8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): FEBRUARY 18, 2011

CARVER BANCORP, INC.
(Exact name of registrant as specified in its charter)

DELAWARE	1-13007	13-3904174
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

75 West 125th Street New York, NY	10027-4512
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (212) 360-8820

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of directors or certain officers; election of directors; appointment of certain officers; compensatory arrangements of certain officers.

Carver Bancorp, Inc. announced on February 23, 2011, that Colbert G. Narcisse has resigned as a member of its Board of Directors, effective February 18, 2011.  A copy of the press release announcing Mr. Narcisse’s resignation is attached as Exhibit 99.1.

Mr. Narcisse served as a Director of Carver since July 2010.
 
Item 9.01        Financial Statements and Exhibits

(d) Exhibits

The following exhibit is filed as part of this report:

99.1   Press release entitled “CARVER BANCORP, INC. DIRECTOR DEPARTS TO ASSUME EXECUTIVE POSITION AT FINANCIAL INSTITUTION” dated February 23, 2011

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned duly authorized.

DATE:  February 23, 2011

BY:	/s/ Mark A. Ricca
	Mark A. Ricca
	Executive Vice President, Chief Risk
	Officer and General Counsel

EX-99.1

Exhibit 99.1

Contact:	Ruth Pachman/Michael Herley	Mark A. Ricca
	Kekst and Company	Carver Federal Savings Bank
	212-521-4800	212-360-8820

Carver Bancorp, Inc. Director Departs to Assume Executive Position at Financial Institution

NEW YORK, NEW YORK, February 23, 2011 – Carver Bancorp, Inc. (“Carver” or the “Company”) (NASDAQ:CARV), the holding company for Carver Federal Savings Bank, announced today that Colbert Narcisse has resigned from of its Board of Directors as of February 18, 2011. Mr. Narcisse has accepted an executive position at another financial institution and is unable serve on the Board of Carver while also serving in a management capacity at his new employer.

Mr. Narcisse has been a Director since July 2010 and served as a member of the Finance and Audit Committee and the Asset, Liability and Interest Rate Risk Committee.
 
“Carver is truly a special financial institution, providing much needed services to inner-city neighborhoods,” said Mr. Narcisse. “I am very disappointed that I will not be able to continue my service as a director, but heartened by the fact that Carver is in the hands of a committed Board and management team. I look forward to reading about the institution’s future success, especially as it pursues innovative ways to reach the ’unbanked’ in the communities it serves.”
 
“Colbert has been a valuable contributor to Carver during this very challenging period for our Company,” commented Deborah C. Wright, Chairman and CEO. “While we will miss him, the Board and management team wish him the very best as he continues his exemplary career.”

Carver Bancorp, Inc. is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank. Carver Federal Savings Bank, the largest African- and Caribbean-American run bank in the United States operates nine full-service branches in the New York City boroughs of Brooklyn, Queens and Manhattan. For further information, please visit the Company’s website at www.carverbank.com.

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