Community Commitment

"When you do common things in life in an uncommon way, you will command the attention of the world" - George Washington Carver (1864-1943)

Carver was founded in 1948 to serve African-American communities whose residents, businesses and institutions had limited access to mainstream financial services. Today, Carver is the largest African-American operated bank in the United States. The Bank remains rooted in expanding wealth enhancing opportunities in the communities it serves, by expanding access to capital and financial advice, to consumers, businesses and non-profit organizations, including faith-based institutions. The Bank remains headquartered in Harlem, and predominantly all of its 10 branches and stand-alone 24/7 ATM Centers are located in low-to-moderate income neighborhoods.

Many of these historically underserved communities are now experiencing unprecedented growth and diversification of incomes, ethnicity and economic opportunity, after decades of public and private investment.

A measure of its progress in achieving this goal includes the Bank's "Outstanding" Community Reinvestment Act rating, awarded by the Office of Thrift Supervision following its most recent Community Reinvestment Act examination in 2006. The examination report noted that 95% of Carver's loan originations were within low- to moderate-income geographies, which far exceeded peer institutions.

Carver has been designated by the U.S. Treasury Department as a Community Development Financial Institutions (CDFI) because of our community focused banking services and our dedication to the economic viability and revitalization of underserved neighborhoods. Carver continues to invest in developing and executing a community bank that meets the needs of today's customer.


About Carver