Carver Bancorp (NASDAQ:CARV) is the bank holding company for Carver Federal Savings Bank, a New York–based financial institution dedicated to serving minority and underserved communities. As the largest African American–led FDIC-insured banking organization in the United States, Carver Bancorp operates a branch network throughout the New York metropolitan area, including locations in the Bronx, Brooklyn, Manhattan, Queens, Staten Island and Westchester County.
The company offers a comprehensive range of banking products and services tailored to both consumer and commercial customers. Its retail offering includes checking and savings accounts, certificates of deposit, mortgage and home equity financing, and digital banking solutions. For business clients, Carver provides commercial real estate lending, small business loans, asset-based financing, treasury management, and merchant services designed to support local entrepreneurs and community development initiatives.
Founded in 1948 as Carver Federal Savings and Loan Association, the firm was established with the mission of expanding financial access in underserved neighborhoods. Over the decades, Carver Bancorp has maintained its community-focused ethos, partnering with nonprofits and government agencies to promote affordable housing, financial literacy, and economic revitalization. Its longstanding presence in New York has enabled the company to build deep relationships with local businesses and civic leaders.
Guided by a commitment to inclusion and responsible banking, Carver Bancorp continues to leverage its specialized expertise in urban markets. Through targeted lending programs and strategic investments, the company seeks to foster sustainable economic growth while upholding the values of integrity, innovation and financial empowerment for individuals and businesses across its service area.
