What is the purpose of carver bank? Carver Bank supports our food & beverage businesses that are so vital to our communities by promoting the American Rescue Plan Act establishing a $28.6 Billion fund administered by the Small Business Administration. Carver At A Glance. Bank with us. Carver Federal Savings Bank shares your commitment to your community.Why did carver bancorp shares skyrocket to a 10 year high? Shares of Carver Bancorp Inc. skyrocketed in very volatile trading toward a 10-year high, even though the New York-based bank serving African-American communities apparently has not released any news. Carver Bancorp shares triple as retail investors rally around the African-American-backed New York financial-services company.
Mr. Michael Pugh, President and Chief Executive Officer of Carver Bancorp. “Carver Bank applauds the path-breaking efforts of the International Black Business Museum in recognizing the important, yet often overlooked, roles of Black entrepreneurs and inventors in enhancing economic development in the global economy.”.