CARE - Carter Bankshares, Inc.
Carter Bankshares, Inc.
1300 Kings Mountain Road
Martinsville, VA 24112
United States
276 656 1776
https://www.cbtcares.com
Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 667
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Litz H. Van Dyke | CEO & Director | 1.03M | N/A | 1964 |
| Ms. Phyllis Q. Karavatakis | Vice Chairman | N/A | N/A | 1956 |
| Ms. Wendy S. Bell | Chief Financial Officer | 603.61k | N/A | 1964 |
| Mr. Matthew M. Speare | Sr. Exec. VP & COO | 510.93k | N/A | 1968 |
| Mr. Tony E. Kallsen | Sr. Exec. VP | 469.99k | N/A | 1968 |
| Mr. John Richard Spiker II | Sr. Exec. VP | N/A | N/A | 1967 |
| Mr. A. Loran Adams | Exec. VP & Director of Regulatory Risk Management | N/A | N/A | 1962 |
| Joyce A. Parker | Sec. | N/A | N/A | N/A |
| Misty Powell | Assistant VP | N/A | N/A | N/A |
| Bill Hubble | VP and Managing Officer of Blacksburg Office | N/A | N/A | N/A |
Description
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.
Corporate Governance
Carter Bankshares, Inc.’s ISS Governance QualityScore as of May 30, 2023 is 6. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 7; Compensation: 5.
