Bank · FDIC insured
Carter Bank Savings Rates
Carter Bank’s best savings rate is 1.75% APY on $10,000, with its Premium Money Market Account. Rates checked October 22, 2026.
How Carter Bank’s savings 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
1.75%APY
- Minimum
- —
- Earns on $10,000 a year
- $175
Premium Money Market Account
Top rate
Beacon Credit Union
4.00%APY
- Minimum
- $100
- Earns on $10,000 a year
- $400
2nd-highest rate
Freedom First
3.25%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $325
Carter Bank savings score
89
Savings score
Higher than 86% of U.S. banks and credit unions
- $1,000 balance$1,0001.75%
- $10,000 balance$10,0001.75%
- $100,000 balance$100,0001.75%
- QualifiedQualified1.75%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Carter Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Premium Money Market Account
1.75%APY
Fees may reduce earnings. Rate may change after account opening. Offers and products are subject to updates, modifications, and/or termination at any time after account opening.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFees may reduce earnings. Rate may change after account opening. Promotional offers, products and services are subject to updates, modifications and/or termination at any time after account opening.Any balance | 1.75% | $175 | Fees may reduce earnings. Rate may change after account opening. Promotional offers, products and services are subject to updates, modifications and/or termination at any time after account opening. |
Sources (5)
- carterbank.com/personal/bank/i…idual-retirement-account
- carterbank.com/personal/bank/money-market-account
- carterbank.com/personal/bank/s…s/carter-savings-account
- carterbank.com/personal/bank/s…s/christmas-club-account
- carterbank.com/personal/bank/certificates-of-deposit
All captured Oct 22, 2026
Special-purpose accounts
Christmas Club Account
4.00%APY · 1 term
Christmas Club season runs annually from October 21 through October 20 of following year. Maximum deposit capped at $5,000 per year. Early withdrawal not allowed without full account closure (forfeits accrued interest). Funds distributed via ACH on October 20. Rate may change after account opening.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsAnnual season runs from October 21 through October 20. Max annual deposit $5,000. Early closure forfeits accrued interest | 4.00% | — |
Sources (2)
- carterbank.com/personal/bank/savings-accounts
- carterbank.com/personal/bank/s…s/christmas-club-account
All 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.