Privacy Policy

What Does Carver Bank Do With Your Personal Information?

Rev. Date 3/31/25

Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personalinformation. Please read this notice carefully to understand what we do.
What? The types of personal information we collect and share depend on the product or service you have with us. This information can include:
  • Social security number
  • Account balances
  • Transaction history 
  • Employment Information 
  • Credit history 
  • Credit score
How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information, the reasons Carver Bank chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does Carver Bank Share? Can You Limit This Sharing?
For our everyday business purposes–
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus		 Yes No
For our marketing purposes–
to offer our products and services to you		 Yes No
For joint marketing with other financial companies Yes No
For our affiliates' everyday business purposes–
information about your transactions and experiences		 Yes No 
For our affiliates' everyday business purposes–
information about your creditworthiness		 No N/A
For our affiliates to market to you Yes Yes
For our non-affiliates to market to you Yes Yes
To Limit Our Sharing
  • Call 718-230-2900 —our menu will prompt you through your choice(s)
Please note:
If you are a new customer, we can begin sharing your information 30days from the date we sent
this notice. When you are no longer our customer, we continue to share your information as
described in this notice.

However, you can contact us at any time to limit our sharing.
Questions
Call 718-230-2900
Who We Are
Who is providing this notice? CARVER FEDERAL SAVINGS BANK ("CARVER")
What We Do
How does Carver Bank protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

How does Carver Bank collect my personal information? We collect your personal information, for example when you
  • Open an account or deposit money
  • Apply for a loan or use a debit card
  • Make a wire transfer
Why can't I limit all sharing? Federal law gives you the right to limit only
  • sharing for affiliates’ everyday business purposes—information
    about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing
for an account I hold jointly with
someone else?
 Your choices will apply to everyone on your account
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.
  • Carver Bancorp, Inc., Carver Community Development Corp.,
    CFSB Realty Corp. and Carver Asset Corp.
Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies.
  • CARVER does share with nonaffiliates so they can market to
    you (ex. Mantl, UpStart—for online banking/lending).
Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you.
  •  Our joint marketing partners include Credit and Debit card co's;
    Mortgage co's; Money Transfer Remitter co's.