Saving At Any Age
04/09/2025
Saving is a habit, not a destination, and it's a habit that you can form at any age. Whether you are a parent trying to instill this habit in your children or want to change your saving behaviors, there are strategies that savers of all ages can develop.
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How to Save Automatically
04/07/2025
The easiest and most effective way to save is automatic. Think about it, this saving automatically is the same way that millions of employees save through 401(k) and other retirement programs at work. So, taking that same concept? that you can "set it and forget it" and adjust to money going directly into savings would work for ANY savings goal you have? including saving for an emergency fund, homeownership, education, or even a vacation.
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Bank Day 2025 Recap
03/31/2025
This month, branches across our footprint hosted high school seniors for VBA Bank Day! These high school seniors can win up to $7,500 in scholarships from the Virginia Bankers Association by writing an essay on their experience. We can't wait to read about what these students learned about how we serve our communities and ways these students can manage their financial future.
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Bank Day 2025
02/10/2025
Blue Ridge Bank is excited to partner with the Virginia Bankers Association Education Foundation (VBA) to offer seniors a unique scholarship opportunity in March called Bank Day.
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Strong U.S. Productivity and Consumer Activity Despite Global Uncertainty
02/06/2025
In 2024, global GDP grew 3.1%, driven by easing inflation and higher household incomes, with central banks adopting accommodative policies. The S&P 500 surged 31%, fueled by strong economic fundamentals and investor optimism. Looking to 2025, the OECD projects 3.2% global GDP growth, with continued disinflation and stronger private sector confidence. U.S. growth is expected at 2.5%, with inflation near 2% and gradual interest rate cuts. Financial services and energy sectors are poised to perform well under the new administration. Risks include potential U.S. tariffs and China's weak consumer sentiment, which could affect global trade and European economies.
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