CARVER BANCORP INC

Carver Bancorp, Inc. operates as a holding company for Carver Federal Savings Bank, providing consumer and commercial banking products and services. Its core offerings include demand, savings, and time deposits, along with online and telephone banking, debit cards, and bill payment services. The institution also provides dedicated financial services for unbanked and underbanked individuals, such as check cashing, money orders, reloadable cards, and wire transfers. Its lending operations primarily encompass commercial real estate, multifamily residential mortgages, and business loans, while also extending consumer and personal loans. The bank serves consumers, local businesses, governmental bodies, and non-profit organizations, notably faith-based institutions.

Carver Federal operates seven branch locations across the New York City boroughs of Brooklyn, Manhattan, and Queens, primarily serving historically low- to moderate-income neighborhoods. Its primary lending activities extend across Kings, New York, Bronx, and Queens Counties, as well as lower Westchester County, New York. The company maintains its administrative offices and bank headquarters in New York, New York.

Summary of the business section of Carver Bancorp's latest annual report, written by StockData.

“At March 31, 2025, the Company had 109 employees, nearly all of whom are full-time and of which approximately 47% were female and 86% were minorities.”