Carter Bank Celebrates Half a Century of Exceptional Banking in 2024

Posted on: April 18, 2024

As Carter Bank & Trust approaches a significant milestone in 2024, marking 50 years of steadfast service and community engagement, we take a moment to reflect on our journey and the vision that has propelled us from our modest beginnings to becoming a cornerstone in the banking community of Virginia and North Carolina.


Founded in 1974 by Worth H. Carter, Jr., Carter Bank began its story as First National Bank in Rocky Mount, Virginia. With a pioneering spirit and a commitment to excellence, Mr. Carter, alongside eight original associates, set out to create a banking institution that prioritized the needs of its customers and the development of the communities it served. Among these trailblazers was Diane Hall, our first associate, who joined the team on April 6, 1974. Her dedication laid the groundwork for the culture of loyalty and service that defines Carter Bank & Trust today.

December 13, 1974, marked the opening of our first branch, setting in motion a legacy of growth and service. Under Mr. Carter’s leadership, ten different banks were founded throughout Virginia and North Carolina. These individual entities, each with its own story of community engagement and customer service, unified in 2006 under the banner of Carter Bank & Trust. This consolidation was a testament to our shared values and vision for the future of banking.

The legacy of our founder continued to guide us after Mr. Carter’s passing in 2017, with Litz Van Dyke taking the helm as CEO. Under his leadership, Carter Bank & Trust has continued to thrive, adapting to the ever-changing landscape of the banking industry while maintaining our core principles of trust, customer service, and community support.

In 2019, we reached another significant milestone by becoming a publicly traded company on the Nasdaq under the ticker CARE. This achievement underscored our commitment to transparency, growth, and the pursuit of excellence in all we do.

As we look forward to celebrating our 50th anniversary in 2024, Carter Bank & Trust is excited to announce a year-long celebration that includes appreciation days, associate features, the introduction of new products, and much more. We remain committed to the principles that have guided us from the beginning: serving our customers with integrity, supporting our communities, and building a legacy that future generations can be proud of.

Stay tuned for more information on our anniversary celebrations. We are eager to share this significant milestone with our valued customers and the communities that have supported us throughout the years. Here’s to celebrating half a century of exceptional banking and looking forward to the future with excitement and anticipation.

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