Carter Bank & Trust is the largest state
chartered community bank in the state of Virginia,
with more than 1,000 employees and $4.06 billion in
deposits as of December 31, 2012.
We operate 123 branches in our market areas
of Virginia and North Carolina.
We offer a full range of deposit services
including LIFETIME FREE CHECKING, NOW accounts,
savings accounts, retirement accounts and other
deposit accounts of various types, ranging from
money market accounts to longer-term certificates of
The goal of our deposit services is to provide our
a variety of products fit to their personal
We provide competitive interest rates that provide a
good return on our customers investment.
All of our deposit accounts are insured by
the FDIC up to the maximum amount allowed by law,
which is currently $250,000 per depositor subject to
In addition to our deposit services, we also offer a
full range of commercial and consumer loan products.
Our loans are structured to meet the business
needs of the customer.
In comparison to other financial
institutions, the process of originating and closing
a loan with us is straight-forward and transparent.
We make loans in amounts as low as $500 and
as high as $50,000,000.
Carter Bank & Trust was formed on December 29, 2006 by the
merger of 10 banks with 123 offices in
At the time, this merger created the largest independent
state-chartered commercial bank with headquarters in the
Banks merged to form Carter Bank & Trust were Blue Ridge Bank,
N.A., Floyd; Central National Bank, Lynchburg; Community
National Bank, South Boston; First National Bank, Rocky Mount;
First National Exchange Bank, Roanoke; Mountain National Bank,
Galax; Patrick Henry National Bank, Bassett; Patriot Bank, N.A.,
Stafford; Peoples National Bank, Danville; and Shenandoah
National Bank, Staunton.
On December 13, 1974, an office of the
First National Bank of
with eight employees. This was the first bank created by Worth
Harris Carter, Jr. of
and a group of prominent local business people.
In The News
May 15, 2012 -
Worth Carter Receives Honorary Doctorate
May 7, 2012 - The
Hank Norton Center: '...It's about Ferrum'
June 30, 2011 -
Banker: Recovery Will Take Years
May 5, 2011 -
Fundraiser to Benefit Wounded Marine
April 14, 2011 -
Blacksburg council to take up budget on April 26
June 2010 -
Crafting a Core from Scratch
June 24, 2010 -
Carter: Regulations Expensive for Banks
June 25, 2009 -
Bank's Earnings Soar for 1st Quarter
December 10, 2008 -
Shell Building Contract OK'd
September 9, 2008 -
School's Success Belongs to Everyone
June 29, 2008 -
Local Banker: Economic Problems "Severe"
May 30, 2008 -
FDIC Special Alerts
May 17, 2007 -
May 17, 2007 -
Awards Honor Achievements, Innovations of
December 31, 2006 -
Carter Bank Formed
August 1, 2006 -
Banks to Merge
January 7, 2004 -
Agency Counsels Those Saddled with Post
July 17, 2002 -
Bank Growth, Plans Described