On August 13, 2020, Blue Ridge Bankshares, Inc., the parent holding company of Blue Ridge Bank, and Bay Banks of Virginia, Inc., the parent holding company of Virginia Commonwealth Bank, announced a merger of equals, which will create a Virginia-based community bank with nearly $2.5 billion in total assets.
Scott Richter, Lee Lester, Nona Massengill, Marie Yascko-Rosado, Conrad Garcia and Anna Derewenda are guiding Bay Banks of Virginia in the merger process.
To find out more, you can read a press release from Bay Banks of Virginia here.