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Carter Bank sells Justice loan portfolio

The sale removes a large nonperforming loan exposure tied to Justice family businesses, according to a Securities and Exchange Commission filing.

Summary by Culpeper Star-Exponent
Carter Bankshares Inc. has completed the sale of a large portfolio of nonperforming loans tied to businesses controlled by U.S. Sen. Jim Justice and his family, according to a filing with the U.S. Securities and Exchange Commission.

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Culpeper Star-ExponentCulpeper Star-Exponent
Reposted by
Martinsville BulletinMartinsville Bulletin
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Carter Bank sells Justice loan portfolio

Carter Bankshares Inc. has completed the sale of a large portfolio of nonperforming loans tied to businesses controlled by U.S. Sen. Jim Justice and his family, according to a filing with the U.S. Securities and Exchange Commission.

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Culpeper Star-Exponent broke the news in on Tuesday, March 31, 2026.
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