Stephen Calk

Carver Bancorp Inc. Receives Investment from JPMorgan Chase To Support Economic Empowerment in Communities of Color

Tuesday, February 23, 2021 - 6:30pm

Carver will also explore new initiatives that create economic empowerment in communities of color.

Key Points: 
  • Carver will also explore new initiatives that create economic empowerment in communities of color.
  • JPMorgan Chase recently announced a series of new initiatives to further its support of MDIs and diverse-led Community Development Financial Institutions (CDFIs).
  • "JPMorgan Chase is investing in Carver as both companies share the goal of advancing racial equality and economic empowerment in communities of color and reducing the racial wealth divide."
  • Carver Bancorp, Inc. (NASDAQ: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.