05/19/2018: A 40-year Journey

A 40-year Journey: President & Chief Banking Officer Phyllis Karavatakis looks back on her career at Carter Bank

Reprint from the Martinsville Bulletin, May 5, 2018

MARTINSVILLE – In 1978, Phyllis Karavatakis first stepped foot in Carter Bank and Trust. “I worked in the accounting department doing various administrative and accounting tasks as assigned,” Karavatakis said. Merely five years later, she received a major promotion – the first of many. “In 1983, I earned my first officer position as assistant cashier,” Karavatakis said.

From that point, Karavatakis kept moving up the ladder. Four years later, in 1987, she became the vice president and branch manager. In 1999, she became the senior vice president and cashier. The new millennium held even more opportunities. In 2015, Karavatakis accepted the executive vice president and chief lending officer position. The following year, she became the president and chief administrative and lending officer. In 2017, Karavatakis accepted an elected position as vice chairman of Cater Bank and Trust’s board. This year, Karavatakis became the president and chief banking officer, but also celebrated another career milestone – 40 years with Carter Bank and Trust.

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