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Carter Bank & Salary

Carter Bank & Salary

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As of September 2026, the average annual salary for employees at Carter Bank & in the United States is $98,455. This translates to an approximate hourly wage of $47. Salaries at Carter Bank & typically range from $86,256 to $111,769 annually, reflecting the diverse roles and experience levels within the company.
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Is Carter Bank &’s Pay Competitive? Salary Benchmarking Analysis

How does Carter Bank &'s compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MidWestOne Financial Group Inc $100,554
+2.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
FoodTech International $105,406
+7.1%
Driven by niche technical certifications required for FoodTech International's specialized projects.
Citizens and Farmers Bank $101,166
+2.8%
Indicates identical technical requirements and experience levels between the two firms.
First Mortgage Solutions LLC $104,003
+5.6%
Data suggests First Mortgage Solutions LLC's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+23.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Carter Bank &'s Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Carter Bank &. Click a company name to learn more.

Employee Reviews: Working at Carter Bank &

Considering a career at Carter Bank &? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Career progression is possible. Client relationships are handled with integrity. Workload varies across teams, leading to occasional burnout. Training programs are available but lack consistency across departments. Flexible scheduling and remote work options demonstrate trust in employees' professionalism. It’s a dependable workplace with limited surprises and steady, task-focused work every day. ...
Commented in April 25, 2025
19
2
The leadership is strategic and open to employee feedback, which fosters a positive atmosphere. Spot bonuses reward exceptional work. Performance expectations are reasonable, though not particularly ambitious. Training opportunities exist but may lack depth or relevance. We're encouraged to think outside the box to find the best financial solutions for our clients.
Commented in February 27, 2025
34
2
I genuinely enjoy my work and feel appreciated for the results I help deliver. I’ve experienced steady career growth thanks to thoughtful management and an empowering, organized environment. Training programs are frequent and relevant, helping staff stay ahead in a fast-changing financial landscape.
Commented in March 02, 2024
11
1

Carter Bank & Overview

Website
www.cbtcares.com
Founded In
Data pending, update soon.
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
1300 Kings Mountain Rd Martinsville Virginia VA 24112
Revenue
$50 Million - $200 Million
Phone Number
+1 2766561776
Social Media
About Carter Bank &
Founding in 1974 and headquartered in Martinsville, Virginia, Carter Bank & Trust is a state-chartered community bank that provides checking, mobile banking, loans, and more.

What Benefits Does Carter Bank & Offer Beyond Salary?

A competitive compensation package is more than just a salary. Carter Bank & offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Carter Bank &?
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Carter Bank &.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Carter Bank &, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Carter Bank & salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Carter Bank &

1. How much does Carter Bank & in the United States pay?

Carter Bank & pays its employees an average of $98,455 per year. The average salary at Carter Bank & range from $86,256 to $111,769 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Carter Bank & employees get a higher salary than its peer company?

The salary at Carter Bank & is lesser than its peer company. The average annual salary at Carter Bank & is $98,455, or an hourly wage of $47, in comparison to MidWestOne Financial Group Inc which pays $100,554 per year or $48 per hour.

3. What are the highest paying jobs at Carter Bank &?

The higher-paying job at Carter Bank &, according to our data, include Chief Executive Officer (avg. $762,128 per year), Chief Financial Officer (avg. $397,340 per year), and Chief Information Officer (avg. $298,299 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Carter Bank &?

Salary progression with years of experience at Carter Bank & is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Carter Bank & vary by office location?

Yes, it's very likely that salaries at Carter Bank & vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Richmond section provides more context.

6. Does Carter Bank & offer good benefits?

Carter Bank & typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Carter Bank &" section on this page.

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