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With $150M in new capital in hand, Blue Ridge Bank looks for more stable footing

The cleanup job continues at Blue Ridge Bank, and it just got eight figures worth of cash to help it get back on track.

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Blue Ridge Bank gets shareholder approval for $150M capital raise

The investors leading the raise include most notably Kenneth Lehman, who has a track record of propping up Richmond-area banks in need of capital.

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This Virginia bank wants to rewrite the rules for banking as a service

This Virginia bank wants to rewrite the rules for banking as a service
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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OCC says Blue Ridge in troubled condition over BaaS

OCC says Blue Ridge in troubled condition over BaaS
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Richmond banking recap for 2023: Atlantic Union, VACU in the spotlight

In a year when rising interest rates kept the banking industry on its toes, two of Richmond’s biggest financial institutions in particular grabbed repeated headlines.

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