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Key Insights The considerable ownership by individual investors in Carter Bankshares indicates that they collectively...
A Virginia bank says it will delay plans to auction off land at West Virginia Gov. Jim Justice’s posh resort in an attempt to recover more than $300 million on defaulted business loans by the governor's family. In a filing Friday in Greenbrier County Circuit Court, Carter Bank & Trust of Martinsville, Virginia, said it will reschedule the March 5 auction to a later date, the Charleston Gazette-Mail reported. The bank also asked that a hearing set for Tuesday be postponed on a request by the Gr...
Attorneys for the family of West Virginia Gov. Jim Justice are seeking to block a Virginia bank from plans to auction off land at the governor's posh resort to recover more than $300 million on defaulted business loans. A complaint seeking an injunction was filed Wednesday on behalf of the Greenbrier Sporting Club in White Sulphur Springs. The filing in Greenbrier County Circuit Court said the auction would jeopardize thousands of jobs and “severely damage” both the club and the Greenbrier Res...
The digital banking solution is designed to help businesses improve efficiencies with escrow and subaccount management. MARTINSVILLE, VA / ACCESSWIRE / February 1, 2024 / Carter Bank (NASDAQ:CARE), a leading community bank with branches throughout ...
Annual Earnings Dip as Loan Issues Weigh on Financials
MARTINSVILLE, VA / ACCESSWIRE / January 25, 2024 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced a net loss of $1.9 million, or $(0.08) earnings per share ("EPS"), for ...
MARTINSVILLE, VA / ACCESSWIRE / January 3, 2024 / Carter Bank (NASDAQ:CARE) is set for a big year in 2024, as the community bank headquartered in Martinsville is celebrating its 50th anniversary. The Bank, founded by Worth H. Carter Jr., first opened ...
By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...
The Regional Banking Hub, located at 300 Preston Ave., is the Bank's third location in Charlottesville.CHARLOTTESVILLE, VA / ACCESSWIRE / December 13, 2023 / Forty-nine years to the day after it opened its first branch, Carter Bank (NASDAQ:CARE) opened ...
Carter Bankshares in Martinsville, Virginia, is attempting to exit a longstanding relationship with West Virginia Gov. Jim Justice through a seldom-used collections tool that was at the center of a court hearing this week.