Business
Carter Bank Joins the Federal Reserve Bank of Richmond as a State Member Bank
MARTINSVILLE, Va., November 13, 2025--Carter Bankshares, Inc. (the "Company") (Nasdaq: CARE) today announced that Carter Bank, its wholly-owned banking subsidiary headquartered in Martinsville, Virginia, has received approval to become a state member bank and be regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Richmond. The Company is already regulated by the Federal Reserve Bank of Richmond. The Company and Carter Bank will also continue to b
About this update from Carter Bankshares, Inc.
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