Blue Ridge Bank Expands Middle Market Banking Effort
By: Blue Ridge Bank
“Doug is the ideal leader for us to expand our efforts in the middle market space,” said Brian K. Plum, Chief Executive Officer of the Bank. “We look for leaders with integrity, an entrepreneurial spirit, and a passion for service to customers and teammates. Doug brings those attributes in abundance. He provides a solid foundation on which to build and capitalize on significant opportunities in our current and future markets.”
“To successfully launch this division, we are focused on hiring the right people in the right markets who can provide exceptional service and focus on the needs of businesses to help them grow and succeed,” said Doug Riddle, Executive Vice President, Managing Director of Corporate and Middle Market Banking. in addition to Doug, the bank has added the following commercial bankers that will help lead this effort to serve operating companies with revenues of $15 million and greater.
“When done well, the commercial banking business is all about relationships and providing advice, capital and tools that will benefit our clients and help them build, manage, and grow their businesses. The team we have recruited has done this their whole careers and I am excited that they have chosen to join me at Blue Ridge Bank. We will continue to add to our team in these and other markets.” said Riddle.
The Bank was named the "Best Small Bank in Virginia" in Newsweek's ranking of America's Best Banks 2022. Newsweek's ranking recognizes the financial institutions that best serve their customers' needs in each state. Additionally, the Bank recently received a 5-star rating from Bauer Financial, the nation's leading independent bank rating firm. The 5-star rating denotes a "Superior" rating.
About Blue Ridge Bank, N.A.
Blue Ridge Bank, N.A., is the wholly owned banking subsidiary of Blue Ridge Bankshares, Inc. Through its subsidiaries and affiliates, Blue Ridge Bank provides a wide range of financial services including retail and commercial banking, insurance, card payments, wholesale and retail mortgage lending, and government-guaranteed lending. Blue Ridge also provides investment and wealth management services and management services for personal and corporate trusts, including estate planning, and trust administration. Visit www.mybrb.bank for more information.
Michelle Simon, Director of Corporate Communications & PR, Blue Ridge Bank. N.A.