About Us

           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 deposit.  The goal of our deposit services is to provide our customers with  a variety of products fit to their personal needs.  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 aggregation rules.

           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.  >>read more

Our History

           Carter Bank & Trust was formed on December 29, 2006 by the merger of 10 banks with 123 offices in Virginia and North Carolina. At the time, this merger created the largest independent state-chartered commercial bank with headquarters in the Commonwealth of Virginia. 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 Rocky Mount opened in Rocky Mount, VA with eight employees. This was the first bank created by Worth Harris Carter, Jr. of Martinsville and a group of prominent local business people. >>read more

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