NEW YORK, Feb. 10, 2011 (GLOBE NEWSWIRE) -- Carver Bancorp, Inc. (the "Company") (Nasdaq:CARV), the holding company for Carver Federal Savings Bank ("Carver" or the "Bank"), today announced that the Company and the Bank have consented to the Office of Thrift Supervision ("OTS") issuing formal cease and desist orders (the "Orders") under which the Company and the Bank will implement enhanced capital and asset quality measures to strengthen the Bank's balance sheet and loan portfolio.
Carver Bancorp, Inc. Agrees To Implement Enhanced Capital And Asset Quality Measures Under OTS Orders
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