Carter Bank & Salary

Carter Bank & Salary

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As of August 2026, the average hourly salary for employees at Carter Bank & in the United States is $47. This translates to an approximate annual wage of $98,455. Salaries at Carter Bank & typically range from $41 to $54 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Carter Bank &

Ready for your next career move? Explore current job openings at Carter Bank &. Use the search tool below to find available positions by title and location and apply directly to start your career.

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 $48
+2.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
FoodTech International $51
+7.1%
Reflects structural premiums typical of FoodTech International's large-cap national operations.
Citizens and Farmers Bank $49
+2.8%
Indicates identical technical requirements and experience levels between the two firms.
First Mortgage Solutions LLC $50
+5.6%
Supported by First Mortgage Solutions LLC's high-margin contracts allowing higher overhead.
Financial Services Industry $59
+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.

Companies Similar to Carter Bank & and Their Hourly Pay Rates

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 a Carter Bank & employee make?

Carter Bank & pays its employees an average of $47 per hour. The average salary at Carter Bank & range from $41 to $54 per hour. 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. Which similar company tend to pay more or less than Carter Bank &?

The salary at Carter Bank & is lesser than the similar 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. How much does a Chief Executive Officer typically earn at Carter Bank &?

A Chief Executive Officer at Carter Bank & typically earns an average hourly base salary of around $366, with a general range of $279 to $464.

4. Do employees with advanced degrees (Master's, PhD) earn more at Carter Bank &?

In many roles at Carter Bank &, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Richmond affect the perceived value of a Carter Bank & salary?

Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from Carter Bank & based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Carter Bank & typically offer employees?

Carter Bank & generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Carter Bank &" section on this page.

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