Carver

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.

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

Monday, February 8, 2021 - 3:30pm

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 and John Hope Bryant Announce a New Sizeable Long-term Deposit in the Bank to Support Economic Empowerment in Communities of Color

Friday, February 5, 2021 - 4:30pm

NEW YORK, Feb. 5, 2021 /PRNewswire/ --Carver Federal Savings Bank ("Carver" or the "Bank"), a certified Minority Depository Institution ("MDI"), and John Hope Bryant, an American entrepreneur and philanthropist, announced today that Operation HOPE, Inc .

Key Points: 
  • NEW YORK, Feb. 5, 2021 /PRNewswire/ --Carver Federal Savings Bank ("Carver" or the "Bank"), a certified Minority Depository Institution ("MDI"), and John Hope Bryant, an American entrepreneur and philanthropist, announced today that Operation HOPE, Inc .
  • and The Promise Homes Company are collectively making a sizeable long-term deposit in Carver to support economic empowerment in communities of color.
  • John Hope Bryant, the Founder and CEO of both Operation HOPE, Inc. and The Promise Homes Company, is passionate about providing minority communities with the tools to build wealth - financial literacy, financial inclusion, and economic empowerment.
  • Carver Bancorp, Inc. (NASDAQ: CARV) is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank.

Capital Square Breaks Ground on Second Opportunity Zone Project in Richmond, Virginia

Wednesday, January 27, 2021 - 1:00pm

"In spite of the pandemic, Capital Square had a record-breaking 2020, with five qualified opportunity zone funds and a number of other real estate developments in production."

Key Points: 
  • "In spite of the pandemic, Capital Square had a record-breaking 2020, with five qualified opportunity zone funds and a number of other real estate developments in production."
  • The development of Scott's Collection II is the direct result of CSRA Opportunity Zone Fund II, LLC, a project-specific opportunity zone fund launched by Capital Square in December 2019.
  • Scott's Addition is a designated opportunity zone with a census tract that stretches across Virginia Commonwealth University and the Carver neighborhood.
  • Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020.

Geo. W. Carver Debuts Collection Of Food & Beverage Products inspired by an American Icon and Food Scientist

Tuesday, January 26, 2021 - 8:03pm

W. Carver, the brandhonoring groundbreaking food scientist George Washington Carver, is bringing its collection of snacks to consumers this spring and summer.

Key Points: 
  • W. Carver, the brandhonoring groundbreaking food scientist George Washington Carver, is bringing its collection of snacks to consumers this spring and summer.
  • W. Carver brand includes:
    Nut-Based Spreads: Peanut Butter, Almond Butter, Cashew Butter and Hazelnut Butter, Fig Jam, Pistachio Spread;
    "The story of George Washington Carver is uplifting.
  • W. Carver products will be available at e-commerce outlets, grocery stores and retailers nationwide, this summer.
  • W. Carver's full collection of products and licensing inquiries, prospective suppliers can contact the brand at https://www.geowcarver.com .

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

Wednesday, December 2, 2020 - 6:00pm

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.

energyhill Client Mighty Carver to Appear on ABC's Shark Tank

Thursday, November 5, 2020 - 12:43pm

Kim and Lance Burney, founders of the Mighty Carver, will appear on Shark Tank on Friday, November 6 for Season 12, Episode 4 of the Emmy Award-winning show where entrepreneurs pitch their products to business moguls and venture capitalists.

Key Points: 
  • Kim and Lance Burney, founders of the Mighty Carver, will appear on Shark Tank on Friday, November 6 for Season 12, Episode 4 of the Emmy Award-winning show where entrepreneurs pitch their products to business moguls and venture capitalists.
  • "energyhill was really instrumental with helping us from the very concept," Kim Burney, inventor and owner of the Mighty Carver said.
  • From the time the Mighty Carver began, energyhill positioned the brand to establish it as a first of its kind in electric kitchen tools.
  • To give them the best chance to secure an investment from one of the Sharks, energyhill prepared the Mighty Carver stakeholders for their pitch on Shark Tank.

Asthma and Allergy Foundation of America (AAFA) Appoints Melanie Carver Chief Mission Officer

Thursday, August 6, 2020 - 1:53pm

Washington, D.C., Aug. 06, 2020 (GLOBE NEWSWIRE) -- The Asthma and Allergy Foundation of America (AAFA) is excited to announce Melanie Carver has been named Chief Mission Officer of the organization.

Key Points: 
  • Washington, D.C., Aug. 06, 2020 (GLOBE NEWSWIRE) -- The Asthma and Allergy Foundation of America (AAFA) is excited to announce Melanie Carver has been named Chief Mission Officer of the organization.
  • As Chief Mission Officer, Carver will continue to lead AAFAs programmatic work as a community-focused organization.Included in that community focus, she will oversee AAFAs community outreach, marketing and communications, education, and asthma & allergy friendly Certification Program relations.
  • Melanie is the North Star of everything AAFA does and she is a part of the asthma and allergy community herself.
  • Carver is also playing a leading role in the organizations response to the COVID-19 pandemic, addressing asthma and allergy concerns.

Morgan Stanley Announces $14 Million to Support CDFI Carver Bancorp, Inc.

Thursday, July 30, 2020 - 5:00pm

Morgan Stanley (NYSE:MS) today announced $14.6 million to support long-time partner Carver Bancorp, Inc., one of the nations largest Minority Depository Institutions (MDI).

Key Points: 
  • Morgan Stanley (NYSE:MS) today announced $14.6 million to support long-time partner Carver Bancorp, Inc., one of the nations largest Minority Depository Institutions (MDI).
  • Morgan Stanley is proud to support Carver Bank at this critical time for the communities they serve that have been disproportionately impacted by the public health crisis, said James Gorman, Chairman and Chief Executive Officer of Morgan Stanley.
  • "We are thankful for Morgan Stanleys support and partnership with Carver.
  • Morgan Stanley and Carver Bank have enjoyed a robust partnership since 2011, and we look forward to this next phase in our collaboration to support the residents and businesses that Carver serves, particularly those more substantially impacted by COVID-19, said Shelley OConnor, Chairman and CEO of Morgan Stanley Private Bank, National Association and Morgan Stanley Bank, N.A.

Aura Launches New Carver Smart Photo Frame

Tuesday, July 14, 2020 - 2:00pm

With the new Carver collection, were glad to continue spreading joy and connecting loved ones from afar to enjoy cherished moments in an elegant, highly designed frame."

Key Points: 
  • With the new Carver collection, were glad to continue spreading joy and connecting loved ones from afar to enjoy cherished moments in an elegant, highly designed frame."
  • Boasting the largest display size within the Aura portfolio at 10.1 diagonal and a 1920x1200 screen resolution, the Carver Collection dramatically presents your photos in brilliant HD.
  • Our homes are already full of screens and gadgets, but we wanted to make sure an Aura frame is not just another piece of technology, said Eric Jensen, Co-Founder and Chief Technology Officer of Aura Frames.
  • In April and May, Aura saw a spike in sales across its digital frame portfolio.