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Carter Bank (CARE) is celebrating its 50th anniversary in 2024, marking 50 years of growth from a single branch in Rocky Mount, VA to over 60 locations across Virginia and North Carolina. CEO Litz Van Dyke emphasizes the bank's commitment to building meaningful relationships with the community and plans to celebrate with various events and activities throughout the year.
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MARTINSVILLE, VA / ACCESSWIRE / January 3, 2024 / Carter Bank (NASDAQ:CARE) is set for a big year in 2024, as the community bank headquartered in Martinsville is celebrating its 50th anniversary.
The Bank, founded by Worth H. Carter Jr., first opened its doors on Dec. 13, 1974, with a single branch in Rocky Mount, Va. In the 50 years since, Carter Bank has grown to a leading community bank in the region, with more than 60 locations across Virginia and North Carolina.
"We are proud to be celebrating 50 years of community banking," said Litz Van Dyke, CEO of Carter Bank. "To be able to celebrate five decades in business is quite the accomplishment and a true testament to the vision of Mr. Carter and his belief in building meaningful relationships with the people and communities we serve. We're committed to continuing this legacy for many years to come."
To celebrate the milestone, Carter Bank is planning a series of events and activities throughout the year, including hosting customer events, sharing stories, introducing new products and more.
"We've got a lot in the works for 2024, and I believe our customers will really see that we are here for the long haul," said Van Dyke. "We remain committed to our purpose of creating opportunities for more people and businesses to prosper, and we look forward to celebrating with our customers, employees, and communities."
More information about Carter Bank's 50th anniversary celebration will be released throughout the year.
About Carter Bank & Trust
Headquartered in Martinsville, Va., Carter Bank & Trust is a $4.4 billion, state-chartered community bank with branches throughout Virginia and North Carolina. Since 1974, Carter Bank has strived to create opportunities for people and businesses to prosper. Additional information about Carter Bank & Trust is available at www.CBTCares.com.
When was Carter Bank founded and where is it headquartered?
Carter Bank was founded in 1974 and is headquartered in Martinsville, VA.
How many locations does Carter Bank have?
Carter Bank has over 60 locations across Virginia and North Carolina.
Who is the CEO of Carter Bank?
The CEO of Carter Bank is Litz Van Dyke.
What is the ticker symbol for Carter Bank?
The ticker symbol for Carter Bank is CARE.
What is Carter Bank planning to do to celebrate its 50th anniversary?
Carter Bank is planning a series of events and activities throughout the year, including hosting customer events, sharing stories, introducing new products, and more.
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, and personal investment; real estate construction and acquisition loans; and home equity lines of credit, 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, mobile banking, debit cards, e-statements, and automated drafts for various accounts; insurance products; and treasury services. as of november 23, 2020, the company had 92 branch
