Bank of the Carolinas, OTCMKTS:BCAR, is a community-focused bank headquartered in Rutherfordton, North Carolina. Established in 1902 as Rutherford County Bank and later rebranded in 2005, the institution has a long-standing heritage of serving the financial needs of western North Carolina and upstate South Carolina. With multiple branch locations across the region, the bank emphasizes personalized service and local decision-making to support individuals and businesses alike.
The bank’s core business activities encompass commercial, residential and consumer lending, deposit services and treasury management. It offers a range of loan products including commercial real estate, construction, equipment financing, and home mortgage lending. For individuals, the bank provides checking and savings accounts, certificates of deposit, personal loans and lines of credit, along with online and mobile banking platforms designed to enhance convenience and accessibility.
In addition to traditional banking products, Bank of the Carolinas delivers specialized services such as merchant services, cash management solutions and Internet-based account tools for small- to mid-sized enterprises. The bank’s approach centers on building long-term relationships within the communities it serves, drawing on local market expertise to tailor financial solutions that meet the unique requirements of farms, family-owned businesses, non-profit organizations and professionals.
Leadership at Bank of the Carolinas comprises an experienced executive team and a board of directors deeply rooted in the regional economy. The management group brings together veterans in credit risk, operations, finance and customer service, fostering a culture of prudent stewardship and community engagement. Through its combination of local insight and a comprehensive product suite, the bank continues to advance its mission of supporting financial growth and stability across its service areas.
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