Blue Ridge Bank Hires Banking Veteran Steve Farbstein as First Chief Development Officer
March 23 2021 - 3:28PM
Business Wire
Blue Ridge Bank, N.A. (the “Bank”), the national bank subsidiary
of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announced
today the hiring of Steve Farbstein as the Bank’s first Chief
Development Officer (CDO).
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the full release here:
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Steve Farbstein, Chief Development
Officer of Blue Ridge Bank (Photo: Business Wire)
Farbstein is responsible for growing and maintaining the Bank’s
multiple lines of revenue, specifically non-interest income lines
of business, as well as marketing and employee development. He is
based out of the Bank’s Richmond office along with Brooke Ullman,
the former Creative Director for The Federal Reserve Bank of
Richmond, who joined the Bank last week as Director of
Marketing.
“Steve is widely known throughout the region as a principled,
measured, and thoughtful leader,” said Brian K. Plum, President
and Chief Executive Officer of Blue Ridge Bank. “The Bank’s
growth creates both the opportunity and resources to invest in team
development. He has a passion for great culture, and his leadership
will be invaluable as we continue improving upon our culture and
business practices. Steve will play a critical role in helping us
unlock existing potential and capturing all that’s possible with
our multiple business lines. His addition is a force multiplier for
our team.”
Farbstein has more than 30 years of financial and professional
services experience. Prior to joining Blue Ridge Bank, he was Vice
President of Business Development at Cornerstone RPO, a leader in
talent acquisition solutions and one of the most diverse RPO
(Recruitment Process Outsourcing) companies in the United States.
He was previously Head of Mortgage Banking at Park Sterling Bank
(Now South State Bank) and StellarOne Bank.
“Blue Ridge Bank’s recent merger and forward-thinking business
strategies have put them on a major growth trajectory,” said
Steve Farbstein. “I was particularly drawn to Brian’s vision of
multi-channel revenue streams for the bank and how my skills and
background can help bring that vision to fruition. What I’m looking
forward to most as CDO is playing a key role in Blue Ridge’s
rapidly-evolving brand and culture.”
Farbstein, who started on March 15, is the former Chair of the
Mortgage Executives Committee at The Virginia Bankers Association
and The Richmond Mortgage Bankers Association. He recently finished
his term as the National Chair for The March of Dimes National
Volunteer Leadership Council where he has volunteered for more than
30 years.
About Blue Ridge Bank:
Blue Ridge Bank, N.A. is the wholly-owned banking subsidiary of
Blue Ridge Bankshares, Inc. Through its subsidiaries and
affiliates, Blue Ridge Bank provides a wide range of financial
services including retail and commercial banking, payroll,
insurance, card payments, wholesale and retail mortgage lending,
and government-guaranteed lending. The bank provides commercial
banking services to customers located throughout Virginia and North
Carolina. Visit mybrb.com to learn more.
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version on businesswire.com: https://www.businesswire.com/news/home/20210323006002/en/
Jon Amar jon@onwordstrategic.com
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