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Carter Bank and Trust

Carter Bankshares, Inc. is the bank holding company for Carter Bank & Trust, offering retail and commercial banking products and insurance services in the United States. Its deposit products include checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company provides commercial loans (secured and unsecured, real estate construction and acquisition, and commercial and industrial), consumer loans (automobiles, home improvements, education, overdraft protection, personal, and residential mortgages), home equity lines of credit, and credit cards, and it originates and holds fixed and variable rate mortgage loans. Additional services include safe deposit boxes, direct deposit, debit cards, online and mobile banking, bill payment, electronic statements, mobile deposit, Zelle, credit monitoring, digital wallet, MoneyPass, ATM services, title insurance, and treasury and corporate cash management. Founded in 1974, Carter Bankshares is headquartered in Martinsville, Virginia.

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Carter Bank & Trust declares quarterly dividend of 10 cents per share

Carter Bank & Trust declared a quarterly cash dividend of $0.10 per share. The dividend is in line with the previous payout and carries a forward yield of 1.22%. It will be paid on August 24 to shareholders of record as of August 10, with the ex-dividend date also set for August 10.
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