MARTINSVILLE, Va.--(BUSINESS WIRE)--
Carter Bank & Trust (OTC:CARE) continues to add senior executives to
advance its strategic objectives with the announcement of Tony Kallsen
as executive vice president and chief credit officer.
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Tony Kallsen (Photo: Business Wire)
Kallsen has 27 years of executive and loan portfolio management
experience. He has worked for national banks in Illinois and Michigan in
various credit and asset management positions and most recently in
Pennsylvania with First Commonwealth Bank as senior vice president and
senior credit officer.
“I saw an opportunity to join an impressive executive team that
recognizes the benefits of a best in class credit culture. In concert
with its roots as a community bank, we will leverage credit culture to
differentiate us and help us serve our communities. This team not only
publicly endorses credit standards that are the backbone of a credit
culture, but also employs these standards when formulating strategies to
become a high performance bank,” said Kallsen.
“We are thrilled that we were able to attract the talent of Tony
Kallsen. He has a proven track record of establishing and managing a
credit culture that ensures the growth of assets with a consistent
tolerance to risk. Tony’s appointment sends a message to our investors
that we are continuing to create an environment for strong earnings to
drive institution valuation,” said Carter Bank’s Chief Executive Officer
Litz Van Dyke.
Kallsen earned his Bachelor of Business Administration in corporate
financial management from Eastern Michigan University and Master of
Business Administration from the University of Notre Dame.
About Carter Bank & Trust:
Headquartered in Martinsville, Va., Carter Bank & Trust is a
state-chartered community bank in Virginia with more than 100 branches
and 1,000 employees in Virginia and North Carolina.
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Carter Bank & Trust
Kim Adkins, 276-336-4384 (direct)
276-252-2679
(cell)
Vice President & Director of Marketing
Source: Carter Bank & Trust