Blue Ridge Bank Exits Regulatory Order, Focuses on Local Banking

Blue Ridge Bankshares, a Richmond, Virginia bank, has been released from a regulatory order following issues with its banking as a service program. The bank, once an example of problematic fintech partnerships, has now shifted focus to traditional community banking. With a new emphasis on local banking and hiring skilled risk management professionals, Blue Ridge Bank is poised for growth and success.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.