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Carver Federal Savings Bank's Overview

Total employees161
HeadquartersNew York
Founded1948

Carver Federal Savings Bank, often referred to as Carver Bank, is one of the oldest and largest African American-operated financial institutions in the United States. Founded in 1948 in Harlem, New York, its mission is to provide comprehensive financial services to underserved communities, promote economic development, and empower individuals and businesses. As a designated Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI), Carver Bank plays a vital role in fostering financial inclusion and offering products like personal and business banking, loans, and mortgages with a strong community focus.

Where is Carver Federal Savings Bank's Headquarters?

HQ Function

Serves as the central administrative and operational hub, housing executive leadership, strategic planning, financial management, regulatory compliance, and support services for all bank branches and operations.

Notable Features:

Located on the iconic 125th Street in Harlem, the headquarters building is a symbol of Black economic empowerment and a landmark in the community it serves. Its presence underscores the bank's commitment to its founding principles.

Work Culture:

The work culture at Carver Bank's headquarters is deeply rooted in its community mission. It fosters collaboration, customer-centric service, and a commitment to financial literacy and empowerment for its diverse clientele. Employees often share a passion for community development.

HQ Significance:

The headquarters is significant not just as a corporate office but as the heart of an institution with a rich legacy of serving African-American and underserved communities, historically breaking down barriers to financial access.

Values Reflected in HQ: The headquarters embodies Carver Bank's core values of community reinvestment, financial inclusion, customer empowerment, integrity, and a commitment to serving as a pillar of economic strength for its customers.

Location:

Carver Federal Savings Bank's operations are primarily focused on serving communities within New York City, including Harlem, Brooklyn, and Queens. As a community development financial institution, its mission is deeply local and it does not maintain international branches or a physical global presence. Its services are designed to support and uplift the specific neighborhoods it operates in, though online banking platforms may offer accessibility to customers beyond these immediate geographic areas.

Street Address:

75 West 125th Street

City:

New York

State/Province:

NY

Country:

USA

Carver Federal Savings Bank's Global Presence

New York, NY/USA

Address: 142 Malcolm X Blvd, New York, NY 10026

To serve the banking needs of the Central Harlem neighborhood, fostering local economic growth and financial stability.

Brooklyn, NY/USA

Address: 740 Myrtle Avenue, Brooklyn, NY 11205

To provide essential financial services and support economic development within the Bedford-Stuyvesant area of Brooklyn.

Jamaica, Queens, NY/USA

Address: 175-46 Jamaica Avenue, Jamaica, NY 11432

To enhance financial access and opportunity for residents and businesses in the Jamaica, Queens commercial corridor.

Buying Intent Signals for Carver Federal Savings Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Carver Federal Savings Bank

As of April 2025, Carver Federal Savings Bank' leadership includes:

Michael T. Pugh - President and Chief Executive Officer
Christina L. Maier - Executive Vice President and Chief Financial Officer

Investors of Carver Federal Savings Bank

Carver Federal Savings Bank has been backed by several prominent investors over the years, including:

Carver Bancorp, Inc. (NASDAQ: CARV) is a publicly traded company.
Key institutional investors include firms like Dimensional Fund Advisors LP, The Vanguard Group, Inc., and Renaissance Technologies LLC.
A diverse group of retail and other institutional shareholders also invest in the company.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information and news searches covering the last 12 months (approximately May 2023 - May 2024), there have been no major widely reported C-suite executive hires or departures at Carver Bancorp, Inc. The leadership team has maintained stability.

Technology (Tech Stack) used by Carver Federal Savings Bank

Discover the tools Carver Federal Savings Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Carver Federal Savings Bank Email Formats and Examples

Carver Federal Savings Bank likely utilizes common corporate email address formats for its employees. These formats often combine parts of an employee's name with the company's domain.

[first_initial][last_name]@carverbank.com

Format

mpugh@carverbank.com

Example

80%

Success rate

News and media

GlobeNewswireFebruary 2, 2024

Carver Bancorp, Inc. Reports Fiscal 2024 Third Quarter Financial Results

Carver Bancorp, Inc., the holding company for Carver Federal Savings Bank, announced its financial results for the third quarter of fiscal year 2024, ended December 31, 2023. The report detailed net income, loan portfolio growth, and deposit trends....more

American BankerOctober 10, 2023

Carver Bancorp gets $15 million equity investment

Carver Bancorp Inc. announced a $15 million equity investment from an unnamed institutional investor. The capital is intended to strengthen its balance sheet and support lending activities in underserved communities....more

Carver Bank Press ReleaseJuly 19, 2023

Carver Federal Savings Bank Announces Participation in U.S. Treasury Department’s ECIP Program

Carver Bank highlighted its participation in the Emergency Capital Investment Program (ECIP), receiving funds to increase lending to small and minority-owned businesses and low- and moderate-income consumers in its communities....more

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