Blue Ridge Bankshares, Inc. Announces Termination of Consent Order
Blue Ridge Bankshares (NYSE American: BRBS) announced that the Office of the Comptroller of the Currency has terminated the Consent Order dated January 24, 2024.
The company said the Bank was released from the Consent Order in less than 23 months, and management said the termination increases the Bank's ability and flexibility to grow, attract new loans and deposits, and focus on community banking and customer experience.
Blue Ridge Bankshares (NYSE American: BRBS) ha annunciato che l'Ufficio del Controllore della Valuta ha annullato l'Ordine di Consenso datato 24 gennaio 2024.
L'azienda ha detto che la Banca è stata liberata dall'Ordine di Consenso in meno di 23 mesi, e la direzione ha affermato che la cessazione aumenta la capacità e la flessibilità della Banca per crescere, attrarre nuovi prestiti e depositi, e concentrarsi sul banking di comunità e sull'esperienza del cliente.
Blue Ridge Bankshares (NYSE American: BRBS) anunció que la Oficina del Contralor de la Moneda ha terminado la Orden de Consentimiento con fecha del 24 de enero de 2024.
La compañía indicó que el banco quedó liberado de la Orden de Consentimiento en menos de 23 meses, y la dirección señaló que la finalización aumenta la capacidad y la flexibilidad del banco para crecer, atraer nuevos préstamos y depósitos, y centrarse en la banca comunitaria y la experiencia del cliente.
Blue Ridge Bankshares (NYSE American: BRBS)가 통화감독청(OCC)이 2024년 1월 24일자 동의명령을 종료했다고 발표했습니다.
회사에 따르면 은행은 23개월이 채 안 되는 기간에 동의명령으로부터 해제되었으며, 경영진은 이 해제가 은행의 성장, 새로운 대출 및 예금 유치, 지역사회 은행업 및 고객 경험에 더욱 집중할 수 있는 능력과 유연성을 높인다고 말했습니다.
Blue Ridge Bankshares (NYSE American: BRBS) a annoncé que l'Office of the Comptroller of the Currency a mis fin à l'Ordre de Consentement daté du 24 janvier 2024.
La société a indiqué que la banque a été libérée de l'Ordre de Consentement en moins de 23 mois, et la direction a déclaré que la résiliation augmente la capacité et la flexibilité de la banque à croître, attirer de nouveaux prêts et dépôts, et se concentrer sur la banque communautaire et l'expérience client.
Blue Ridge Bankshares (NYSE American: BRBS) gab bekannt, dass das Office of the Comptroller of the Currency die Consent Order vom 24. Januar 2024 aufgehoben hat.
Das Unternehmen sagte, dass die Bank wesentlich unter 23 Monaten aus dem Consent Order befreit wurde, und das Management sagte, dass die Aufhebung die Fähigkeit und Flexibilität der Bank erhöht, zu wachsen, neue Kredite und Einlagen zu gewinnen und sich auf Community Banking und Kundenerlebnis zu konzentrieren.
Blue Ridge Bankshares (NYSE American: BRBS) أعلن أن مكتب مراقب العملة قد أنهى أمر الموافقة المؤرخ 24 يناير 2024.
وقالت الشركة إن البنك أُطلق من أمر الموافقة في أقل من 23 شهراً، وأضافت الإدارة أن إنهاء الأمر يزيد من قدرة البنك ومرونته للنمو وجذب قروض وودائع جديدة والتركيز على الخدمات المصرفية المجتمعية وتجربة العملاء.
- Consent Order dated January 24, 2024 terminated by OCC
- Bank released from Consent Order in less than 23 months
- None.
President and Chief Executive Officer, G. William ("Billy") Beale, stated, "Being released from the regulatory Consent Order in less than 23 months is a testament to the hard work and the expertise of our team. My thanks to those who led the effort.
"Months ago, we turned our attention to community banking with a focus on improving our customer experience while attracting new loans and deposits. Release from the Consent Order increases our ability and flexibility to grow and expand in our key markets."
About Blue Ridge Bankshares, Inc.:
Blue Ridge Bankshares, Inc. is the holding company for Blue Ridge Bank and BRB Financial Group, Inc. The Company, through its subsidiaries and affiliates, provides a wide range of financial services including retail and commercial banking. The Company also provides investment and wealth management services and management services for personal and corporate trusts, including estate planning and trust administration. Visit www.mybrb.com for more information.
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SOURCE Blue Ridge Bankshares, Inc.
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