Blue Ridge Bankshares, Inc. Completes Merger with Virginia Community Bankshares, Inc.
LURAY, Va., Dec. 16, 2019 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (OTC Pink: BRBS), headquartered in Luray, Va., announced today the completion of its merger with Central Virginia-based Virginia Community Bankshares, Inc. ("Virginia Community").
- LURAY, Va., Dec. 16, 2019 /PRNewswire/ -- Blue Ridge Bankshares, Inc. ("Blue Ridge") (OTC Pink: BRBS), headquartered in Luray, Va., announced today the completion of its merger with Central Virginia-based Virginia Community Bankshares, Inc. ("Virginia Community").
- Following completion of the merger, Virginia Community Bank, the subsidiary bank of Virginia Community, was merged into Blue Ridge's subsidiary bank, Blue Ridge Bank, National Association.
- The former Virginia Community Bank branches assumed in the merger will operate as Virginia Community Bank, a division of Blue Ridge Bank, National Association, until systems are converted at the end of January 2020.
- Pierce Stone, Andrew C. Holzwarth, and Mark W. Sisk, former members of the Virginia Community board of directors, have been appointed to the boards of Blue Ridge and Blue Ridge Bank.