NEW YORK, June 13, 2017 /PRNewswire/ -- Carver
Bancorp, Inc. (Nasdaq:CARV) (the "Company"), the holding company
for Carver Federal Savings Bank ("Carver"), announced that
Craig C. MacKay was recently
appointed to the Company's Board of Directors. Mr. MacKay's
appointment brings the total number of directors at the Company to
ten.
"We are pleased to welcome Craig C.
MacKay to the Carver Bancorp Board of Directors," said
Robert R. Tarter, Chairman of the
Board of Directors. "The board is comprised of a diverse group of
directors that possess broad financial, executive management and
consulting experience from both the private and not-for-profit
sector. The board remains highly focused on improving Carver's
profitability and strengthening its risk management systems. We
look forward to leveraging the professional experience of our
newest director in the months and years ahead."
Mr. MacKay is a managing director and partner with England & Company, LLC, an independent
investment banking and advisory firm. With over twenty years of
board experience, Mr. MacKay currently serves on the boards of the
Federation of Protestant Welfare Agencies and the Harlem Dowling
Westside Center. Prior to joining England & Company in 2012, Mr. MacKay led
the Private Finance Group at Oppenheimer & Company, was the
head of Private Finance at SunTrust Robinson Humphrey, and was the
Managing Member and founder of HNY Associates, an investment
banking boutique.
"As a community development financial institution focused on
serving low- to moderate- income New Yorkers and small business
owners, we enthusiastically welcome Mr. MacKay to the Company's
board of directors and to the Carver family," remarked Michael T. Pugh, President, Chief Executive
Officer and Director of the Company. "Carver has been at the
pinnacle of minority-managed financial institutions since our
founding in 1948 and I look forward to working closely with Craig
and the entire board to successfully execute Carver's strategic
plan to improve top-line growth and profitability."
About Carver Bancorp, Inc.
Carver Bancorp, Inc. is the holding company for Carver Federal
Savings Bank, a federally chartered stock savings bank. Carver was
founded in 1948 to serve African-American communities whose
residents, businesses, and institutions had limited access to
mainstream financial services. In light of its mission to promote
economic development and revitalize underserved communities, Carver
has been designated by the U.S. Department of the Treasury as a
community development financial institution. Carver is the
largest African- and Caribbean-American managed bank in
the United States, with nine
full-service branches in the New York
City boroughs of Brooklyn,
Manhattan, and Queens. For
further information, please visit the Company's website at
www.carverbank.com.
Please be sure to connect with us on Facebook, LinkedIn and
YouTube!
Facebook: https://www.facebook.com/CarverFederalSavingsBank/
LinkedIn: http://bit.ly/1M9Ld17
YouTube: http://bit.ly/1XwbgjI
Certain statements in this press release are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act. These statements are based on management's
current expectations and are subject to uncertainty and changes in
circumstances. Actual results may differ materially from
those included in these statements due to a variety of factors,
risks and uncertainties. More information about these
factors, risks and uncertainties is contained in our filings with
the Securities and Exchange Commission.
Media Contacts:
Michael
Herley/Emilee Hanson
Kekst
(212) 521-4897/4805
michael.herley@kekst.com
emilee.hanson@kekst.com
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SOURCE Carver Bancorp, Inc.