<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>bvfinancialexb99sept21.txt
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                                                                    EXHIBIT 99.1


Contact:
-------
Edmund T. Leonard
Chairman of the Board and Chief Financial Officer
(410) 547-1088



                                BV FINANCIAL, INC.
                        ANNOUNCES DATE OF ANNUAL MEETING

     Baltimore, Maryland. September 21, 2007. - BV Financial, Inc. (OTCBB: BVFL)
today announced that its annual meeting of stockholders will be held at the
Courtyard Marriott Hotel, 1671 West Nursery Road, Linthicum, Maryland on
Thursday, November 1, 2007.

     BV Financial, Inc. is the parent company of Bay-Vanguard Federal Savings
Bank. Bay-Vanguard Federal Savings Bank is headquartered in Baltimore, Maryland
with four other branches in the Baltimore metropolitan area. The Bank is a full
service community-oriented financial institution dedicated to serving the
financial service needs of consumers and businesses within its market area.
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