Tag : national bank subsidiary

Blue Ridge Bank, N.A. (the “Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), increased its minimum pay rate from $15 to $17 per hour, a 13.3% increase. This increase went into effect October 1, 2021. This minimum hourly pay rate is substantially above the Commonwealth of Virginia’s minimum hourly wage rate of $9.50 and......