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Routing Number:  051403957

Worth Harris Carter, Jr.

Worth H. Carter, Jr.Worth Harris Carter, Jr. passed away on April 7, 2017. He was devoted to his family, friends, employees, stockholders, Board of Directors, and his bank's customers. His work ethic was truly legendary. Although interested in sports, particularly the University of Virginia and Liberty University athletics, anyone who knew him realized his real hobby was work. His ability to focus on issues until they were solved was second to none.

Not only did he love his family and friends, he also loved the people who worked for his banks over the years. He always made the time to care for and counsel them whenever they needed help or advice. Despite the pressures of his job, he was always soft-spoken and kind to everyone. He was one of a kind and a true gentleman. Those who were lucky enough to know him will be forever blessed and will never forget him.

Mr. Carter was a 1955 graduate of Hermitage High School in Richmond, VA. He received a BA in Political Science and History from the University of Richmond in 1958, and attended the University of Virginia Law School from 1958 to 1960.

From 1953 to 1960 Mr. Carter worked as a cashier for Safeway Stores in Richmond and Charlottesville. He was a bank examiner for the Federal Reserve Bank of Richmond examining banks in Virginia, West Virginia, Maryland, North Carolina, and South Carolina from 1960 to 1964. From 1964 to 1973 he served as the Vice President and Comptroller at Piedmont Trust Bank in Martinsville, VA.

From 1973 to 1998, Mr. Carter organized and opened ten new Virginia-based community banks: First National Bank of Rocky Mount in 1974; Patrick Henry National Bank, Bassett in 1976; Peoples Bank of Danville in 1976; Blue Ridge Bank, Floyd in 1978; South Boston Bank in October 1985; Central National Bank, Lynchburg in 1996; Mountain National Bank, Galax in 1996; Patriot Bank NA, Stafford in 1996; Shenandoah National Bank, Staunton in 1996; and First National Exchange Bank, Roanoke in 1998. These banks merged on December 29, 2006 to create Carter Bank & Trust, based in Martinsville.

Worth H. Carter, Jr - born 1937, died 2017Mr. Carter was Chairman of the Board and CEO of Carter Bank & Trust. His first bank opened on December 13, 1974 with 1 office, 8 employees and 1.2 million in capital and total assets. At the time of his death, Carter Bank & Trust consisted of 123 offices in Virginia and North Carolina with approximately 975 employees, capital in excess of $434 million and total assets of approximately $4.5 billion.

Mr. Carter also founded these bank subsidiaries and served as President and Chairman of the Board of each: Mortgage Company of Virginia, Inc.; Bank Services of Virginia, Inc.; Bank Services Insurance; and Coresoft, Inc.

Always believing in the importance of education, Mr. Carter served on the boards of Martinsville City Schools - 21 years (11 years as Chairman); Averett University - 8 years; Ferrum College - 8 years; Mary Baldwin College - 8 years; and the University of Richmond - 4 years.

Among many others, Mr. Carter received these recognitions: the Alumni Distinguished Service Award from the University of Richmond in 2002; the 2004 Heck Ford Award from the Martinsville/Henry County Chamber of Commerce honoring lifetime achievement of leadership, commitment and dedication to promoting economic growth in Martinsville and Henry County; a National award as the 2010 Technology Innovator of the Year from "Bank Technology News" as the result of developing a core software platform for bank use; and an Honorary Doctor of Business Degree from Liberty University in 2012.

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