Bank · FDIC insured
Carter Bank CD Rates
A $4.8B bank, the 288th largest of 4,207, headquartered in Martinsville, VA, with 66 branches in 2 states.
How Carter Bank’s CD rates compare
Compared with banks and credit unions near Roanoke, VA, where Carter Bank has the most branches. $10,000, best rate first.
This bank’s best
Carter Bank
3.85%APY
- Term
- 11 months
- Minimum
- $100
- Earns on $10,000
- $352
Personal Certificate of Deposit (CD) Specials
Top rate
Freedom First
4.65%APY
- Term
- 13 months
- Minimum
- $5,000
- Earns on $10,000
- $505
2nd-highest rate
Beacon Credit Union
4.35%APY
- Term
- 6 months
- Minimum
- $2,500
- Earns on $10,000
- $215
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Personal Certificate of Deposit (CD) Specials
Up to 3.85%APY · 4 terms
Limited time promotional offer. Certificates of Deposit Compounded daily, credited quarterly on the anniversary date. Penalties for early withdrawals: For maturities of less than one year, a 30-day interest penalty will be assessed. For maturities of one year or more, a 90-day interest penalty will be assessed. Fees may reduce earnings. Initial Annual Percentage Yield (APY) assumes, principal and interest remain on deposit until maturity. All promotional offers, products and services offered by CB&T are subject to updates, modifications and/or termination at any time.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 4 monthsPromotional rate available on Personal 4 Month Promo CD | 3.66% | $121 |
| 7 monthsPromotional rate available on Personal 7 Month Promo CD | 3.75% | $217 |
| 11 monthsPromotional rate available on Personal 11 Month CD/IRA Special | 3.85% | $352 |
| 23 monthsPromotional rate available on Personal 23 Month CD/IRA Special | 3.60% | $701 |
Sources (1)
- carterbank.com/rates · captured Oct 22, 2026
Personal Certificate of Deposit (CD/IRA) Term
Up to 0.55%APY · 7 terms
Certificates of Deposit Compounded daily, credited quarterly on the anniversary date. Penalties for early withdrawals: For maturities of less than one year, a 30-day interest penalty will be assessed. For maturities of one year or more, a 90-day interest penalty will be assessed. Fees may reduce earnings. Initial Annual Percentage Yield (APY) assumes principal and interest remain on deposit until maturity.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 0–6 monthsTerm: 14-179 Days. Min Balance to Earn APY: $2,500 | 0.08% | $0 |
| 6–12 monthsTerm: 180 Days-1 Year. Min Balance to Earn APY: $2,500 | 0.14% | $7 |
| 12–24 monthsTerm: 1-2 Year. Min Balance to Earn APY: $100 | 0.35% | $35 |
| 24–36 monthsTerm: 2-3 Year. Min Balance to Earn APY: $100 | 0.38% | $76 |
| 36–48 monthsTerm: 3-4 Year. Min Balance to Earn APY: $100 | 0.45% | $136 |
| 48–60 monthsTerm: 4-5 Year. Min Balance to Earn APY: $100 | 0.50% | $202 |
| 60 monthsTerm: 5 Year. Min Balance to Earn APY: $100 | 0.55% | $278 |
Sources (1)
- carterbank.com/rates · captured Oct 22, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.