Carver Bancorp INC: directors' dealings · United States · SEC (Form 4)

About Carver Bancorp INC

Carver Bancorp Inc. (ticker: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered savings bank listed on the NASDAQ market in the United States. The company is headquartered in New York, New York, while the bank’s historic home base remains Harlem. Carver’s roots go back to 1948, when it was founded by civic-minded community leaders to address the limited access that African-American communities—and, more broadly, underserved neighborhoods in New York—had to mainstream financial services. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1016178/000101617825000010/carv-20250331.htm)) From an operating standpoint, Carver Bancorp is best understood as a community banking franchise with a concentrated metropolitan footprint. Its core activities are deposit gathering and lending, with a business mix focused on consumer and commercial banking. The bank offers demand, savings and time deposits, debit cards, online account opening, online bill pay, telephone banking and other digital banking tools. It also serves unbanked and underbanked customers through its Carver Community Cash suite, which includes check cashing, wire transfers, bill payment, reloadable prepaid cards and money orders. On the lending side, Carver finances commercial and multifamily mortgages as well as business loans. Excess liquidity is primarily invested in U.S. government agency securities and mortgage-backed securities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1016178/000101617825000015/carv-20250630.htm)) Geographically, Carver is highly concentrated in New York City. The bank operates seven branches, mainly in Brooklyn, Manhattan and Queens, with lending activity also extending into Kings, New York, Bronx and Queens counties, plus parts of Westchester County. This local focus gives Carver strong community knowledge and relationship banking capabilities, but it also makes earnings more sensitive to the New York City economy, employment trends and interest-rate conditions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1016178/000101617825000015/carv-20250630.htm)) In competitive terms, Carver stands out as one of the largest African-American-operated banks in the United States. Its franchise is differentiated less by scale than by mission-driven positioning: community development, access to capital, and service to low- and moderate-income neighborhoods. The bank emphasizes its Community Reinvestment Act record and its CDFI orientation, both of which support its reputation with regulators, community stakeholders and mission-oriented depositors. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1016178/000101617825000010/carv-20250331.htm)) Recent developments matter for investors. In its SEC filings, Carver said the OCC issued the bank its seventh consecutive “Outstanding” CRA rating following the June 2025 examination, underlining continued regulatory recognition of community lending and investment performance. The company also disclosed a board modernization initiative in November 2025. As of June 30, 2025, Carver Federal reported approximately $713.6 million in assets and 105 employees, indicating a small but institutionally relevant franchise in the U.S. regional banking landscape. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1016178/000101617825000015/carv-20250630.htm))