Supporting Minority-Owned Businesses
Carver Federal Savings Bank was featured on the PIX11 News for their Juneteenth segment Talking about how to support minority businesses.
To watch, CLICK HERE
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."
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.
Carver President and CEO, Michael Pugh on the Power of Inclusivity, Diversity, and a Commitment to Community, in the March issue of CEO Magazine. READ MORE