Win up to $25,000 by Saving with Carter Ca$h

Carter Bank & Trust’s Savings Challenge

Helping You Save More

Giving you opportunities to win cash year-round! 

We may be living in uncertain times, but one thing remains true: we want you to succeed! 

Carter Ca$h is our savings challenge program designed to help customers save for the unexpected while giving them chances to win money, potentially increasing their savings opportunities.

At Carter Bank & Trust, we want to help you save and win! For every $25 deposit into your Personal Savings Account*, as of the last day of the drawing period, you earn an entry to win $50 monthly, $250 quarterly and $25,000 at year-end!

We’re Giving Away $29,000

Monthly Prize

$50
  • 5 winners per month
  • 60 winners annually
  • $3,000 total prize money

Quarterly Prize

$250
  • 1 winner per quarter
  • 4 winners annually
  • $1,000 total prize money

Annual Prize

$25,000
  • Grand Prize
  • 1 winner annually
  • $25,000 total prize money

What do you need to do to participate?

If you already have a Carter Bank & Trust Personal Savings Account with a balance of at least $25, you don’t have to do anything. For every $25 in the account, you have one entry to win $50 monthly, $250 quarterly or $25,00 at year-end cash prize. If you have $100 in the account, you have four entries. 

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If you don't have a Carter Bank & Trust Personal Savings Account, open one today! Account opening is easy.

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Calculate Your Savings

What will it take to build an emergency fund or reach your savings goal? This financial calculator helps you find out.

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Frequently Asked Questions

What is Carter Ca$h?
Carter Ca$h is our savings challenge program designed to help our customers save while giving them chances to win money, potentially increasing their savings opportunities.
How do Personal Savings Account owners earn entries for drawings?
Customers earn entries for every $25 deposit into their Personal Savings Account. For example, if customers have $100 in the account, they will have four entries. (Money Market, Christmas Club and Business Savings accounts are excluded from the Carter Ca$h program.)
How often are Carter Ca$h prizes awarded?

When are winner’s names drawn?
Carter Ca$h prize drawings are done on or about the first business day of the succeeding month or quarter and at year-end for the grand prize during the first week in January.
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Location

320 College Drive
Martinsville, VA 24112
833.ASK.CBAT
833.275.2228
Email Customer Service
#NMLS 523123

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*Money Market, Christmas Club and Business Savings accounts are excluded from the Carter Ca$h program. Businesses, estates, trusts, organizations and any other public or private entities are ineligible to participate.

The odds of winning depend on the number of eligible entries. Each entry has an equal chance of winning. Carter Ca$h awards are tax reportable. Winners will be issued an IRS Form 1099.

Winning primary account owners will have their prize money deposited directly into their Personal Savings Account. A primary account owner must be 18 years old or older at the time of the drawing. Fees associated with the Personal Savings Account still apply. Carter Bank & Trust employees and directors and members of their immediate family are ineligible to participate.  All federal regulations still apply.