Carter Bank has entered the South Carolina market with an expansion into Greenville, the company announced Nov. 20
This expansion builds on the Virginia-based community bank’s recent growth in North Carolina. Brad Langs, president and chief strategy officer for Carter Bank, said they are excited to continue expanding in the Carolinas and bring the bank’s relationship-driven approach to the Greenville market.
“Greenville’s strong, diverse economy and proximity to our North Carolina locations along the I-85 corridor make it a natural extension of our footprint,” Langs said. “It’s a fast-growing area where we can truly make an impact by supporting local businesses and helping them find opportunities to prosper.”
Carter Bank hired two Greenville-natives, Mike Sarvis and Roslyn Gilstrap, to lead the bank’s expansion into South Carolina. Sarvis will serve as the Carter Bank’s market executive, and Gilstrap joins the company as a senior commercial banker.
“With experienced bankers like Mike and Roslyn leading our efforts, we’re confident in our ability to provide the same resources of a large national bank, while delivering our high-touch, solutions-based brand of relationship banking and local decision-making that businesses want,” said Rich Spiker, executive vice president and chief lending officer for Carter Bank.
The bank is currently searching for its first branch location in Greenville. Carter Bank’s Greenville office will operate remotely until a physical office space can be found.
Carter Bank currently operates branches in Virginia and North Carolina and offers commercial and consumer banking services. For more information, visit carterbank.com.