenient banking from anywhere
  • 👍 Useful and good app

MVB Mobile Banking

From 208 App Store ratings

What we love

  • 👍 Easy to use
  • 👍 User-friendly
  • 🔒 Safe and secure
  • 🚀 Convenient
  • 👍 Helpful app

Room to improve

  • 🐛 Glitches and slow updates
  • 🐛 Pending transactions for days
  • 🐛 Alerts are delayed
  • 🐛 Not user friendly
  • 🐛 Too many clicks

Bugs and requests

First Exchange Bank

Requested features

2 requests
  • Add notation for deposit purposes (business accounts)
  • Show payment due/paid status for notes

MVB Mobile Banking

Reported bugs

18 issues
  • Check accounts at night totals can be way off
  • Available funds updates can be very slow and concerning
  • May not see the deposit of a check for 24 hours
  • Setting up permissions and users is tough and complicated
  • App is awful since update/change
Show 13 more
  • Stuff always shows pending for days
  • Alerts are 1-2 days behind
  • Account is never up to date
  • Transactions will appear/ disappear
  • Available balance is always thrown off
  • Bank account disconnects from other accounts
  • Hard time connecting to the bank server
  • Cannot see what each transaction is from anymore
  • Everything loads slower
  • Looks worse
  • Falls well short of previous app in terms of ease of use, user friendliness, and overall presentation
  • How many times does a user need informed to select an account to view details?
  • Should be options to turn nuisance notifications off

Requested features

2 requests
  • Needs to work with empower personal dashboard
  • Can I have 100,000 dollars now?

In-app purchases

None

First Exchange Bank

No in-app purchases

None

MVB Mobile Banking

No in-app purchases

Questions

Is First Exchange Bank free?
First Exchange Bank is free to download, with no in-app purchases.
Is MVB Mobile Banking free?
MVB Mobile Banking is free to download, with no in-app purchases.
Which has better reviews, First Exchange Bank or MVB Mobile Banking?
First Exchange Bank is rated higher. First Exchange Bank averages 4.8 out of 5 from 592 ratings, while MVB Mobile Banking averages 4.5 from 208 ratings.
Do First Exchange Bank or MVB Mobile Banking have ads?
First Exchange Bank shows ads; MVB Mobile Banking does not.
Which is updated more often, First Exchange Bank or MVB Mobile Banking?
First Exchange Bank ships an update every 3 months, and MVB Mobile Banking every 7 months. Most recently, First Exchange Bank was updated on September 21, 2026 and MVB Mobile Banking on September 10, 2026.

Other comparisons