Prostate Cancer Screening Initiative

Carver Bank was pleased to sponsor The Blue Jacket Fashion Show's prostate cancer screening initiative at the Schomburg Center for Research in Black Culture on Wednesday, February 1, 2023 

The Mount Sinai Robert F. Smith Mobile Prostate Cancer Screening initiative is committed to enabling early detection of prostate cancer for at-risk Black men. 

This community-based wellness initiative to help Black men be proactive about their prostate health is brought to you by Mount Sinai and Carver Bank, in partnership with the Blue Jacket Fashion Show. The Blue Jacket Fashion Show, sponsored by Janssen Oncology, raises awareness of prostate cancer and funds for ZERO – The End of Prostate Cancer. ___________________________________________________________________________________________

Pitch Competition

Carver Bank, in partnership with The Greater Harlem Chamber of Commerce, announced the winners of the 2022 Minority Women-Owned Business Pitch Competition. Dozens of Harlem business owners, community leaders, and public officials came together to highlight important community issues and recognize two women-owned businesses that are making strides to reduce their carbon footprint. The entrepreneurs received a $5,000 Carver Bank grant to fund initiatives that would enhance energy efficiency at their company.

Habitat for Humanity

New York City and Westchester
Carver Federal Savings Bank joined Habitat for Humanity NYC on one of their sites in Queens to celebrate their first Juneteenth Build!


Ivy Rose Foundation

Carver was a proud sponsor of Ivy Rose Foundation's annual charity event.  The non-profit organization provides and promotes education and cultural activities in Brooklyn.  It's fundraising efforts support local partners including the Alpha Kappa Alpha Sorority, Inc.  The bank presented a check for $10,000 that will go towards scholarships for deserving students.


UN Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA)

Carver President and CEO, Michael Pugh was in attendance at a roundtable meeting with Her Majesty, Queen Máxima of the Netherlands, moderated by Financial Health Network.  They discussed how U.S. financial services providers are embedding "financial health" into global business strategies.

Major League Soccer

Major League Soccer has taken out a $25 million loan from a syndicate of eight Black banks.  This deal will almost immediately allow the Black banks to offer more loans and lines of credit in Black and economically disadvantaged neighborhoods.

"Carver Bank is thrilled to partner with Major League Soccer to meet its loan capital needs," said Michael T. Pugh, President and CEO.  "This opportunity highlights the breadth and scope of our team's commitment to providing tailored financial solutions to our customers.  As a leading Black-managed, Minority Depository Institution (MDI), we remain committed to economic equality for all and would like to thank MLS for their collaboration."


Closing Bell
Michael T. Pugh, President and CEO of Carver Bancorp, Inc.  the holding company for Carver Federal Savings Bank, rang the closing Bell at the Nasdaq headquarters in Times Square.  To watch, CLICK HERE

Nasdaq Entrepreneurial Center
Carver Bank joined a team of experts at the Nasdaq Center to celebrate the diversity of our communities and discuss resources available to advance inclusive prosperity, and financial literacy.