Carver Bancorp, Inc. (CARV) News

Carver Bancorp, Inc. (CARV): $1.83

0.06 (+3.39%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: Northeast Regional Banks

Industry

F

Ranked

#46 of 68

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Latest CARV News From Around the Web

Below are the latest news stories about CARVER BANCORP INC that investors may wish to consider to help them evaluate CARV as an investment opportunity.

Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's Recent Performance

Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank, today released a letter from its Interim CEO Craig C. MacKay on the Bank's recent performance:

Yahoo | November 29, 2023

Activist group boosts its offer to buy New York-based Carver

Dream Chasers upped its bid for Carver, one of the nation's largest and highest-profile Black banks, by a quarter, to $3.25 per share, dismissing the growth strategy interim CEO Craig MacKay outlined in a recent shareholder letter.

Yahoo | November 22, 2023

Dream Chasers raises its offer to $3.25 per share for 35% of Nasdaq listed Carver Bancorp symbol: CARV

Dream Chasers Capital, Carver Bancorp's largest minority shareholder, encourage investors to call and email the bank to accept its improved $3.25 per share offer-an over 100% premium to the current stock price.

Yahoo | November 20, 2023

Carver Bancorp, Inc. Interim CEO Craig C. MacKay Provides Strategic Update on the Bank's Progress and Impact on the Communities it Serves

Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") today released a letter to shareholders from its Interim CEO Craig C. MacKay that provides an update on the Bank's strategic progress and impact on the communities it serves.

Yahoo | November 3, 2023

TruFund Financial Services, Inc. Secures Additional $11.5 Million in Capital to Bolster Historically Under-Resourced Affordable Housing Developers

NEW YORK, September 29, 2023--TruFund Financial Services, Inc. is proud to announce the expansion of the Impact Developers Fund (IDF). The additional $11.5 million includes commitments from three new investors, in addition to increased commitments from the Ford Foundation and Tru-Capital Investment Fund, the general partner of the fund. This results in a >40% increase in the fund's size to a total of $37.5 million.

Yahoo | September 29, 2023

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

Carver Federal Savings Bank ("Carver"), a Community Development Financial Institution ("CDFI") and a certified Minority Depository Institution ("MDI"), is helping drive economic empowerment for small businesses in New York City through its innovative microloan program. Carver's program assists entrepreneurs in accessing capital to grow their businesses in a post-pandemic world. Leveraging algorithm-based software, Carver goes beyond traditional credit scores that historically have hindered borro

Yahoo | September 22, 2023

Leading Bank in Harlem Faces Hostile Takeover From One of its Biggest Shareholders Dream Chasers Capital

On August 14, 2023, Dream Chasers Capital Group, one of Carver Federal Savings Bank's (NASDAQ: CARV) biggest shareholders of record with a 5.5% stake, has made a significant offer to buy 35% of the bank's shares for $3 a share, a premium above the current stock price.

Yahoo | August 31, 2023

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

Carver Federal Savings Bank ("Carver"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"), is helping entrepreneurs take their businesses to the next level with its new state-of-the-art online cash management tools.

Yahoo | August 16, 2023

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

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. His appointment will facilitate a smooth leadership transition until a permanent President & CEO is named after a national search is conducted. Carver previously announced that its current President & CEO, Michael T. Pugh, will depart on September 30

Yahoo | August 14, 2023

LISC names Michael T. Pugh as CEO

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.

Yahoo | August 10, 2023


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