Blue Ridge Bankshares, Inc. Announces Termination of Consent Order
On November 13, 2025, Blue Ridge Bankshares, Inc. (NYSE American: BRBS), the parent company of Blue Ridge Bank, National Association, announced an important regulatory update. The bank received notification from its principal regulator, the Office of the Comptroller of the Currency (OCC), stating that the Consent Order dated January 24, 2024, has been officially terminated.
A Testament to Team's Dedication
President and CEO G. William (Billy) Beale expressed his appreciation for the hard work and expertise displayed by the team's efforts to emerge from the regulatory oversight in fewer than 23 months. According to Beale, this accomplishment reflects the immense dedication of everyone involved and highlights the bank's commitment to improving its operations.
"Being released from the regulatory Consent Order in less than 23 months is a testament to the hard work and the expertise of our team. My thanks to those who led the effort," he stated."
This milestone allows Blue Ridge Bank to steer its focus back to community banking, where the company aims to enhance customer experiences and attract new loans and deposits. With the removal of the Consent Order, the bank gains increased ability and flexibility to expand and grow in its key markets.
Looking Ahead: Growth and Community Focus
In recent months, Blue Ridge Bank has shifted its strategy towards community banking, emphasizing an enhanced customer experience. This transition is crucial for attracting both borrowers and depositors, ultimately driving the bank's growth. The termination of the Consent Order opens new avenues for the bank to pursue further development initiatives and market expansion.
As part of its commitment to serving the community, Blue Ridge Bank offers a range of financial services tailored to meet diverse customer needs. These services encompass retail and commercial banking, investment and wealth management, and trust administration, including estate planning.
Blue Ridge Bank’s commitment to personalized services and community engagement has been a significant factor in its ongoing success. As the institution moves forward without the restrictions imposed by the Consent Order, its leadership aims to leverage this proactive approach to foster stronger relationships with clients and position the bank advantageously in the competitive landscape.
Conclusion
Blue Ridge Bankshares, Inc. is poised for a new era following the termination of the Consent Order. With a renewed focus on community engagement and customer service excellence, the bank is set to revitalise its market presence and drive sustainable growth. To learn more about their offerings and approach, visit
www.mybrb.com. Together with their team, Blue Ridge Bank looks forward to serving the needs of its community and enhancing its operations in the months and years to come.