Carter Bank & Trust Appoints Richard Owen as Senior Vice President and Director of Mortgage Banking
November 02, 2017 at 05:15 pm
Share
Carter Bank & Trust announced that it has hired Richard Owen as senior vice president and director of mortgage banking to launch a new mortgage lending division. In this position, Owen will work to ensure that mortgage originations and operations meet quality standards, settlement timelines and compliance requirements and exceed customer and investor expectations. Owen brings more than 20 years of experience in working with banks to expand product lines and form new strategic partnerships, which have resulted in improved revenue performances primarily in underperforming, highly regulated and complicated business channels. Before joining Carter, Owen was senior vice president of the mortgage division for Middleburg Bank in Richmond, where he led this newly formed division in sales, marketing, operations and compliance. Prior to this, he was senior vice president for the Virginia Bankers Association and executive director of the Virginia Mortgage Lenders Association.
Carter Bankshares, Inc. is a bank holding company. The Company is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). It provides a full range of commercial banking, consumer banking, mortgage, and services. The Bank offers a full range of deposit services including lifetime free checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. These products and services are available to its personal and business customers. It also offers a full range of commercial and consumer loans. Commercial loans include both secured and unsecured loans, real estate construction and acquisition loans, and commercial and industrial loans. It also provides safe deposit boxes, direct deposit of payroll and social security checks and debit cards. Online banking products include online account opening, bill pay, e-statements (paperless electronic statements).