NEW YORK, June 07, 2016 (GLOBE NEWSWIRE) -- Carver Bancorp, Inc. (NASDAQ:CARV), the holding company for Carver Federal Savings Bank (“Carver”), today announced that Carver’s Chief Lending Officer Blondel Pinnock and Carver Community Development Corporation President Takisia Whites were recent guests on Marc Clarke’s Sunday morning “In Focus” radio show on 103.9 FM in New York City.
A rebroadcast of the segment may be found by visiting the following link: http://bit.ly/1Xy7avf.
Commenting on the interview, Marc Clarke said, “I think it is so important that we support valuable institutions like Carver Federal Saving Bank and circulate those valuable dollars in our communities.”
“As a committed member of the New York City community, with nine full-service branches located in Brooklyn, Manhattan and Queens, Carver’s mission-based approach to banking has been part of our DNA since our founding in 1948,” said Ms. Pinnock. “Indeed, Carver reinvests $0.83 of each deposit dollar we take in back into the communities we serve through a variety of consumer and small business loan products.”
During the interview, Ms. Pinnock and Ms. Whites highlighted the various ways Carver promotes local community development including:
- The importance of having a relationship with a local banker who understands your needs;
- Why financial literacy is so important and how Carver is partnering with organizations to increase financial education in the community;
- Carver’s approach to working with minority and women-owned business enterprises (“MWBEs”) including its Small Business Mentoring Program partnership with the Empire State Development and the Metropolitan Transportation Authority (“MTA”); and
- How Carver uses technology investments, such as the Carver mobile banking app, to reach millennial customers and the next generation of aspiring entrepreneurs.
About Carver Bancorp, Inc.
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. In light of its mission to promote economic development and revitalize underserved communities, Carver has been designated by the U.S. Department of the Treasury as a Community Development Financial Institution. Carver is among the largest African- and Caribbean-American managed banks in the United States, with nine full-service branches in the New York City boroughs of Brooklyn, Manhattan, and Queens. For further information, please visit the Company's website at www.carverbank.com.
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Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors, risks and uncertainties. More information about these factors, risks and uncertainties is contained in our filings with the Securities and Exchange Commission.