Carolina State Bank, a division of Blue Ridge Bank, appointed Alex Jung its North Carolina market president. Jung has more than 25 years of consumer, commercial and mortgage banking experience.
Blue Ridge Bankshares agreed to acquire and Virginia Community Bankshares (VCB), the parent holding company of Virginia Community Bank, in a transaction valued at approximately $42.5 million in aggregate.
Blue Ridge Bankshares has appointed Elise Peters Carey, Donald R. Vaughan, and Carolyn J. Woodruff to its board of directors with Peters Cary serving as vice-chair. Peters Cary, Vaughan, and Woodruff also serve on the board of directors for Carolina State Bank, a division of Blue Ridge Bank.
Blue Ridge Bank hired Gary R. Shook as president and chief banking officer. He will be based in Charlottesville, VA and join the board of directors as a member.