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Founded in 1948, and named for agricultural researcher and scientist George Washington Carver, Carver Federal Savings Bank formally began operations on January 5, 1949 on 125th Street in Harlem, providing local residents a place to save and obtain mortgages to buy homes in their own communities. In February 1961, Carver opened its first branch in the Bedford-Stuyvesant section of Brooklyn and continued expanding its operations in Manhattan, Brooklyn and Queens into the 1990s. In 1994, Carver Bancorp, Inc. became a publicly traded company and in 2007 was listed on the NASDAQ stock exchange (CARV). Carver Bancorp, Inc. is the holding company of Carver Federal Savings Bank. Today, Carver is the largest African- and Caribbean-American operated bank in the USA and channels its capital resources into underserved neighborhoods by reinvesting over 83% of its deposits into the communities we call home. The Bank remains rooted in expanding wealth enhancing opportunities in the communities it serves, by expanding access to capital and financial advice to consumers, businesses and non-profit organizations, including faith-based institutions. Carver remains headquartered in Harlem, and predominantly all of its 9 branches and stand-alone 24/7 ATM Centers are located in low-to-moderate income neighborhoods.
Fahey Bank is a Marion, OH-based company in the Financial Services sector.
Synovos Financial is a Columbus, GA-based company in the Financial Services sector.
TE Wealth is a Montreal, CA-based company in the Financial Services sector.
SouthStar Bank is a consolidation of the family-owned Lone Star Bank, First Star Bank, and Texas Star Bank – all State Savings Banks (S.S.B.). All three banks have a 5-Star rating by industry analyst BauerFinancial (www.bauerfinancial.com). Operations under the new name of SouthStar Bank have begun as of January 1, 2015 with approximately $650 million in assets. The combined banks will continue to serve their traditional central and south Texas markets through 14 full-service branches and five loan production offices. David Kapavik, President and CEO of Lone Star Bank (Moulton, TX) for 20 years has been named President and CEO of the new SouthStar Bank. Norman Koch, President of First Star Bank (Bremond, TX), has been named Regional President. Texas Star Bank (Lott, TX) President Billy Fleming has been named Executive Vice President and National Sales Manager for the firm`s mortgage warehousing operation. Throughout their 100-year history, the banks have remained true to their rural Texas heritage, focusing on community values and personal relationships coupled with flexible, common-sense lending. SouthStar Bank will continue to live these core values while specializing in commercial real estate lending, consumer and home loans, and nation-wide mortgage warehouse funding.