| Ticker | CARE |
| Long Name | Carter Bankshares, Inc. |
| Short Name | Carter Bankshares, Inc. |
Bank
Business Profile
CARE
Finance
Financial Services
Major Banks
Regional US Banks
Russell 2000
Russell 3000
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US
Wilshire 5000
Carter Bankshares, Inc. (CARE) Business Profile
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, online account opening, mobile deposit, mobile banking, debit cards, e-statements, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. The company operates through 92 branches in Virginia and North Carolina. The company was founded in 1974 and is headquartered in Martinsville, Virginia. The company trades on NMS exchange. The company headquarter is located in Martinsville, United States.