David Toner steps down as CFO of Carver Bancorp, Inc.

(Global Newsire) – Carver Bancorp, Inc., the holding company for Carver Federal Savings Bank, announced earlier this week, that David Toner will be stepping down as Chief Financial Officer (CFO), effective on or about February 18, 2016, to pursue other opportunities.

Toner will continue to serve as CFO until that time and will assist with the transition. Carver Bancorp, Inc., has initiated a search to identify a successor, and will provide additional information on the search process in the weeks ahead. Toner joined Carver Bancorp, Inc. in 2009 and has served as CFO since 2013.

About Carver Bancorp, Inc.: 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.

Carver has been designated by the U.S. Treasury Department as a Community Development Financial Institution because of its community-focused banking services and dedication to the economic viability and revitalization of underserved neighborhoods. Carver is the largest African American run bank in the United States, with ten 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.