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Blue Ridge Bankshares, Inc and Bay Banks of Virginia, Inc Complete Merger

CHARLOTTESVILLE, Va. and RICHMOND, Va., Feb. 1, 2021 /PRNewswire/ Blue Ridge Bankshares, Inc. (NYSE American: BRBS) ( Blue Ridge ), the parent holding company of Blue Ridge Bank, National Association, today announced the completion of the merger of Bay Banks of Virginia, Inc. (OTC: BAYK) ( Bay Banks ), the parent holding company of Virginia Commonwealth Bank, into Blue Ridge.  Following completion of the merger, Virginia Commonwealth Bank was merged into Blue Ridge Bank.  The former Virginia Commonwealth Bank branches assumed in the merger will continue to operate under the name Virginia Commonwealth Bank, a division of Blue Ridge Bank, until systems are converted in May 2021.

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