UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

Form 12b-25

Commission File Number:  1-13007

NOTIFICATION OF LATE FILING

(Check One):  S Form 10-K  £ Form 20-F  £ Form 11-K  £ Form 10-Q

£ Form N-SAR

For Period Ended:  March 31, 2010

[  ]  Transition Report on Form 10-K

[  ]  Transition Report on Form 20-F

[  ]  Transition Report on Form 11-K

[  ]  Transition Report on Form 10-Q

[  ]  Transition Report on Form N-SAR

For the Transition Period Ended:  _______________

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:  _________________________________________________________________________________

PART I - REGISTRANT INFORMATION

Full Name of Registrant:  Carver Bancorp, Inc.

Former Name if Applicable:  N/A

Address of Principal Executive Offices (Street and Number):75 West 125th Street

City, State and Zip Code:  New York, NY 10027

PART II - RULES 12B-25(B) AND (C)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed.  (Check box if appropriate)

S           (a)  The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

S           (b)  The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

£           (c)  The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR or the transition report portion thereof, could not be filed within the prescribed time period.

The Company is in the process of preparing and reviewing the audited financial statements and other information for its Form 10-K report for the year ended March 31, 2010, and does not expect the report will be finalized for filing by the prescribed due date.  The Company needs additional time to complete the preparation of its audited financial statements, including determining, in consultation with its independent registered accountants, the valuation of certain assets and timing of the recognition of certain income related to the Company's New Market Tax Credits allocations, and to have the report reviewed by its Board of Directors, independent registered accountants and legal counsel.

PART IV - OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this notification:

Mark A. Ricca                                           (212)                      360-8820                                

(Name) (Area Code) (Telephone Number)

(2)  Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed?  If the answer is no, identify report(s).

S Yes           £ No

(3)  Is it anticipated that any significant change in results of operation from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

S Yes           £ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

The Company cannot provide a reasonable estimate of the results because of the complexity of completing its audited financial statements, including the valuation of certain material assets and the timing of the recognition of certain income related to the Company's New Market Tax Credits allocations.

Carver Bancorp, Inc.

(Name of Registrant as specified in its charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date:  June 29, 2010	By:	/s/ Mark A. Ricca
		Mark A. Ricca
		Executive Vice President, Chief Risk Officer and
		General Counsel