Carver Bancorp, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Donald Felix
- Full Time Employees
- 96
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 75 West 125th Street New York City NY United States of America 10027-4512
- IPO Date
- Oct 25, 1994
- CIK
- 0001016178
- Website
- carverbank.com
- Similar Companies
- Business
- Carver Bancorp, Inc. (CARV) serves as the holding company for Carver Federal Savings Bank, a federally chartered savings bank and certified Community Development Financial Institution (CDFI) that provides consumer and commercial banking services to individuals, businesses, non-profits, and governmental agencies primarily in underserved African-American and Caribbean-American communities in New York City. The bank offers deposit products including demand, savings, time deposits, high-yield online savings accounts earning up to 4.00% APY, money market accounts, and certificates of deposit with terms from 30 days to 60 months at competitive rates up to 4.25% APR; personal banking solutions such as checking accounts with no minimum balance or monthly fees, debit cards, online banking, bill pay, telephone banking, and Carver Community Cash services for unbanked consumers featuring check cashing, wire transfers, reloadable prepaid cards, and money orders; business banking options encompassing commercial checking, business lines of credit, treasury management, and loans; and lending products focused on commercial real estate mortgages, multifamily properties, mixed-use developments, owner-occupied facilities, and community development financing for affordable housing and economic initiatives. Founded in 1948 and headquartered at 75 West 125th Street in Harlem, New York, the bank operates branches in Manhattan, Brooklyn, and Queens, generating revenue through interest income on loans and investments, service fees, and non-interest activities while maintaining total assets of approximately $700 million and deposits of $600 million. In recent developments, Carver faces an Office of the Comptroller of the Currency (OCC) enforcement order issued in June 2025 citing unsafe and unsound practices in strategic planning and earnings performance, echoing a similar 2016 order, prompting its largest shareholder Dream Chasers Capital Group (9.7% stake) in September 2025 to solicit acquisition bids or mergers highlighting the bank's assets, CDFI status, and partnerships with JP Morgan and Morgan Stanley while proposing digital transformation, crypto services, board reconfiguration with term limits, and performance-based compensation; additionally, in November 2025, the company announces a board modernization initiative to align governance with leading peers and strengthen fiduciary oversight.
Carver Bancorp, Inc. Stockholders Elect Keith Mestrich and Donald Felix to Board of Directors at Annual Meeting
Carver Bancorp, Inc. Announces Slate of Highly Qualified Director Candidates for 2026 Annual Meeting
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Carver Bancorp (NASDAQ:CARV) Share Price Passes Below 200-Day Moving Average – What’s Next?
Carver Bancorp, Inc. Appoints Lisa Robinson Smith as Chief Financial Officer
Carver Bancorp, Inc. Announces Agreement with Holders of Trust Preferred Securities to Cancel Interest in Exchange for Shares of Common Stock
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Carver Bancorp, Inc. Announces Date of Annual Meeting of Stockholders
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Critical Comparison: Sturgis Bancorp (OTCMKTS:STBI) & Carver Bancorp (NASDAQ:CARV)
Carver Bancorp, Inc. Commences Trading on OTC Markets
Carver Bancorp, Inc. Announces Intention to List on OTCQX, Voluntarily Delist from Nasdaq and Deregister from SEC
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Dream Chasers Encourages Carver Bancorp and All Shareholders to Help Support Victims of Hurricane Melissa
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Carver Bancorp, Inc. (NASDAQ:CARV) Short Interest Update
Zacks Initiates Coverage of Carver Bancorp With Neutral Recommendation
Dream Chasers Invites Bidders for a Carver Bancorp Transaction