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Justices’ repayments to Carter Bank top $50 million

Summary by Cardinal News
U.S. Sen. Jim Justice and his family companies have paid more than $56 million of their overdue loans to Martinsville-based Carter Bank, the bank said Thursday.Sen. Jim Justice.In mid-2023, the bank placed more than $300 million in loans personally guaranteed by Justice; his wife, Cathy; and their son, Jay, in nonaccrual status, which means the loans would not earn interest because payments weren’t being made.With the Justices now paying down th…
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Cardinal News broke the news in on Friday, April 25, 2025.
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