Carver Bancorp, Inc. Announces Chief Financial Officer Notice of Departure
January 12 2016 - 8:30AM
Carver Bancorp, Inc. (the “Company”) (Nasdaq:CARV), the holding
company for Carver Federal Savings Bank, today announced that David
Toner will be stepping down as Chief Financial Officer, effective
on or about February 18, 2016, to pursue other opportunities. Mr.
Toner will continue to serve as CFO until that time and will assist
with the transition. The Company has initiated a search to identify
a successor, and will provide additional information on the search
process in the weeks ahead. Mr. Toner joined Carver Bancorp, Inc.
in 2009 and has served as CFO since 2013.
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. As part of
Carver’s mission to promote economic development and revitalize
underserved communities, the Bank 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.
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.
Contacts:
Michael Herley/Ruth Pachman
Kekst
(212) 521-4897/4891
michael.herley@kekst.com
ruth.pachman@kekst.com
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