Bank · FDIC insured
Carter Bank
A $4.8B bank, the 288th largest of 4,207, headquartered in Martinsville, VA, with 66 branches in 2 states. Best rates: savings 1.75% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: only special-purpose accounts (IRA, youth) are published. Auto loans: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all). Credit cards: no rates found on its website.
- CDs—3.85%CD rates →
- Savings891.75%at $1,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Carter Bank
Carter Bank opened its first branch in Rocky Mount and has been in business for 50 years.
The bank operates more than 70 locations across North Carolina, Virginia, and South Carolina.
- Headquarters
- 4 Commonwealth Blvd E, Martinsville, VA 24112
- FDIC certificate
- 58596 ↗
Branches
66 branches in 2 states
Loading map…
Virginia
51 branches
Roanoke area · 9
- Boones Mill Branch50 Boones Mill Rd, Boones Mill, VA 24065Directions
- Ferrum Branch9440 Franklin St, Ferrum, VA 24088Directions
- Westlake Branch135 Scruggs Rd, Moneta, VA 24121Directions
- Cave Spring Branch3132 Electric Rd, Roanoke, VA 24018Directions
- Hershberger Rd Branch1722 Hershberger Rd Nw, Roanoke, VA 24012Directions
- Roanoke Branch30 Franklin Rd Sw, Roanoke, VA 24011Directions
- Rocky Mount Branch400 Franklin St, Rocky Mount, VA 24151Directions
- Electric Road Branch1400 Electric Rd, Salem, VA 24153Directions
- Vinton Branch1111 E Washington Ave, Vinton, VA 24179Directions
Martinsville area · 6
- Carter Bank & TrustMain office4 Commonwealth Blvd E, Martinsville, VA 24112Directions
- Bassett-Stanleytown Branch380 Riverside Dr, Bassett, VA 24055Directions
- Collinsville Branch128 Paul St, Collinsville, VA 24078Directions
- 220 South Branch140 Tensbury Dr, Martinsville, VA 24112Directions
- Laurel Park Branch6142 Al Philpott Hwy, Martinsville, VA 24112Directions
- Horsepasture Office166 Horsepasture Price Rd, Ridgeway, VA 24148Directions
Lynchburg area · 6
- Bedford Branch550 Blue Ridge Ave, Bedford, VA 24523Directions
- Forest Road Branch1621 Forest Rd, Bedford, VA 24523Directions
- Graves Mill Branch1728 Graves Mill Rd, Lynchburg, VA 24502Directions
- Langhorne Branch2018 Tate Springs Rd, Lynchburg, VA 24501Directions
- Waterlick Road Branch3203 Waterlick Rd, Lynchburg, VA 24502Directions
- Madison Heights Branch4498 S Amherst Hwy, Madison Heights, VA 24572Directions
Blacksburg area · 6
- Blacksburg Branch105 King St, Blacksburg, VA 24060Directions
- Christiansburg Branch200 College St, Christiansburg, VA 24073Directions
- Market Place Branch370 Arbor Dr, Christiansburg, VA 24073Directions
- Floyd Branch213 N Locust St, Floyd, VA 24091Directions
- Memorial Drive Branch998 Memorial Dr, Pulaski, VA 24301Directions
- Radford Branch1900 E Main St, Radford, VA 24141Directions
Danville area · 6
- Chatham Branch140 S Main St, Chatham, VA 24531Directions
- 58 East Branch140 Kentuck Rd, Danville, VA 24540Directions
- North Danville Branch3060 N Main St, Danville, VA 24540Directions
- Riverside Drive Branch141 Westover Dr, Danville, VA 24541Directions
- South Main Branch903 S Main St, Danville, VA 24541Directions
- Gretna Branch307 S Main St, Gretna, VA 24557Directions
Washington area · 5
- Falmouth Branch175 Warrenton Rd, Falmouth, VA 22405Directions
- Chatham Heights Branch70 Chatham Heights Rd, Fredericksburg, VA 22405Directions
- Route 3 Branch1204 Bragg Rd, Fredericksburg, VA 22407Directions
- Route 208 Branch10407 Courthouse Rd, Spotsylvania, VA 22553Directions
- Route 610 Office55 Worth Ave, Stafford, VA 22556Directions
Charlottesville area · 3
- Charlottesville Branch1330 Parham Cir, Charlottesville, VA 22902Directions
- Gardens Boulevard Branch800 Gardens Blvd, Charlottesville, VA 22901Directions
- Preston Avenue Branch300 Preston Avenue, Charlottesville, VA 22902Directions
South Boston area · 2
- Centerville Branch4013 Halifax Rd, South Boston, VA 24592Directions
- Downtown South Boston Branch222 Main St, South Boston, VA 24592Directions
Chase City area · 1
- Chase City Branch749 E 2nd St, Chase City, VA 23924Directions
Clarksville area · 1
- Clarksville Branch1002 Virginia Ave, Clarksville, VA 23927Directions
Galax area · 1
- East Galax Branch543 E Stuart Dr, Galax, VA 24333Directions
Hillsville area · 1
- Hillsville Branch220 N Main St, Hillsville, VA 24343Directions
Independence area · 1
- Independence Office Branch449 E Main St, Independence, VA 24348Directions
Lexington area · 1
- Lexington Branch116 E Midland Trl, Lexington, VA 24450Directions
Stuart area · 1
- Stuart Branch125 E Blue Ridge St, Stuart, VA 24171Directions
Wytheville area · 1
- Wytheville Branch325 E Spring St, Wytheville, VA 24382Directions
North Carolina
15 branches
Greensboro area · 5
- Highway 14 Branch630 Fagg Dr, Eden, NC 27288Directions
- Adams Farm Branch5715 W Gate City Blvd, Greensboro, NC 27407Directions
- Greensboro Branch1201 Battleground Ave, Greensboro, NC 27408Directions
- Westridge Branch3305 Battleground Ave, Greensboro, NC 27410Directions
- Main Street Branch305 S Main St, Reidsville, NC 27320Directions
Charlotte area · 3
- Morehead Street Branch500 E Morehead St Ste 150, Charlotte, NC 28202Directions
- Lake Norman Branch249 Williamson Rd, Mooresville, NC 28117Directions
- Plaza Drive Branch231 E Plaza Dr, Mooresville, NC 28115Directions
Raleigh area · 2
- Louisburg Branch205 S Bickett Blvd, Louisburg, NC 27549Directions
- Raleigh Atrium Branch2501 Blue Ridge Road, Raleigh, NC 27607Directions
Winston-Salem area · 2
- Knollwood Branch380 Knollwood Street, Winston-Salem, NC 27103Directions
- Winston Salem Branch - Stratford Rd536 S Stratford Rd, Winston-Salem, NC 27103Directions
Henderson area · 1
- Dabney Drive Branch300 Dabney Dr Ext, Henderson, NC 27536Directions
Mount Airy area · 1
- Independence Boulevard Branch507 Willow St, Mount Airy, NC 27030Directions
Durham area · 1
- North Main Branch823 N Main St, Roxboro, NC 27573Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 11.73% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 1.01% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 3.66% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $89 | $88 | — |
- CapitalLeverage ratio11.73%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent1.01%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets3.66%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$89Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Carter Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.