Carter Bank & Trust Announces Termination of Consent Order

Author's Avatar
Aug 02, 2019
Article's Main Image

MARTINSVILLE, VA / ACCESSWIRE / August 2, 2019 / Carter Bank & Trust (NASDAQ:CARE) (the “Bank”) announced today that the Federal Deposit Insurance Corporation (the “FDIC”) and the Virginia Bureau of Financial Institutions (the “Bureau”) have terminated their Consent Order with the Bank. The effective date of the termination was July 31, 2019. The termination of the Consent Order signifies that the FDIC and the Bureau have determined that the Bank has met all of the Consent Order requirements.