(CARV) Capital Planning Workshop for Small Business Entrepreneurs

NEW YORK, March 15, 2016 —

What:

Carver Federal Savings Bank (Nasdaq:CARV) will host an informational workshop designed to help small business entrepreneurs make sound decisions about accessing capital to start, sustain or grow their businesses. During this free workshop, Carver will provide participants with the tools needed to develop, manage and understand the business solutions available in today’s market.

This “Access to Capital for Small Business Entrepreneurs” workshop is being offered by Carver in tandem with Greater Jamaica Development Corporation, New York Business Development Corporation, and the New York State Small Business Development Center. The workshop will cover the following topics:

·  How do I get “credit ready”

·  Eligibility requirements for SBA loans and other alternative loan products

·  Financing opportunities available for start-ups and existing businesses

·  Programs and services available for small business owners

·  Introduction to Carver’s full suite of lending products

To register for the Access to Capital for Small Business Entrepreneurs workshop, please email rsvp@carverbank.com or contact Zenja Quarles of Carver at (212) 360-8860.

Where:

Carver Jamaica Center Branch, 158-45 Archer Avenue @ 160th Street, Brooklyn, NY 11217

When:

Tuesday, March 22 from 6:00 p.m. to 8:00 p.m.

About Carver Federal Savings Bank

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 among the largest African- and Caribbean-American managed banks 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.

About Greater Jamaica Development Corporation

Greater Jamaica Development Corporation is one of the nation’s first community development corporations.  Under the stewardship of Carlisle Towery for more than 40 years, GJDC has been in the forefront of encouraging private and public investment in a way which enhances the quality of life for the people who live and work in Jamaica, Queens.  For many years, that struggle focused on encouraging private businesses to remain and revitalize what had once been a flourishing commercial hub. http://gjdc.org/.

About New York Business Development Corporation
New York Business Development Corporation’s (NYBDC) goal is to promote the business prosperity and economic welfare of the State of New York by providing loans to small businesses including start-up, early stage and mature businesses, with a particular emphasis on minority and women owned businesses. NYBDC provides opportunities to access capital to create or preserve job opportunities and to stimulate the growth, expansion and modernization of small businesses in New York State. For more information, please visit NYBDC’s website at www.nybdc.com/.

About New York State Small Business Development Center
The New York State Small Business Development Center (New York SBDC) – the premier business assistance organization in New York State – provides expert management and technical assistance to start-up and existing businesses across the state. The New York SBDC is administered by State University of New York and funded by the U.S. Small Business Administration, the State of New York, and host campuses. For more information, please visit the SBDC’s website at www.nyssbdc.org/.

Contact Details for Carver Federal Savings Bank:
Zenja Quarles
Assistant Vice President, Marketing Manager
(212) 360-8860
zenja.quarles@carverbank.com  

Media
Michael Herley/Ruth Pachman
Kekst
(212) 521-4897/4891
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ruth.pachman@kekst.com