A Money Market Special that works as hard as you do.

Up to 2.15% APY* 
To start earning higher rates for a limited time, minimum balance is $2,500.

You work hard for your money and deserve the best deal.  Our new Money Market Special offers the most competitive rates around while giving you flexibility to add and withdraw funds.  Rates guaranteed from March 1, 2019, to August 30, 2019.

Minimum Deposit APY*
$2,500 – $24,999 1.35%
$25,000 – $49,999 1.75%
$50,000 – $99,999 2.00%
$100,000+ 2.15%


So what are you waiting for?


Put your money to work today!





Visit one of our branches to open your new Money Market Account or call 833.ASK.CBAT (833.275.2228) for details.

*Annual Percentage Yields (APYs) are accurate as of March 1, 2019, to August 30, 2019. These APYs are variable rates and subject to change after August 30, 2019. Interest is compounded daily and credited to money market account monthly. If accounts drop below the minimum balance of $2,500, a $5.00 monthly maintenance fee will be imposed. Federal regulation limits the number of transactions to six. During any month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer or by check, draft, debit card or similar order to a third party. For each withdrawal or transfer in excess of six, $5.00 fee will be assessed. Exceptions to this are transactions or withdrawals made by mail, messenger, ATM or in person. Fees may reduce earnings. Open to new and existing customers, consumer or business, with new funds. “New funds” are defined as funds that did not originate from other Carter Bank & Trust accounts. 

Look no Further Attention-getter CD Specials

At Carter Bank & Trust, we do things differently. Take a look at our fine print to see how we put our customers first with terms that make banking with us a pleasure. Our  CD specials are just one of the many ways we’ll show you that we want to be your Lifetime Financial Partner.

Limited-time offer.  Rates accurate as of February 20, 2019.

Call or visit one of our 100+ conveniently located branches throughout Virginia and North Carolina to learn more. 

2.50% APY*  18-Month Term
Minimum Balance of $7,500 to open


2.80% APY* 30-Month Term
Minimum Balance of $10,000 to open


Available to New and Existing Customers, Consumer & Business
IRA accounts ineligible


*Annual Percentag rates and terms.  Read our fine print.e Yield (APY) assumes principal and interest remain on deposit until maturity.  Interest is compounded daily and may be credited to Certificate of Deposit (CD) monthly, quarterly or annually. To earn APY, minimum balances must be adhered to.  IRA accounts ineligible.  Penalty for early withdrawal will be imposed.  Fees may reduce earnings.  Open to new and existing customers, consumer or business.


Frequently Asked Questions

Is there a maximum balance to open?

  • Yes

Can a business Participate?

  • Yes

Do IRAs qualify for the promotion?

  • No