Society For Financial Education & Professional Development And Carver Bank Partner To Reduce Financial Literacy Gap For Students At Historically Black Colleges And Universities
Program Teaches Critical Personal Financial Skills at Howard University, Medgar Evers College, and the University of the District of Columbia
Carver is the first Minority Depository Institution to support the SFE&PD Student Ambassador Program at HBCUs
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NEW YORK, Feb. 8, 2021 /PRNewswire/ To address a financial literacy knowledge gap in communities of color, The Society for Financial Education and Professional Development, Inc. ( SFE&PD ) and Carver Federal Savings Bank ( Carver ) today announced a partnership to teach personal financial skills to students at three historically Black colleges and universities ( HBCUs ).
(PRNewsfoto/Carver Federal Savings Bank)
NEW YORK, Feb. 5, 2021 /PRNewswire/ Carver Federal Savings Bank ( Carver or the Bank ), a certified Minority Depository Institution ( MDI ), and John Hope Bryant, an American entrepreneur and philanthropist, announced today that Operation HOPE, Inc. and The Promise Homes Company are collectively making a sizeable long-term deposit in Carver to support economic empowerment in communities of color.
Carver is a historic, Black-managed bank founded by a group of civically minded community leaders in 1948 and has consistently had its headquarters located in Harlem. The Bank continues to pay its mission forward, focusing on Minority and Women Business Entrepreneurs ( MWBEs ). It proudly reinvests approximately $0.80 of each deposit dollar it takes in back into the diverse communities it operates in through competitively priced loans.