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Bank holding company: Carter Bank & Trust (CARE) (1974)

Carter Bank & Trust (NASDAQ:CARE) was established in 1974 and is headquartered in Martinsville, Virginia. It has 977 full-time employees and provides a range of retail and commercial banking products and services in Virginia and North Carolina.

Carter Bank Trust

Carter Bank & Trust (CARE):

Headquartered in Martinsville, Virginia, Carter Bank & Trust is a state community bank in Virginia. As of June 30, 2020, it has total assets of US$4.2 billion. The company has 99 branches in Virginia and North Carolina with more than 970 employees.

Carter Bank & Trust provides a full range of deposit accounts, including the company’s signature product “Lifetime Free Checking”, free online banking and mobile banking, online account opening, and competitive business, small business and personal loans product and service. Carter Bank & Trust also has a free online and mobile banking service “Carter on the Go”.

Carter Bank & Trust specific products and services:

  • Checking accounts, savings accounts, retirement and money market accounts, and long-term deposit certificates.
  • Loans, such as secured and unsecured commercial loans; secured and unsecured consumer loans for automobiles, home improvement, education, and personal investment; real estate construction and acquisition loans; fixed-rate and floating-rate mortgages; and insurance products .
  • Provide safe deposit boxes, direct deposits of payroll and social security checks, and automatic money orders for various accounts.

As of May 18, 2020, Carter Bank & Trust operates 99 branches.

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