Is Carver Federal bank still black owned?
Carver Federal Savings Bank remains fundamentally Black-owned and controlled, retaining its historic designation as one of the most prominent minority-depository institutions in the United States. Headquartered in New York City, the bank continues to focus heavily on providing accessible retail banking, small business loans, and mortgage products to historically underserved communities of color. Despite evolving financial landscapes and broader industry consolidation, Carver preserves its foundational commitment to minority economic advancement, ensuring that its governance, leadership focus, and community reinvestment strategies remain authentically aligned with its original founding principles.
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Carver Federal Savings Bank operates as a historic, publicly traded financial institution that has proudly maintained its status as a Black-owned and managed commercial bank since its founding.