Loyalty Advantage Checking Account

A larger balance leads to a bigger payout with this special checking account

Lock in higher interest rates while enjoying many other perks 

Deposit more, earn more
As your balance increases, your interest increases with our tiered rates.
Save time
Open your account and manage it conveniently, anytime, all online.
Save money too!
Receive special loan discounts for maintaining a higher checking account balance.

The advantages in this account are numerous and valuable

Looking for a checking account that goes beyond the norm? Check out our Loyalty Advantage Checking Account. If you regularly maintain larger balances, you can earn interest at a higher rate while accessing all the convenient digital tools you need to manage your checking account. And we include several free resources to thank you for being loyal to Carter Bank. 

  • Tiered interest rate increases based on the total account balance
  • Maintain a daily account balance of $25,000 or more to avoid the $20 monthly fee 
  • An additional .125% rate discount on any new loan, except HELOC Modifications and CD Secured, with auto pay
  • Deposit and manage money using digital banking, over the phone or by visiting a Carter Bank branch
  • Free checks once per year when customer goes into a branch location or calls the customer Call Center
  • Free cashier’s checks
  • Free outgoing wire transfers
  • Access to thousands of surcharge-free MoneyPass® ATM Network locations nationwide


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.

Online and on the go

Keep tabs on your accounts with online banking and our mobile app.

Bank rules and regulations apply.  Interest rate and annual percentage yield may change. At our discretion, we may change the interest rate daily. Other fees, such as, non-sufficient funds, overdraft, consecutive days overdraft fees, etc. may apply.  See Fee Schedule for details. Fees may reduce earnings.

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