Blue Ridge Bank

What Blue Ridge Bank does

Blue Ridge Bank, N.A. is a Virginia-based regional community bank operating under the publicly-traded holding company Blue Ridge Bankshares, Inc. (NYSE American: BRBS). Founded in 1893 and headquartered in Charlottesville, the bank serves individual consumers, seniors (55+), and small-to-mid-sized businesses through a multi-branch Virginia network complemented by iOS/Android mobile apps and an online banking platform. Its product set spans personal checking and savings (including the Kasasa reward products and Golden Advantage senior program), personal credit cards, personal loans, business checking and savings, treasury management with fraud-prevention tools, business credit cards, commercial loans and letters of credit, and wealth/trust/life insurance through the BRB Wealth, BRB Trust, and BRB Life sub-brands.

The bank generates revenue primarily through net interest income (the spread between interest earned on loans and interest paid on deposits) supplemented by non-interest income from account fees, card interchange, wire and service charges, treasury management, and wealth/trust services. Distribution relies on physical branches, digital channels, and direct-relationship commercial bankers accessed via an online find-a-banker tool. Customer concentration is broadly diversified across consumer, senior, SMB, nonprofit, and mid-market commercial segments, with no single anchor enterprise disclosed.

Following an OCC Consent Order issued in January 2024 against the bank subsidiary over fintech depository operations, management executed a strategic pivot: a $150 million private placement in December 2023, a $161.6 million capital raise in Q2 2024, sale of the mortgage division, and wind-down of fintech/BaaS deposits. The OCC Consent Order was terminated in November 2025 after less than 23 months, returning the bank to profitability (full-year 2025 net income of $10.7 million versus a $15.4 million loss in 2024) and enabling capital returns via special cash dividends. Leadership transitioned in March 2026 with the retirement of CEO G. William Beale and the appointment of Harry Golliday, formerly Chief Credit Officer, as Interim CEO and President.

Name

Blue Ridge Bank

Legal name

Blue Ridge Bankshares, Inc.

Website

https://mybrb.com

Company type

Public

Founded year

1893

Operating status

Operating

Headcount range

251–500 employees

Short description

Blue Ridge Bank is a Virginia-based regional community bank offering personal and commercial banking, treasury management, and wealth/trust services to consumers, seniors, and SMBs across a multi-branch network and digital channels under publicly-traded parent Blue Ridge Bankshares (NYSE American: BRBS).

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Credit Card Issuing (52221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

akta.pro secondary industries

Credit Cards & Revolving Credit (FSABAAAC), Wealth Lending & Margin / Securities-Backed Lines (Retail) (FSAAAAAN)

Keywords

• Community banking services
• Commercial lending
• Personal deposit accounts
• Treasury management solutions
• Wealth and trust services

Headquarters

HQ city

Luray

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Traditional banking revenue from spread between interest earned on loans and interest paid on deposits
2. Non-Interest Income: Fee income from various banking services including account fees, credit card fees, wire transfers, and other service charges
3. Recovery and Fee Income: Revenue from recoveries and fee-based services, as evidenced by Q3 2025 results showing net income of $5.6 million driven by recoveries and fee income

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Blue Ridge Bank is a Virginia-based community bank providing personal and commercial banking products including checking, savings, CDs, money market and retirement accounts, personal and business credit cards, auto loans, home equity lines of credit, personal term loans, business loans, letters of credit, and treasury management services. It also offers wealth management, trust, and life insurance services through BRB Wealth, BRB Trust, and BRB Life, distributed through physical branches and digital banking channels.

Product overview

Blue Ridge Bank is a regional community bank offering a comprehensive suite of personal and commercial banking products through a traditional branch and digital banking platform. The product portfolio spans personal checking (First Honor, Golden Advantage, Kasasa Cash, Simply Checking, Student Banking) and savings products (CDs, HSAs, IRAs, Money Market, Youth Savings), personal credit cards (Edge, Summit), personal loans (Auto, HELOC, Term Loans), and business banking services (Business Checking, Business Savings, Treasury Management, Business Credit Cards, Business Loans). The bank also offers specialized sub-brands including Golden Advantage for customers 55+, Kasasa reward products, and Wealth & Trust services (BRB Wealth, BRB Trust, BRB Life). Digital banking is available via iOS and Android mobile apps alongside online banking, with ancillary tools including Personal Finance Manager for financial planning.

Differentiator

Problem solved

Functional benefit

Brands

• BRB Wealth: Wealth management services
• BRB Trust
• BRB Life
• Kasasa
• Golden Advantage

Products and services

• Personal Checking Personal checking account products including First Honor Checking, Golden Advantage Checking, Kasasa Cash Checking, Simply Checking, and Student Banking for individual consumers.
• Personal Savings Personal savings products including Certificates of Deposit (CDs), Health Savings Accounts (HSAs), Individual Retirement Accounts (IRAs), Money Market Accounts, Personal Savings Accounts, and Youth Savings Accounts.
• Personal Credit Cards Personal credit card offerings including the Edge Credit Card and Summit Credit Card with associated benefits programs for individual consumers.
• Personal Loans Personal lending products including Auto Loans, Home Equity Line of Credit, and Personal Term Loans for individual consumers.
• Kasasa Products Reward-based checking and savings program featuring Kasasa Cash Checking and Kasasa Saver with high-yield interest rates and ATM fee reimbursements.
• Golden Advantage Senior-focused banking program for customers age 55 and better offering exclusive checking, certificates of deposit, and money market accounts with special benefits and discounts.
• Business Checking Commercial checking accounts including Business with Interest, Charitable Checking, Commercial Analysis, EZ Business Checking, IOLTAs, Small Business Checking, and Zero Balance Checking for businesses and nonprofits.
• Business Savings Business savings products including Business Certificates of Deposit (CDs), Business Money Market Accounts, Business Retirement Accounts, and Business Savings Accounts.
• Treasury Management Cash management services including Cash Management, Fraud Prevention Tools, Online Banking, Payables, and Receivables for business customers.
• Business Credit Cards Commercial credit card products including Multi Card and Small Business Credit Cards for business customers.
• Business Credit and Loans Commercial credit facilities including Business Loans and Letters of Credit for business customers.
• BRB Wealth Wealth management services offered through the bank for investment and financial planning needs of high-net-worth individuals.
• BRB Trust Trust services for estate planning, trust administration, and fiduciary services for high-net-worth individuals and families.
• BRB Life Life insurance and related financial products offered through the bank's wealth and trust division.

Quantifiable outcome

• Q1 2026 net income of $0.8 million, first full quarter after consent order release
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• LPL FinancialminorStrategic or Co-development PartnerLPL Financial form CRS disclosed on website indicating partnership for investment/wealth management services integration.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Virginia National Bankshares: Headquartered in Charlottesville, VA — same home market as Blue Ridge Bank — and similarly a small community bank with personal and commercial banking focus. Most directly comparable regional competitor.
• Old Point Financial: Small Virginia-based community bank holding company (Old Point National Bank) with similar product mix and regional community banking orientation, comparable in scale.
• F&M Bank (Farmers & Merchants Bank): Timberville, VA-based community bank with similar Shenandoah Valley footprint, comparable size, and traditional retail/commercial banking model.
• First National Corporation: Staunton, VA-based community bank holding company (First Bank) with similar size, community banking model, and Virginia footprint. Directly comparable in scale and product mix.
• National Bankshares: Small Virginia community bank holding company (National Bank of Blacksburg) with similar community banking model, comparable asset size, and regional Virginia operating focus.
• Carter Bankshares: Martinsville, VA-headquartered community bank with similar asset size and recent regulatory turnaround narrative. Comparable in product mix and Virginia concentration.

Emerging players

• Live Oak Bancshares: Digital-forward community bank that, like Blue Ridge, has navigated fintech/BaaS partnerships and returned focus to core community banking. Comparable narrative on regulatory pivot and digital community banking.

Broad incumbents

• Citizens Financial Group: Large regional commercial bank with significant Virginia presence competing for the same SMB and consumer deposits and loans, though at materially larger scale.
• Atlantic Union Bankshares: Largest Virginia-headquartered bank holding company with similar retail/commercial banking focus and regional Virginia presence, but materially larger scale and broader footprint.
• TowneBank: Virginia-based regional bank offering similar personal and commercial banking products in overlapping Virginia geographies, though larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MyBlueRidgeBank
• YouTubeyoutube.com/channel/UCPmVM0qeotXkG3bt212AvLQ
• Facebookfacebook.com/myblueridgebank
• LinkedInlinkedin.com/company/blue-ridge-bank-virginia
• Instagraminstagram.com/myblueridgebank

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blue Ridge Bank