Brief: Blue Ridge Bankshares On Jan 24, Blue Ridge Bank, National Association, Unit Of Blue Ridge Bankshares Consented To Issuance Of Order By OCC
25/01/2024 22:38
Blue Ridge Bankshares Inc BRBS.A :
* BLUE RIDGE BANKSHARES: ON JAN 24, BLUE RIDGE BANK,
NATIONAL
ASSOCIATION, UNIT OF BLUE RIDGE BANKSHARES CONSENTED TO ISSUANCE
OF ORDER BY OCC
* BLUE RIDGE BANKSHARES INC: ORDER REPLACES FORMAL WRITTEN
AGREEMENT ENTERED INTO BY BANK WITH OCC ON AUGUST 29, 2022
* BLUE RIDGE BANKSHARES: AS RESULT OF ORDER, UNIT IS DEEMED
TO BE
IN "TROUBLED CONDITION," WILL NOT BE "ELIGIBLE BANK" FOR
PURPOSES OF 12 C.F.R. § 5.3
Source text for Eikon: ID:
Further company coverage: BRBS.A
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