Carver Bancorp strikes second debt-for-equity deal with EJF Capital

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Go back to Carver Bancorp strikes second debt-for-equity deal with EJF Capital

Carver Bancorp, Inc. Announces Agreement with EJF Capital to Cancel Interest in Exchange for Shares of Common Stock

August 3, 2026 8:00 AM EDT

Exchange Agreement Follows Prior $1 Million-Plus Interest Cancellation and Demonstrates Institutional Investor's Belief in Carver's Value-Creation Potential

NEW YORK, Aug. 3, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank"), today announced that it has entered into a second agreement with EJF Capital LP ("EJF"), whose affiliates hold the Company's Trust Preferred Securities... More