Carver was founded in 1948 to serve African-American communities whose residents, businesses, and institutions had limited access to mainstream financial services. Today, Carver is the largest African-American operated bank in the United States. Since its inception, the Bank has continuously been headquartered in Harlem, and most of our eight branches and 24/7 ATM Centers are located in low- to moderate- income neighbourhoods.
Carver Bank has been designated by the U.S. Treasury Department as a Community Development Financial Institutions (CDFI) because of Carver's community-focused banking services and dedication to the economic viability and revitalization of underserved neighborhoods.
A measure of its progress in achieving this goal includes the Bank's most recent "Outstanding" Community Reinvestment Act rating.
As CDFI Banks work to attract greater levels of investment and other support, the industry must do a better job of “telling the story” of the impact that is being generated by the sector. To facilitate this, NCIF created the Bank Impact Dashboard.