Carter Bank & Trust Announces Executive Changes, Effective January 1, 2020
November 19, 2019
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Carter Bank & Trust announced that, effective January 1, 2020, Phyllis Q. Karavatakis will be stepping down as President and Chief Banking Officer and assuming a new position as the Bank's Senior Executive Vice President for Special Projects. Bradford N. Langs, who is currently Executive Vice President (EVP) and Chief Strategy Officer, will become President and Chief Strategy Officer. Phyllis Q. KaravatakisAlso effective January 1, 2020, EVP and Chief Financial Officer (CFO) Wendy S. Bell will become Senior EVP and CFO.
Carter Bankshares, Inc. is a bank holding company. The Company is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). It provides a full range of commercial banking, consumer banking, mortgage, and services. The Bank offers a full range of deposit services including lifetime free checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. These products and services are available to its personal and business customers. It also offers a full range of commercial and consumer loans. Commercial loans include both secured and unsecured loans, real estate construction and acquisition loans, and commercial and industrial loans. It also provides safe deposit boxes, direct deposit of payroll and social security checks and debit cards. Online banking products include online account opening, bill pay, e-statements (paperless electronic statements).
CARTER BANKSHARES, INC. 
