The Black-owned bank must submit, by Sept. 30, a three-year plan including strategic goals, key financial indicators, risk ...

The holding company for Carver Federal Savings Bank announced the transition as the bank’s current president/CEO and board member Michael T. Pugh will leave effective Sept. 30, 2023. He is ...

Carver Bancorp named Donald Felix as its president and CEO, effective Nov. 1, the company announced Monday. Felix will succeed Craig MacKay, who had served as interim CEO of the Black-owned bank ...

For Black-owned Carver Federal Savings Bank, Dream Chasers Capital Group is the investor who won’t go away. The investment fund exchanged a volley of press releases with Carver last year as the ...

Carver Bancorp, the holding company of one of the nation's largest Black banks, has hired Donald Felix, an outsider with big-bank experience, to be its president and CEO. Felix, 50, will join the $748 ...

Michael Pugh has been CEO of Carver Federal Savings Bank since 2015. Michael Pugh is stepping down as president and CEO of Carver Federal Savings Bank, one of the nation's most prominent Black banks, ...