Welcome to our dedicated page for Carver Bancorp news (Ticker: CARV), a resource for investors and traders seeking the latest updates and insights on Carver Bancorp stock.
Carver Bancorp, Inc. (CARV) generates news that reflects both its role as a mission-driven community bank and its status as a publicly traded bank holding company. As the parent of Carver Federal Savings Bank, a Harlem-based savings institution and Community Development Financial Institution (CDFI) and Minority Depository Institution (MDI), Carver’s announcements often focus on community banking, governance, regulatory matters, and strategic transformation.
News coverage for CARV commonly includes corporate and regulatory disclosures, such as decisions to voluntarily delist from the Nasdaq Stock Market, deregister from the SEC, and transition trading of its common stock to OTC Markets. These events are documented through company press releases and Form 8-K filings that outline the rationale for changing trading venues, expected timelines, and implications for financial reporting and investor access to information.
Carver also issues governance and leadership updates, including board modernization initiatives and senior appointments. Examples include announcements describing a multi-year board refresh plan, skills-based director recruitment, and changes to director compensation, as well as the appointment of a Senior Enterprise Risk Management Advisor with extensive regulatory experience at the Office of the Comptroller of the Currency. Such items provide insight into how Carver is seeking to strengthen oversight, risk management, and strategic execution.
Another category of CARV news relates to mission and community engagement. Company communications highlight Carver’s commitment to serving everyday New Yorkers, its recognition as a CDFI and MDI, and its participation in events that underscore the role of community banks in addressing barriers to financial access. These stories help investors and community stakeholders understand how Carver connects its business activities to its stated mission of financial empowerment and local economic vitality.
In addition, external commentary from shareholders and investor groups can appear alongside company-issued releases, particularly around topics such as delisting decisions, strategic alternatives, and board performance. While these perspectives represent the views of those groups, they form part of the broader news environment surrounding CARV.
For investors, analysts, and community members, following CARV news provides context on Carver’s strategic direction, governance changes, regulatory milestones, and ongoing efforts to evolve as a modern urban community bank while maintaining its community development focus.
Carver Bancorp (OTCQB: CARV) announced its Annual Meeting of Stockholders will be held on May 21, 2026. The company said it will provide additional meeting details later.
Stockholders who wish to nominate directors or bring other business for consideration must follow the company’s Second Amended and Restated Bylaws. If the meeting date is on or after the prior year’s anniversary, written Notice must be delivered to or received by the Secretary on or before February 20, 2026, which is 90 days prior to the Annual Meeting. The Notice procedures are set out in Article II, Sections 11 and 13 of the Bylaws.
Carver Bancorp (OTCQB: CARV) commenced trading on OTC Markets effective Dec 8, 2025, allowing stockholders to access quotes and volume on www.OTCmarkets.com and other public platforms. Management says the move is meant to provide greater flexibility to improve operational excellence, accelerate growth and enhance capital position.
The company named Jason Sisack as a senior executive, committed to refresh 75% of the board over three years, and reduced director cash compensation by 50%, citing expected cost savings from de-listing from the SEC and Nasdaq. Carver will publish an annual audited report and quarterly interim financials at www.carverbank.com and will continue filing quarterly FFIEC Call Reports.
Carver Bancorp (NASDAQ: CARV) announced it will voluntarily delist from Nasdaq and deregister its common stock with the SEC, and intends to list on OTCQX under the symbol CARV.
The company plans to file Form 25 on or about Nov 28, 2025, expects the last Nasdaq trading day on or about Dec 5, 2025, and expects OTCQX quotation beginning on or about Dec 8, 2025. The company also intends to file Form 15 on or about Dec 8, 2025; SEC periodic reporting will be suspended immediately on filing and will terminate when deregistration becomes effective 90 days after Form 15 is filed.
The company said the move will reduce recurring operating expenses, provide greater flexibility to pursue strategic initiatives, and that it will continue to provide an annual audited report and post quarterly interim information on its website; Call Reports will continue to be filed with the OCC.
Carver Bancorp (Nasdaq: CARV) announced a comprehensive board modernization initiative on November 5, 2025 to align governance with leading companies as it transforms into a modern urban community bank.
Key actions include a 75% board refresh over the next 12 quarters (subject to regulatory approvals), a 50% reduction in cash director compensation with an equity retainer and elimination of per-meeting fees, annual skills-based recruitment and director performance reviews, a 15-year tenure cap effective April 2026, and an age limit of 75. The company also named Jason Sisack, former OCC Assistant Deputy Comptroller with >25 years of regulatory experience, as senior enterprise risk management advisor to the CEO.
Dream Chasers urged Carver Bancorp (NYSE:CARV) and the public on November 4, 2025 to support victims of Hurricane Melissa in Jamaica and the Caribbean by donating to charities of their choice.
The group requested Carver's CEO and board to launch an online relief donation drive, coordinate with financial partners and charities, and designate seven NYC branches as drop-off sites for supplies. Dream Chasers clarified it is not accepting donations and listed recommended charities while advising donors to perform due diligence.
Carver Bancorp (Nasdaq: CARV) appointed Jason Sisack as Senior Enterprise Risk Management Advisor, effective Nov 4, 2025, reporting to President and CEO Donald Felix.
Mr. Sisack brings 25+ years of experience at the Office of the Comptroller of the Currency, including service as Assistant Deputy Comptroller for the Atlanta and NYC field offices from 2015–2025. He will support Carver's strategic transformation by focusing on enhanced risk management, asset quality, balance sheet strategies, governance, and sustainable profitability while advancing the bank's mission as a CDFI and Minority Depository Institution.
Dream Chasers Capital Group (DCCG), Carver Bancorp's (NASDAQ:CARV) largest shareholder with a 9.7% stake, is seeking potential buyers or partners to acquire a controlling interest in the bank. This call for sale comes as Carver faces regulatory challenges, with a recent June 2025 OCC order addressing unsafe practices related to strategic planning and earnings performance.
The bank's current situation shows concerning metrics: $30M in losses, $40M in capital destruction since 2020, and an 80% stock price decline. DCCG highlights Carver's assets including $700M in assets, $600M in deposits, CDFI certification, and partnerships with JP Morgan and Morgan Stanley. The fund proposes a new business model focusing on digital strategy, crypto services, and structural changes including board reconfiguration and performance-based compensation.
FAQ
What is the current stock price of Carver Bancorp (CARV)?
What is the market cap of Carver Bancorp (CARV)?
