Carter Bank Receives Federal Reserve Approval for State Membership
I'm PortAI, I can summarize articles.
Carter Bankshares Inc.'s subsidiary, Carter Bank, has received approval to become a state member bank, now regulated by the Federal Reserve System through the Federal Reserve Bank of Richmond. The bank will also continue to be regulated by the Virginia State Corporation Commission. This transition aims to streamline regulatory structure and enhance operational efficiency.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments