Carver Bancorp, Inc.·Financial Services

NEW YORK, May 22, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank," a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI")), today announced that stockholders have elected both of the Company's director nominees – Keith Mestrich and Donald Felix – to the Board of Directors (the "Board") at the Annual Meeting of Stockholders (the "Annual Meeting") held May 21, 2026. Each of Carver's nominees received more than 90% of the votes cast.

Nominees Keith Mestrich and Donald Felix Collectively Bring Backgrounds that Directly Align with Carver's Needs, Including Experience Transforming Financial Institutions and Driving Profitability and Growth Refreshment Delivers on Previously Announced Board Modernization Commitment and is a Critically Important Part of Positioning Carver for Sustainable Profitability and Growth Management and the Board Continue to Take Decisive Actions to Improve Performance and Enhance Value for All Stockholders Vote on the WHITE Proxy Card TODAY to Elect Carver's Two Highly Qualified Candidates – Keith Mestrich and Donald Felix – to the Board NEW YORK, April 27, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank," a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI")), announced its slate of nominees for election to the Board of Directors (the "Board") at the 2026 Annual Meeting of Stockholders (the "Annual Meeting"). The slate includes: Keith Mestrich, former Chief Executive Officer and President of Amalgamated Bank.

Shares of Carver Bancorp, Inc. (NASDAQ: CARV - Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $1.85 and traded as low as $1.53. Carver Bancorp shares last traded at $1.77, with a volume of 876 shares changing hands. Carver Bancorp Trading Up

Shares of Carver Bancorp, Inc. (NASDAQ: CARV - Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $1.89 and traded as low as $1.50. Carver Bancorp shares last traded at $1.74, with a volume of 7,564 shares changing hands. Carver Bancorp Stock Down

Promotion of Lisa Robinson Smith continues deliberate build-out of executive team to support Carver's transformation into a modern urban community bank. Seasoned finance executive brings over 20 years of financial services experience, including leadership roles at Guggenheim Investments, JPMorganChase, and Deloitte.

Significantly Advances Carver's Strategy to Improve Capital Position, Reduce Debt Load and Position the Bank to Deliver More for Its Stockholders and All Stakeholders NEW YORK, March 16, 2026 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank"), today announced that it has entered into an agreement with institutional holders of its Trust Preferred Securities (the "TruPS Holders") pursuant to which in excess of $1 million of interest obligations will be forgiven by the TruPS Holders in exchange for granting the TruPS Holders 524,826 shares of common stock (the "Exchange"). Donald Felix, President and CEO of Carver Bancorp, Inc., said, "We have been acting expeditiously and with purpose to solidify Carver's foundation and position the Bank for success.
Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts. The company also provides lending products, such as one-to-four family residential, multifamily real estate, and commercial real estate lending; and construction, business and small business administration, and consumer and other loans. In addition, it offers other consumer and commercial banking products and services, including debit cards, online account opening and banking, online bill pay, and telephone banking, as well as check cashing, wire transfer, bill payment, reloadable prepaid card, and money order services. The company operates through one administrative office, seven branches, and four ATMs. Carver Bancorp, Inc. was founded in 1948 and is headquartered in New York, New York.
Financial Services
Banks - Regional
111
1994-10-25
1.56