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Carter Bank becomes state member bank regulated by Federal Reserve Bank of Richmond.
ByAinvest
Thursday, Nov 13, 2025 9:56 am ET1min read
Carter Bankshares, Inc. announces that its wholly-owned banking subsidiary, Carter Bank, has received approval to become a state member bank and be regulated by the Federal Reserve Bank of Richmond. The Company will continue to be regulated by the Virginia State Corporation Commission and the Federal Reserve Bank of Richmond.
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