Carver bancorp, inc. definitively rejects dream chasers' offer

New york , jan. 31, 2024 /prnewswire/ -- carver bancorp, inc. (nasdaq: carv) ("carver" or the "company"), the holding company for carver federal savings bank (the "bank"), a certified community development financial institution ("cdfi") and designated minority depository institution ("mdi"), announced today that its board of directors (the "board") reviewed and thoroughly rejected an offer by dream chasers capital group ("dream chasers") to acquire 35% interest in carver's common equity.   the board determined that the adverse publicly disclosed regulatory history of dream chasers' leadership posed unacceptable reputational risks to carver's standing and mission credibility.
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