-- Stockholders Re-Elect Jillian E. Joseph and Kenneth J. Knuckles to Serve on the Carver Board of Directors --
-- Harlem-Based Minority Depository Institution Emphasizes Commitment to Shareholders and Focus on Improved Profitability --
NEW YORK, Jan. 27, 2025 -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver" or the "Company"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"), today certified the results of its Annual Meeting of Stockholders (the "Annual Meeting") held on December 12, 2024. At the meeting, Carver stockholders re-elected directors Jillian E. Joseph and Kenneth J. Knuckles, an endorsement of the Board and the Company's turnaround strategy.
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