Carter Bank & Trust operates more than 100 branches in Virginia and North Carolina. Its customers can also access their funds from any ATMs free of charge. Its small business offerings include business checking accounts, commercial loans, insurance, notary services and night depository. It is rated A+ by the Better Business Bureau and 2.5 stars on DepositAccounts.com.
Carter Bank & Trust Business Checking Rates & Fees
|Monthly Fee||$5 per month|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||No transaction fee|
|Wire Transfer Fee||Information not available|
|Cash Deposit Fee||Information not available|
|Overdraft Fee||Information not available|
|ATM Fee||No ATM fee; however, ATM operator may impose a charge|
Carter Bank & Trust Network
Carter Bank & Trust operates more than 100 branches in Virginia and North Carolina. It also doesn’t charge ATM fees. You can use its branch locator to see which locations are closest to you.
Carter Bank & Trust Additional Business Banking Services
Carter Bank & Trust also offers the following business services: commercial and business loans, including Small Business Administration funding, business term loans, lines of credit and commercial real estate financing. Although it offers personal savings accounts, it currently doesn’t have business savings account offerings. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Business Line of Credit||✓|
|Commercial Real Estate Loans||✓|
|Business Credit Cards||x|
|Money Market Accounts||x|
Best Business Checking Account for Small Businesses
Want to know what bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top 10 options.