Carver Bancorp

Society For Financial Education & Professional Development And Carver Bank Partner To Reduce Financial Literacy Gap For Students At Historically Black Colleges And Universities

Retrieved on: 
Monday, February 8, 2021
Carver Bancorp, Carver, Financial literacy, Economy, Articles, Deborah Wright

NEW YORK, Feb. 8, 2021 /PRNewswire/ --To address a financial literacy knowledge gap in communities of color, The Society for Financial Education and Professional Development, Inc. ("SFE&PD") and Carver Federal Savings Bank ("Carver") today announced a partnership to teach personal financial skills to students at three historically Black colleges and universities ("HBCUs").

Key Points: 
  • NEW YORK, Feb. 8, 2021 /PRNewswire/ --To address a financial literacy knowledge gap in communities of color, The Society for Financial Education and Professional Development, Inc. ("SFE&PD") and Carver Federal Savings Bank ("Carver") today announced a partnership to teach personal financial skills to students at three historically Black colleges and universities ("HBCUs").
  • One of SFE&PD's goals is to increase African Americans' financial and investment knowledge to close America's wealth gap.
  • The SFE&PD training sessions teach essential personal financial skills, focusing on saving, investing, banking, budgeting, credit and student loan management, and financial goal-setting.
  • Carver Bancorp, Inc. (NASDAQ: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

Carver Federal Savings Bank Expands Presence Offering Online Consumer Accounts Across Several Key Markets In Northeast

Retrieved on: 
Wednesday, December 2, 2020
Carver Bancorp, Companies, Carver, Depository institution, Economy of the United States, Deborah Wright, Savings and loan association

NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Carver Federal Savings Bank ("Carver" or the "Bank"), a federally chartered stock savings bank and a certified Minority Depository Institution ("MDI"), announced today that the Bank recently expanded its online presence to include consumer checking and savings accounts across several key markets in the Northeast.

Key Points: 
  • NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Carver Federal Savings Bank ("Carver" or the "Bank"), a federally chartered stock savings bank and a certified Minority Depository Institution ("MDI"), announced today that the Bank recently expanded its online presence to include consumer checking and savings accounts across several key markets in the Northeast.
  • "Consumers and businesses today are increasingly interested in putting their bank deposit dollars to work at institutions that reinvest in their communities," said Michael T. Pugh, President and CEO of Carver.
  • "Since launching our online consumer accounts in these Northeast markets, the response has been positive with approximately $5 million in new bank deposit received and approximately 1,000 new accounts.
  • Carver Bancorp, Inc. (Nasdaq: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

Retrieved on: 
Thursday, April 23, 2020
Banking, Professional services, Finance, Financial markets, Dividend, Shareholders, Companies, Finance, Ticker symbol, United Financial Bancorp, Carver Bancorp

OP Bancorp (the Company) (NASDAQ: OPBK), the holding company of Open Bank (the Bank), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per share of its common stock.

Key Points: 
  • OP Bancorp (the Company) (NASDAQ: OPBK), the holding company of Open Bank (the Bank), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per share of its common stock.
  • The dividend is payable on or about May 21, 2020 to all shareholders of record as of the close of business on May 7, 2020.
  • OP Bancorp, the holding company for Open Bank (the Bank), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, OPBK.
  • The Bank commenced its operations on June 10, 2005 as First Standard Bank and changed its name to Open Bank in October 2010.

OP Bancorp Declares Quarterly Cash Dividend of $0.05 per Share

Retrieved on: 
Thursday, October 24, 2019
Small business, Banking, Professional services, Finance, Financial markets, Companies, Finance, Dividend, Shareholders, Ticker symbol, United Financial Bancorp, Carver Bancorp

OP Bancorp (the Company) (NASDAQ: OPBK), the holding company of Open Bank (the Bank), announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per share of its common stock.

Key Points: 
  • OP Bancorp (the Company) (NASDAQ: OPBK), the holding company of Open Bank (the Bank), announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per share of its common stock.
  • The dividend is payable on or about November 21, 2019 to all shareholders of record as of the close of business on November 7, 2019.
  • OP Bancorp, the holding company for Open Bank (the Bank), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, OPBK.
  • The Bank commenced its operations on June 10, 2005 as First Standard Bank and changed its name to Open Bank in October 2010.

Carver Bancorp Appoints Jim Montes As President Of Carver Community Development Corporation

Retrieved on: 
Thursday, May 2, 2019
Carver Bancorp, Carver, Companies, Michael T. Pugh, Businesspeople, Economy of the United States, Deborah Wright

NEW YORK, May 2, 2019 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (Nasdaq: CARV), the holding company for Carver Federal Savings Bank ("Carver" or the "Bank"), announced today the appointment of Jim Montes as President of Carver Community Development Corporation ("CCDC").

Key Points: 
  • NEW YORK, May 2, 2019 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (Nasdaq: CARV), the holding company for Carver Federal Savings Bank ("Carver" or the "Bank"), announced today the appointment of Jim Montes as President of Carver Community Development Corporation ("CCDC").
  • In his capacity as President of CCDC, Mr. Montes is responsible for fulfilling the Bank's mission to bring economic and community development to the diverse markets it serves.
  • "Jim is a highly skilled legal and business professional who comes to Carver with a strong background in the financial services industry," said Michael T. Pugh, President and CEO of Carver Bancorp.
  • Carver Bancorp, Inc. is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

Carver Bancorp, Inc. Mourns the Loss of Board Member Robert W. Mooney

Retrieved on: 
Wednesday, January 9, 2019
Financial services, Economy, Finance, Carver Bancorp, Carver, Community development bank, Bank, Federal Deposit Insurance Corporation, Deborah Wright

Mr. Mooney joined the Company's Board of Directors in January of 2018, and served on the Compliance and Finance & Audit Committees.

Key Points: 
  • Mr. Mooney joined the Company's Board of Directors in January of 2018, and served on the Compliance and Finance & Audit Committees.
  • He previously served as National Director for Minority and Community Development Banking at the FDIC until his retirement in 2015.
  • Carver Bancorp, Inc. is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.
  • Carver was founded in 1948 to serve African-American communities whose residents, businesses, and institutions had limited access to mainstream financial services.

Carver Federal Savings Bank Selects Six Community Organizations to Receive Funds Awarded by U.S. Treasury's BEA Program

Retrieved on: 
Wednesday, July 18, 2018
Economy, Finance, Money, Community development, Ethical banking, Carver Bancorp, Community development financial institution, Carver, Depository institution, Certificate of deposit, Community development bank

NEW YORK, July 18, 2018 /PRNewswire/ --Carver Federal Savings Bank ("Carver" or the "Bank"), a certified Community Development Fund Institution ("CDFI"), announced today that it has selected six community organizations to receive funds awarded to the Bank under the U.S. Treasury Department's Bank Enterprise Award ("BEA") program.

Key Points: 
  • NEW YORK, July 18, 2018 /PRNewswire/ --Carver Federal Savings Bank ("Carver" or the "Bank"), a certified Community Development Fund Institution ("CDFI"), announced today that it has selected six community organizations to receive funds awarded to the Bank under the U.S. Treasury Department's Bank Enterprise Award ("BEA") program.
  • The BEA program distributes funds through federally insured depository institutions that provide credit and financial services to underserved markets and populations, a central part of Carver's mission.
  • Carver received approximately $195,000 to award to non-profit organizations located in BEA-qualified areas that provide vital services to low- and moderate-income ("LMI") populations.
  • Carver Bancorp, Inc. (Nasdaq: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

Carver Federal Savings Bank Donates $30,000 To Crown Heights Community Organizations

Retrieved on: 
Tuesday, June 19, 2018
Carver Bancorp, Crown Heights Jewish Community Council, Carver, Jewish Community Council, YouthBuild, Crown Heights, Brooklyn, New York City, Orthodox Judaism, Religion

NEW YORK, June 19, 2018 /PRNewswire/ --Carver Federal Savings Bank ("Carver" or the "Bank"), which marks its 70th anniversary this year, recently hosted an event at its newly renovated Crown Heights, Brooklyn branch to recognize the important work of three vital non-profit, community organizations: DREAMS/YouthBuild, Crown Heights Jewish Community Council ("CHJCC"), and Crown Heights Youth Collective ("CHYC").

Key Points: 
  • NEW YORK, June 19, 2018 /PRNewswire/ --Carver Federal Savings Bank ("Carver" or the "Bank"), which marks its 70th anniversary this year, recently hosted an event at its newly renovated Crown Heights, Brooklyn branch to recognize the important work of three vital non-profit, community organizations: DREAMS/YouthBuild, Crown Heights Jewish Community Council ("CHJCC"), and Crown Heights Youth Collective ("CHYC").
  • "As a mission-based community bank we are thrilled to honor and support the good works of DREAMS/YouthBuild, Crown Heights Jewish Community Council and Crown Heights Youth Collective.
  • "The Crown Heights community is fortunate to have such a strong partner in Carver Federal Savings Bank," said Rabbi Eli Cohen, Executive Director of Crown Heights Jewish Community Council.
  • Carver Bancorp, Inc. (Nasdaq: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

Carver Federal Savings Bank Celebrates The Grand Re-Opening Of Its Crown Heights Branch With A $20,000 Donation To Brooklyn Children's Museum

Retrieved on: 
Thursday, April 26, 2018
Carver Bancorp, Carver, Federal savings bank, Economy of the United States, Deborah Wright, Finance, Economy

The day's events included a ribbon-cutting ceremony at the Crown Heights branch with customers, local residents, elected officials and community partners.

Key Points: 
  • The day's events included a ribbon-cutting ceremony at the Crown Heights branch with customers, local residents, elected officials and community partners.
  • "On behalf of the entire staff and Board of Trustees at Brooklyn Children's Museum, I want to thank Carver Federal Savings Bank for its generous donation of $20,000, which will support arts and science education for families in Brooklyn and beyond," remarked Stephanie Wilchfort, Brooklyn Children's Museum President & CEO.
  • Brooklyn Children's Museum (BCM) was founded in 1899 as the world's first children's museum, and is New York City's largest cultural institution designed especially for families.
  • Carver Bancorp, Inc. (Nasdaq: CARV)is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.