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Banking stocks: Carver Bancorp (CARV) (1948)

Carver Bancorp, Inc. (NASDAQ:CARV) was founded in 1948 and is headquartered in New York, USA. It has 130 full-time employees. Through the holding of Carver Federal Savings Bank, it mainly provides consumers, enterprises and government and quasi-government agencies in New York. Consumer and commercial banking services. .

Carver Bancorp Logo

Carver Bancorp (CARV):

Carver Bancorp, Inc. is a bank holding company. It is a federally chartered savings bank that controls the Carver Federal Savings Bank. It provides savings accounts and various loans, including mortgages, residential and non-residential housing loans, and commercial loans Wait.

Carver Savings uses a variety of deposit products, including on-demand deposits, savings and time deposits; passbook and statement accounts and deposit slips; and personal retirement accounts.

Carver Savings also provides various loan products, such as residential loans for 1 to 4 households, multi-family residential loans, commercial real estate loans, construction loans, commercial and consumer and other loans.

In addition, Carver Savings also provides other consumer and commercial banking products and services, including debit cards, online banking, online bill payment and telephone banking; and through check cashing, wire transfer, bill payment, rechargeable prepaid cards and money orders.

Carver Savings has branches in Brooklyn, Queens and Manhattan in New York City. As of March 31, 2018, the company has 1 administrative office and 9 branches.

A brief history of Carver Bancorp (CARV):

In 1948, George Washington Carver established the company at 53 West 125th Street. On November 5 of the same year, the company received the name authorization-Carver Federal Savings and Loan Association. On January 5, 1949, the company opened its first branch in Harlem, New York. In February 1961, the second branch was opened in Brooklyn, New York. In June 1975, the third branch was opened in the Crown Heights area of ​​Brooklyn, New York.

In July 1982, Carver merged with Allied Federal Bank to become a Federal Savings Bank, which was renamed Carver Federal Savings Bank in 1986.

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