Carver Bancorp, Inc. Appoints Steven C. Bussey to the Board of Directors and Finance and Audit Committee
June 12, 2020 at 09:26 pm IST
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On May 28, 2020, the Board of Directors of Carver Bancorp, Inc. (the “Company”), following receipt of supervisory non-objection by the Board of Governors of the Federal Reserve System, appointed Steven C. Bussey to the Board of Directors of the Company. Steven C. Bussey is a Managing Director with Alvarez & Marsal in the Healthcare Industry Group in New York. He has more than 25 years of experience in finance, sales, and operations across the financial services and healthcare sectors. In this role, Mr. Bussey blends expertise in corporate finance, restructuring and workouts, raising capital and interim management and has partnered with clients in industries ranging from healthcare and technology to alternative investments, financial services and logistics. The Company’s Board of Directors has appointed Mr. Bussey to serve until the 2021 Annual Meeting of Stockholders. Mr. Bussey has been appointed to the Finance and Audit Committee.
Carver Bancorp, Inc. is the holding company for Carver Federal Savings Bank (Carver Federal), a federally chartered savings bank. The Company conducts business as a unitary savings and loan holding company, and the business of the Company consists of the operation of its subsidiary, Carver Federal. Carver Federal engages in a range of consumer and commercial banking services. It provides deposit products, including demand, savings and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its local market area within New York City. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pays and telephone banking. The Company also offers a suite of products and services for unbanked and underbanked consumers, branded as Carver Community Cash. It offers loan products covering a range of asset classes, including commercial and multifamily mortgages, and business loans.