Carver Federal Savings Bank

Carver Federal Savings Bank Appoints Tony Holmes as First Vice President, Retail Banking & Business Development Officer

Retrieved on: 
Monday, March 4, 2024
Senior, Marketing, Bank, Growth, Temple University, Empowerment, MBA, Carver Federal Savings Bank, Business development, Interim, La Salle University, Greater New York, ESL Federal Credit Union, Carver, Bank of America, JPMorgan Chase, Management

NEW YORK, March 4, 2024 /PRNewswire/ -- Carver Federal Savings Bank ("Carver") announces the strategic appointment of Tony Holmes as First Vice President, Retail Banking & Business Development Officer.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- Carver Federal Savings Bank ("Carver") announces the strategic appointment of Tony Holmes as First Vice President, Retail Banking & Business Development Officer.
  • Marc Winkler, Senior Vice President, and Chief Administrative Officer, said, "Tony's track record in the financial sector and his deep commitment to community development make him an invaluable addition to our senior team.
  • In his new capacity, Holmes will spearhead the development and execution of innovative retail branch business strategies, elevate sales and marketing initiatives, and provide senior-level managerial support, directly reporting to Marc Winkler.
  • His deep roots in the community and academic background equip him to help drive Carver's strategic retail banking objectives.

Roy Swan to Join Freddie Mac’s Board of Directors

Retrieved on: 
Wednesday, January 17, 2024
Slate, JPMorgan Chase, Public policy, Investment, Coro (non-profit organization), Housing, Upper Manhattan, FMCC, First Boston, Freddie Mac, Morgan Stanley, Salomon Brothers, Carver Federal Savings Bank, OTCQB, Church Commissioners, -elect, Freddy, Ford Foundation, Global Impact, WarnerMedia, Cryptocurrency

MCLEAN, Va., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the election of Roy Swan to its Board of Directors effective February 19, 2024.

Key Points: 
  • MCLEAN, Va., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the election of Roy Swan to its Board of Directors effective February 19, 2024.
  • Swan is an executive with more than 30-years of experience in law, banking, corporate finance, public policy and investment management.
  • “Roy Swan’s experience in financial services and his work overseeing mission and community development investments established him as a major player in impact investing,” said Lance Drummond, Chair-Elect of Freddie Mac’s Board of Directors.
  • Mr. Swan is a member of the board of the Global Impact Investing Network and trustee of Parnassus Funds.

Dream Chasers Capital meets with Carver Bancorp (NASDAQ: CARV) for talks

Retrieved on: 
Thursday, January 25, 2024
Dream Chasers, Social media, JPMorgan Chase, Option, Insurance, Efts, Morgan Stanley, Dream, Skin, Acquisition, Finance, Carver Federal Savings Bank, Retirement

NEW YORK, Jan. 25, 2024 /PRNewswire/ -- On January 24, 2024, Dream Chasers met with the Board of Directors of Nasdaq listed Carver Bancorp

Key Points: 
  • Award several board seats to Dream Chaser Capital and partners.
  • Dream Chasers want to say the following to the banks board:
    Shareholders own companies and their interest should always come first.
  • Current stock market shareholders large and small expect management to get a deal done with Dream Chasers.
  • Dream Chaser suggests management does not take any anti-dilutive and anti-takeover measures that could be detrimental to shareholders and communities of color.

Carver Federal Savings Bank Announces Winners of the 2023 Women Business Pitch Competition in Harlem, NY

Retrieved on: 
Thursday, December 7, 2023
Woman, Mastercard, Interim, Entrepreneurship, Commerce, Partnership, Growth, Carver Federal Savings Bank, Transport, Management, Carver

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Carver Federal Savings Bank , in partnership with The Greater Harlem Chamber of Commerce and with financial support from MasterCard , proudly announces the winners of the 2023 Women Business Pitch Competition, revealed on Wednesday, November 8, 2023.

Key Points: 
  • NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Carver Federal Savings Bank , in partnership with The Greater Harlem Chamber of Commerce and with financial support from MasterCard , proudly announces the winners of the 2023 Women Business Pitch Competition, revealed on Wednesday, November 8, 2023.
  • "The Greater Harlem Chamber of Commerce is thrilled to collaborate once more with Carver Federal Savings Bank for the 2023 Women Business Pitch Competition," expressed Lloyd Williams, President and CEO of The Harlem Chamber of Commerce.
  • "The 2023 Women Business Pitch Competition underlined the remarkable talent of women entrepreneurs and emphasized the importance of gender diversity in entrepreneurship," said Craig C. MacKay, Interim President and CEO of Carver Federal Savings Bank.
  • Carver Federal Savings Bank, along with The Greater Harlem Chamber of Commerce and Mastercard, congratulates these winners.

Jack Henry Launches Next-Generation Financial Crimes Platform

Retrieved on: 
Monday, October 16, 2023
Fraud, Bank Secrecy Act, JKHY, Risk, Federal Reserve Bank of St. Louis, ACH, AML, Trust, John Henry, Information technology, Bank, Carver Federal Savings Bank, Federal Reserve, BSA, Cryptocurrency

MONETT, Mo., Oct. 16, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that it is redefining fraud prevention with the initial roll out of Jack Henry Financial Crimes Defender™, a cloud-native fraud and anti-money laundering (AML) solution designed with real-time capabilities at the forefront. This new solution allows community and regional financial institutions to proactively combat financial crimes across channels.

Key Points: 
  • MONETT, Mo., Oct. 16, 2023 /PRNewswire/ -- Jack Henry ™ (Nasdaq: JKHY) announced today that it is redefining fraud prevention with the initial roll out of Jack Henry Financial Crimes Defender™ , a cloud-native fraud and anti-money laundering (AML) solution designed with real-time capabilities at the forefront.
  • This new solution allows community and regional financial institutions to proactively combat financial crimes across channels.
  • Financial Crimes Defender is part of Jack Henry's technology modernization strategy , focused on delivering cloud-native solutions that help banks and credit unions innovate faster, differentiate strategically, and meet the evolving needs of their accountholders.
  • "Financial Crimes Defender lets financial institutions detect and prevent fraud at first sight, ensuring assets and information remain within the institution.

New Microloan Program is Driving Economic Empowerment for Small Businesses in Brooklyn, Harlem, and Across New York City

Retrieved on: 
Friday, September 22, 2023
Small business, MDI, M&T Bank, Marketing, Rum cake, Fruit, Suite, Webster Bank, CDFI, Carver Bank, Charter Communications, Community development financial institution, UBS, Community development, Carver Federal Savings Bank, Commerce, Bank

Small businesses operating in Carver's community continue to be impacted by persistent economic headwinds.

Key Points: 
  • Small businesses operating in Carver's community continue to be impacted by persistent economic headwinds.
  • "We are pleased to recognize and partner with Carver Bank as it celebrates its 75 years of outstanding service to New York City small businesses."
  • "Our microloan program is an opportunity for us to help small businesses recover from the pandemic and economic downturns and build a thriving future.
  • For more details on the Carver microloan program, please click here or email Lloyd Doaman, Executive Director, Carver Community Development Corporation, at [email protected] .

Carver Launches Suite of Cash Management Services to Support Growth of Small and Larger Businesses Across Greater NYC Region

Retrieved on: 
Wednesday, August 16, 2023
Community development, MDI, Greater, Investment, CDFI, Carver Federal Savings Bank, Community development financial institution, Bank

Our cash management services and products assist businesses with the effective management of their financial assets, cash, and investments in a safe and secure online environment."

Key Points: 
  • Our cash management services and products assist businesses with the effective management of their financial assets, cash, and investments in a safe and secure online environment."
  • Optimizing the cash management for your business is critical to creating and sustaining its success and decreasing financial and operational risk.
  • As a community bank serving small and larger companies, Carver is proud to bring its cash management offering to the diverse communities it serves across the Greater New York City region.
  • Carver's new offering contains a complementary suite of services and products to help entrepreneurs and businesses succeed:

Carver Bancorp, Inc. Names Craig C. MacKay Interim CEO

Retrieved on: 
Monday, August 14, 2023
University, Equitable Holdings, Oppenheimer, Oppenheimer Holdings, Borro Private Finance, Senior advisor, Business, LISC, MBA, England, John Carver (board policy), Wharton School of the University of Pennsylvania, SunTrust Banks, Pioneer Fund, Growth, Bank, Local Initiatives Support Corporation, Carver Federal Savings Bank, Management, Economics, Carver

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that its board of directors unanimously appointed Craig C. MacKay as interim President & CEO, effective October 1, 2023.

Key Points: 
  • NEW YORK, Aug. 14, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that its board of directors unanimously appointed Craig C. MacKay as interim President & CEO, effective October 1, 2023.
  • Carver previously announced that its current President & CEO, Michael T. Pugh, will depart on September 30, 2023, to become the CEO of the Local Initiatives Support Coalition ("LISC"), a national nonprofit organization.
  • Combined with his Carver board service, he is well suited to lead the company as interim President & CEO.
  • Craig C. MacKay stated, "I'm honored to be named interim President & CEO of this historic institution, which has served the banking needs of traditionally underserved communities throughout Greater New York City for 75 years.

LISC names Michael T. Pugh as CEO

Retrieved on: 
Thursday, August 10, 2023
Small business, Literacy in Bihar, Society, Education, Economic Club of New York, Local Initiatives Support Corporation, University of Michigan, LISC, Capital One, Treasury, Citizenship, Eastern Michigan University, Citizens Financial Group, Carver Federal Savings Bank, Retirement, Dream, Commerce, Harlem, Growth, Health, Safety, Management, Bank

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Michael T. Pugh, president and CEO of Carver Bancorp [NASDAQ: CARV], as its new chief executive officer.

Key Points: 
  • Will begin in role on October 2, 2023
    NEW YORK, Aug. 10, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Michael T. Pugh, president and CEO of Carver Bancorp [NASDAQ: CARV], as its new chief executive officer.
  • In 2022, LISC deployed a record $2.8 billion to bridge gaps in health, wealth, and opportunity, prioritizing efforts to address systemic racial disparities.
  • "With Michael, we begin a new era of creative leadership that will help LISC write its next chapter," said Sally Durdan, a board member who led the CEO search committee.
  • Pugh, 51, will begin his new role as LISC CEO on October 2nd, joining a leadership team that has decades of experience in the organization and in community development finance broadly.

Carver Bancorp, Inc. Announces Chief Executive Officer Transition

Retrieved on: 
Wednesday, August 9, 2023
John Carver (board policy), Greater New York, Bank, History, Carver Federal Savings Bank, Management

Mr. Pugh is departing Carver to pursue professional and philanthropic interests on a national level.

Key Points: 
  • Mr. Pugh is departing Carver to pursue professional and philanthropic interests on a national level.
  • Mr. Pugh joined Carver in 2012 as Chief Revenue Officer.
  • He was named President and Chief Operating Officer in 2013, and succeeded Deborah Wright as Chief Executive Officer in January 2015.
  • Michael T. Pugh stated, "It has been the highlight of my career to serve as the President & CEO of Carver.