Virginia bank pursues middle market division, ready to compete for talent
By: Lauren Ohnesorge - Triangle Business Journal
Virginia-based Blue Ridge Bank is establishing a middle-market banking division with its sights set on the Triangle, the Triad and Charlotte.
Doug Riddle, the new Raleigh-based managing director of corporate and middle market banking, said the $2.7 billion community bank has been working to develop a middle market commercial strategy across its markets for some time.
“[The Triangle] is definitely one of the top markets we have identified,” he said.
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