Paul Carney Joins Carter Bank & Trust as Senior Vice President and Director of Human Resources

MARTINSVILLE, Va.–(BUSINESS WIRE)–Carter Bank & Trust (OTCQX:CARE) announced today that Paul Carney
recently joined the bank as senior vice president and director of human
resources. Carney is an accomplished author and speaker in human
resources, where he gives advice to jobseekers on how best to qualify
and quantify their career value.

Carney has more than 30 years of experience in business and information
technology (IT) and as a human resources professional and career
advocate. He also has extensive experience as a software engineer,
entrepreneur and trainer. Prior to joining Carter Bank & Trust, Carney
served in various human resources leadership roles for the Navy Federal
Credit Union, the largest credit union in the world with more than
17,000 employees worldwide.

Carney earned his MBA from The Sage College’s School of Management in
Troy, New York, and his bachelor’s degree in mathematics with a minor in
Spanish from the University of Vermont in Burlington, Vermont. He is
certified as Senior Professional in Human Resources (SPHR).

About Carter Bank & Trust:

Headquartered in Martinsville, Va., Carter Bank & Trust is a
state-chartered community bank in Virginia with 105 branches and more
than 1,000 employees in Virginia and North Carolina.

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