Carter Bank & Trust is a bank based in Martinsville, Virginia, established in 2006, with $4.8 billion in total assets across 66 branches. By Trust Grade it ranks 15th of 56 banks we track in Virginia. Its capital ratio of 10.1% trails most similarly sized banks (47th percentile), versus a Virginia median of 10.8%. It was profitable over the most recent period, with a 7.13% return on assets. No consumer complaints against Carter Bank & Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Carter Bank & Trust compares to Virginia peers
How we graded Carter Bank & Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.1% capital ratio)
- Strongly profitable (ROA 7.13%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Carter Bank & Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (66)
- 175 Warrenton Rd, Falmouth, VA 22405
- 400 Franklin St, Rocky Mount, VA 24151
- 141 Westover Dr, Danville, VA 24541
- 213 N Locust St, Floyd, VA 24091
- 116 E Midland Trl, Lexington, VA 24450
- 200 College St, Christiansburg, VA 24073
- 50 Boones Mill Rd, Boones Mill, VA 24065
- 307 S Main St, Gretna, VA 24557
- 550 Blue Ridge Ave, Bedford, VA 24523
- 9440 Franklin St, Ferrum, VA 24088
- 135 Scruggs Rd, Moneta, VA 24121
- 125 E Blue Ridge St, Stuart, VA 24171
- 220 N Main St, Hillsville, VA 24343
- 140 Tensbury Dr, Martinsville, VA 24112
- 128 Paul St, Collinsville, VA 24078
- 630 Fagg Dr, Eden, NC 27288
- 305 S Main St, Reidsville, NC 27320
- 140 S Main St, Chatham, VA 24531
- 3060 N Main St, Danville, VA 24540
- 140 Kentuck Rd, Danville, VA 24540
- 10407 Courthouse Rd, Spotsylvania, VA 22553
- 903 S Main St, Danville, VA 24541
- 1900 E Main St, Radford, VA 24141
- 105 King St, Blacksburg, VA 24060
- 325 E Spring St, Wytheville, VA 24382
- 749 E 2nd St, Chase City, VA 23924
- 1002 Virginia Ave, Clarksville, VA 23927
- 4013 Halifax Rd, South Boston, VA 24592
- 300 Dabney Dr Ext, Henderson, NC 27536
- 205 S Bickett Blvd, Louisburg, NC 27549
- 823 N Main St, Roxboro, NC 27573
- 3203 Waterlick Rd, Lynchburg, VA 24502
- 1728 Graves Mill Rd, Lynchburg, VA 24502
- 3132 Electric Rd, Roanoke, VA 24018
- 1111 E Washington Ave, Vinton, VA 24179
- 222 Main St, South Boston, VA 24592
- 55 Worth Ave, Stafford, VA 22556
- 70 Chatham Heights Rd, Fredericksburg, VA 22405
- 5715 W Gate City Blvd, Greensboro, NC 27407
- 6142 Al Philpott Hwy, Martinsville, VA 24112
Are deposits at Carter Bank & Trust insured?
Yes. Carter Bank & Trust is an FDIC-insured bank (FDIC certificate #58596). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Carter Bank & Trust: frequently asked questions
Is Carter Bank & Trust a good bank?
Carter Bank & Trust earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.1% capital ratio); Strongly profitable (ROA 7.13%).
Is Carter Bank & Trust FDIC-insured?
Yes. Carter Bank & Trust is a FDIC-insured bank (FDIC certificate #58596). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Carter Bank & Trust?
Carter Bank & Trust holds $4.8 billion in total assets, ranking 15th of 56 banks we track in Virginia. It operates 66 branches.
Does Carter Bank & Trust have CFPB complaints?
No CFPB complaints against Carter Bank & Trust appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
