At a glance
From its website, read 2 Nov 2026Carver Federal Savings Bank is a bank or thrift based in New York, New York. Its website describes commercial real estate loans, microloans and small-business loans. The business loan rate it states is 5%. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (212) 360-8818 source |
|---|---|
| microloans@carverbank.com source | |
| Apply online | Page with the application link |
| Website | carverbank.com |
| Office (official list) | 1825 Park Avenue, New York, NY 10035 |
What their website says about applying
Applications can be submitted online at: carverbank.loanwell.com
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Microloans | Rate: up to 5% | Max interest rate of 5% | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Minimum credit score: 600
Minimum FICO score of 600
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 31 Mar 2014 |
| RSSD ID | 268677 |
| Address | 1825 Park Avenue, New York, NY 10035 Directions (Google Maps) |
| Website | carverbank.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Only the business lending page covered loan terms; no mortgage, auto or personal loan pages were fetched. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Commercial real estate loans | — | We proudly offer competitive loan options for: | source |
| Microloans | $10,000 – $100,000 | Loans from $10,000 to $100,000 | source |
| Small-business loans | — | With Carver Bank's business and commercial loans, you have the power to expand on your own terms. | source |
Loan sizes
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Applications can be submitted online at: carverbank.loanwell.com
source
Pages read (7)
- https://www.carverbank.com/
- https://www.carverbank.com/credit-cards/personal-credit-cards
- https://www.carverbank.com/credit-cards/business-credit-cards
- https://www.carverbank.com/lending/business-and-commercial-lending
- https://www.carverbank.com/lending/commercial-real-estate-solutions
- https://www.carverbank.com/personal/services
- https://www.carverbank.com/personal/checking-accounts
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$9 million in 12 awards from the U.S. Treasury's CDFI Fund, 2001–2022 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | Bank Enterprise Award Program | $202,898 |
| 2018 | Bank Enterprise Award Program | $174,598 |
| 2016 | Bank Enterprise Award Program | $227,282 |
| 2013 | Bank Enterprise Award Program | $323,000 |
| 2012 | Bank Enterprise Award Program | $415,000 |
| 2011 | Bank Enterprise Award Program | $36,921 |
| 2010 | Bank Enterprise Award Program | $375,950 |
| 2005 | CDFI Program, Financial Assistance | $641,250 |
| 2004 | Bank Enterprise Award Program | $1,500,000 |
| 2001 | Bank Enterprise Award Program | $825,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as Carver Federal Savings Bank (FDIC cert 30394). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $658.1 million (as of 30 Jun 2026) |
|---|---|
| Offices | 6 (as of 30 Oct 2026) |
Offices by state and county (6)
New York (6 offices)
- Kings County (4): 1009 Nostrand Ave, Brooklyn 11225; 1392 Fulton St, Brooklyn 11216; 4 Hanson Pl, Brooklyn 11217; 833 Flatbush Ave, Brooklyn 11226
- New York County (1): 75 W 125th St, New York 10027 (main office)
- Queens County (1): 11502 Merrick Blvd, Jamaica 11434
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by Carver Federal Savings Bank (RSSD 268677, FDIC cert 30394). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $551.3 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Down 8.9% from $605.3 million on 30 Jun 2025 |
| Total assets | $651.5 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $91.9 million | 16.7% |
| Commercial real estate, construction and multifamily | $394.3 million | 71.5% |
| Commercial and industrial (business) loans | $40 million | 7.2% |
| Consumer loans (credit cards, auto, other) | $25.1 million | 4.6% |
| All other loans and leases | $38,000 | <0.1% |
None reported on the 30 Jun 2026 report: home equity lines of credit; farmland and farm production loans.
Within consumer loans: auto loans $936,000.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 96 loans $865,000 | 69 loans $2.7 million |
| $100,001 to $250,000 | 24 loans $2.6 million | 18 loans $1.7 million |
| $250,001 to $1 million | 62 loans $34.5 million | 36 loans $12.4 million |
| All small business loans | 182 loans $37.9 million | 123 loans $16.8 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $651.5 million | Larger than 71% of the 321 other certified banks and bank holding companies nationwide (median $381.4 million). |
| Loans as a share of assets | 85% | Median of the same 321 banks and bank holding companies: 68%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $605.3 million → $551.3 million (-9%) | Median change of 321 other certified banks and bank holding companies nationwide: +7%. Rank by loans held among these 322: 51 → 64. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified banks and bank holding companies nationwide | 321 | larger than 71% |
| Loans held then vs now | certified banks and bank holding companies nationwide reporting both dates | 321 | rank 51 → 64 of 322 |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 2 SBA-backed approvals for Carver Federal Savings Bank in fiscal years 2020–2026 (October 2019 to September 2026):
- 2 7(a) loans as the lender
By fiscal year: FY2020 0 · FY2021 2 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 0 · FY2026 0.
By program
- 7(a) standard (2, 100%)
How this lender was matched in the SBA files: FDIC cert 30394, found through the RSSD ID on the CDFI Fund list (SBA lists “Carver Federal Savings Bank”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Carver Federal Savings Bank may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
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Work at Carver Federal Savings Bank? Link to this page
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