Carver Federal Savings Bank
BankingNew York, United States51-200 Employees
Carver Federal Savings Bank is a community-focused bank headquartered in Harlem, New York, with roots dating to 1948 and formal operations beginning in 1949 on 125th Street to provide residents with a place to save and secure mortgages for homeownership. Over the ensuing decades, the institution expanded beyond its initial Harlem location, opening a Brooklyn branch in Bedford-Stuyvesant in 1961 and extending its presence across Manhattan, Brooklyn, and Queens through the 1990s. Today it operates seven branches and standalone 24/7 ATM centers located in or near low-to-moderate income neighborhoods, reinvesting deposits to support the communities it serves. Carver is among the largest African- and Caribbean-American managed banks in the United States, channeling capital resources to underserved neighborhoods and offering financial guidance to individuals, businesses, and nonprofit organizations, including faith-based institutions. In March 2026, the bank announced the appointment of a new chief financial officer as part of leadership changes.