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BRBS - Blue Ridge & Bay Banks of Virginia shareholders approve merger
Blue Ridge Bankshares Inc.
Shareholders of both Blue Ridge Bankshares (BRBS) , the parent holding company of Blue Ridge Bank, National Association, and Bay Banks of Virginia (BAYK), the parent holding company of Virginia Commonwealth Bank, approved the earlier announced merger of Bay Banks into Blue Ridge.As of Sep.30, 2020, the combined company would have ~$2.8B in assets, $1.9B in deposits, and $2.1B in loans.