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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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Veteran banker Billy Beale comes out of retirement to lead Blue Ridge Bank

Veteran banker Billy Beale comes out of retirement to lead Blue Ridge Bank
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