Carver Bancorp

New York, N.Y. | See all recipients in New York
Revenue to Gov't

This institution qualified to participate in the Community Development Capital Initiative (CDCI) and exchanged its Capital Purchase Program (CPP) investment for an equivalent amount of investment with Treasury under the CDCI program terms. We've listed the original CPP investment as a CDCI investment.

Date Type Amount Program Description
10/26/2011 Dividend $364,261 CDCI
Dividend - Cumulative
11/15/2010 Dividend $82,247 CDCI
Dividend - Cumulative
08/27/2010 Refund $18,980,000 CDCI
On 6/29/2011, Treasury entered into an agreement with Carver Bancorp, Inc. to exchange Treasury’s $18,980,000 of preferred stock for an equivalent amount of common stock. The exchange is subject to the fulfillment by Carver Bancorp, Inc. of certain conditions, including the satisfactory completion of a capital plan.
08/13/2010 Dividend $268,883 CPP
Dividends payment
05/17/2010 Dividend $237,250 CPP
Dividends payment
02/12/2010 Dividend $237,250 CPP
Dividends payment
11/16/2009 Dividend $237,250 CPP
Dividends payment
08/14/2009 Dividend $237,250 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $313,697 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
01/16/2009 Purchase $18,980,000 CDCI
Purchase - Preferred Stock
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