Business Savings Accounts

The road to long-term success includes a smart saving strategy

Build up your reserves with competitive rates and easy deposits

Add to your bottom line
Your money earns interest every day while you focus on other important matters.
Make it automatic
Push your savings to higher levels by scheduling transfers from your checking account.
Fast access to funds
Our Business Savings Account lets you tap into your reserves right when you need them.

Be prepared for anything the future might bring

Your Carter Bank checking account is designed to fund today's operations. On the other hand, your savings account helps you focus on tomorrow. By making regular deposits, you'll be in a better position to make major purchases, cover unexpected costs, launch your next initiative or do whatever it takes to keep your business one step ahead of the competition.

  • $50 minimum to open an account
  • Competitive interest rate*
  • Unlimited in-person withdrawals and transfers
  • Detailed quarterly statements
  • Access to Online and Mobile Banking tools


For contact information, including phone numbers, email addresses, and online inquiries, please visit our "Contact Us" page. You can also call us at (833.275.2228), or visit us at one of our locations. To find a location click here.

Finance your next move

Secure the funds you need to support business initiatives.

*Interest rate and annual percentage yield may change. At our discretion, we may change the interest rate daily. Fees may reduce earnings.

¹ Initial Annual Percentage Yield (APY) assumes, principal and interest remain on deposit until maturity. Interest is compounded daily and credited quarterly. To earn APY, the minimum balance must be $100.00. A penalty for early withdrawal will be imposed. Fees may reduce earnings. Annual Percentage Yield (APY) is accurate as of 12.15.23.

All promotional offers, products and services offered by CB&T are subject to updates, modifications and/or termination at any time.

² Rates subject to change. At our discretion, we may change the interest rate daily. Fees may reduce earnings. (This includes transfers for overdraft or insufficient funds transfers). The Annual Percentage Yield (APY) and balance for CB&T Premium Money Market Account are accurate as of 5.22.2023. APY is variable and subject to change based on the balance in the account; $0-$2,499.99 at 0.00% / $2,500-$24,999.99 at 0.26% / $25,000-$49,999.99 at 3.26% / $50,000-$99,999.99 at 3.37% / $100,000-$499,999.99 at 3.46% / $500,000-$999,999.99 at 3.56% / $1,000,000 and above at 4.01%. To earn the advertised APY, the minimum balance must be $25,000.00. Charges and fees may reduce earnings. Premium Money Market Account is available for personal and business customers.
$2,500 minimum balance to avoid fees. 30 day grace period to get to minimum balance.

Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.