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                          May 9, 2023

       David M. Flair
       Co-President and Chief Executive Officer
       BV Financial, Inc.
       7114 North Point Road
       Baltimore, Maryland 21219

                                                        Re: BV Financial, Inc.
                                                            Amendment No. 1 to
Registration Statement on Form S-1
                                                            Filed April 24,
2023
                                                            File No. 333-270496

       Dear David M. Flair:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our April
11, 2023 letter.

       Amendment No. 1 to Registration Statement on Form S-1

       Our inability to generate core deposits may cause us to rely more
heavily on wholesale funding
       strategies, page 18

   1.                                                   We note your response
to prior comment 8 and reissue in part. Consistent with your
                                                        disclosure on pages 30
and 33, please expand your risk factor to further clarify the
                                                        significant increase in
your dependence on Federal Home Loan Bank borrowings. In this
                                                        regard, we note the
trend in increased borrowings from $12.0 million at December 31,
                                                        2022 to $37.5 million
at March 31, 2023.

             You may contact Michael Henderson at 202-551-3364 or Robert Klein,
Accounting
       Branch Chief, at 202-551-3847 if you have questions regarding comments
on the financial
 David M. Flair
BV Financial, Inc.
May 9, 2023
Page 2

statements and related matters. Please contact John Stickel at 202-551-3324 or
James Lopez,
Office Chief, at 202-551-3536 with any other questions.



FirstName LastNameDavid M. Flair                          Sincerely,
Comapany NameBV Financial, Inc.
                                                          Division of
Corporation Finance
May 9, 2023 Page 2                                        Office of Finance
FirstName LastName