Checking Accounts

Looking for the perfect account for daily money management?

Find everything you want at Carter Bank!

Lifetime Free™ Checking Account

No monthly fees, ever - with plenty of good ways to manage your money.

Lifetime Plus
Checking Account

Earn interest on your balance while using your account for everyday transactions, with no monthly fee.

50+ Interest
Checking Account

With your experience, you know a good deal when you see one in this checking account. 

Loyalty Advantage Checking Account

Maintain a larger balance to earn higher interest rates and receive an exclusive loan discount. 

Lifetime Free™ Checking
Lifetime Plus Checking
50+ Interest Checking
Loyalty Advantage Checking
Opening Deposit $100 $100 $100 $100
Minimum Daily Balance - - - -
Daily Minimum Balance Fee $0 $0 $0 $20* Waived if account balance is above $25,000
Unlimited Check Writing Yes Yes Yes Yes
Interest Bearing No Yes Yes Yes
Online Account Opening Available Yes No Yes Yes
FREE Debit Card Yes Yes Yes Yes
FREE Online and Mobile Banking with Carter on the Go Yes Yes Yes Yes
FREE Bill Pay with Carter on the Go Yes Yes Yes Yes
FREE Mobile Deposit with Carter on the Go Yes Yes Yes Yes
FREE eStatements with online check images Yes Yes Yes Yes
Instant Issue Debit Cards available in all branch locations Yes Yes Yes Yes

Lifetime Free™ Checking

Opening Deposit
$100
Minimum Daily Balance
-
Daily Minimum Balance Fee
$0
Unlimited Check Writing
Yes
Interest Bearing
No No
Online Account Opening Available
Yes
FREE Debit Card
Yes
FREE Online and Mobile Banking with Carter on the Go
Yes
FREE Bill Pay with Carter on the Go
Yes
FREE Mobile Deposit with Carter on the Go
Yes
FREE eStatements with online check images
Yes
Instant Issue Debit Cards available in all branch locations
Yes

Lifetime Plus Checking

Opening Deposit
$100
Minimum Daily Balance
-
Daily Minimum Balance Fee
$0
Unlimited Check Writing
Yes
Interest Bearing
Yes
Online Account Opening Available
No No
FREE Debit Card
Yes
FREE Online and Mobile Banking with Carter on the Go
Yes
FREE Bill Pay with Carter on the Go
Yes
FREE Mobile Deposit with Carter on the Go
Yes
FREE eStatements with online check images
Yes
Instant Issue Debit Cards available in all branch locations
Yes

50+ Interest Checking

Opening Deposit
$100
Minimum Daily Balance
-
Daily Minimum Balance Fee
$0
Unlimited Check Writing
Yes
Interest Bearing
Yes
Online Account Opening Available
Yes
FREE Debit Card
Yes
FREE Online and Mobile Banking with Carter on the Go
Yes
FREE Bill Pay with Carter on the Go
Yes
FREE Mobile Deposit with Carter on the Go
Yes
FREE eStatements with online check images
Yes
Instant Issue Debit Cards available in all branch locations
Yes

Loyalty Advantage Checking

Opening Deposit
$100
Minimum Daily Balance
-
Daily Minimum Balance Fee
$20* Waived if account balance is above $25,000
Unlimited Check Writing
Yes
Interest Bearing
Yes
Online Account Opening Available
Yes
FREE Debit Card
Yes
FREE Online and Mobile Banking with Carter on the Go
Yes
FREE Bill Pay with Carter on the Go
Yes
FREE Mobile Deposit with Carter on the Go
Yes
FREE eStatements with online check images
Yes
Instant Issue Debit Cards available in all branch locations
Yes

FAQs

Transaction fees vary based on the type of personal checking account. Please use the link below to view the current transaction fees on our Personal Checking page. Open your Carter checking account. Reliable checking accounts are a fantastic way to keep your money secure and accessible.

Fee Schedule | Business Checking 

We offer several options for you to open a Carter Bank checking account. You can complete an online application, schedule an appointment with one of our experienced bank associates, or visit a Carter Bank branch near you to open your Checking account. 

  • To be 18 years of age or older as the primary applicant. The primary applicant can add a joint owner to the application who is 15 or older.
  • To be a US Citizen or Permanent Resident
  • Your Social Security Number / Individual Taxpayer Identification Number
  • Government Issued Identification (Driver's License, State ID, or Passport)

If another person will be a joint owner on your accounts, they must enter and validate their personal information.

Debit Card Management is an online and mobile banking tool that gives you complete control and visibility over your Debit Card. With this service, you can easily turn your card access on and off, set up custom alerts, view recent transactions, manage your card usage, and do much more. 

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