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Anonymously Rate Your Experience & Make Work BetterCarver Federal Savings Bank employees are -34% more likely to recommend Carver Federal Savings Bank as a great place to work
| 33% | Promoters |
|---|---|
| 0% | Passives |
| 67% | Detractors |
Working at Carver Federal Savings Bank is rated below average by 4 employees, across various culture dimensions. Carver Federal Savings Bank employees rate Outlook highest among all categories, and think that CEO Rating and Perks And Benefits have the most room for improvement, putting Carver Federal Savings Bank’s culture in the Bottom 40% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in New York. See below in detail how working at Carver Federal Savings Bank was rated by employees.
Overall Company Culture at Carver Federal Savings Bank is rated C
Last updated a month ago
Carver Federal Savings Bank ranks in the Bottom 40% of other companies on Comparably with 51-200 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterOut of 11 Carver Federal Savings Bank employee reviews, 100% were positive.
| Positive Reviews | 100% |
|---|---|
| Constructive Feedback | 0% |
What do you like best about the leadership team?leadership team dress and look nice. They have been so far disconnected from everyday life due to there flexible work life balance, cushy salaries, and early dismissals that 40 hrs a week is far fetched for them.
What do you like best about the leadership team?they listen to the opinions of their employees
What is the best part about your compensation package?the health insurance and paid time off
Carver Bancorp, Inc. is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank
Carver's mission of promoting community development, financial education, workforce development and small business development.
| Headquarter | 75 West 125th Street New York City, NY 10027 United States of America |
|---|---|
| Website | www.carverbank.com/ |
| Founding Date | 1948 |
4 employees at Carver Federal Savings Bank have reviewed Carver Federal Savings Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was a month ago.
Overall, the 4 Carver Federal Savings Bank employees give their leadership a grade of C, or Bottom 45% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Carver Federal Savings Bank are not very pleased with their total compensation at Carver Federal Savings Bank, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Carver Federal Savings Bank are generally satisfied with their team. 4 Participants grade the quality of their coworkers a C-. The majority believe the meetings at Carver Federal Savings Bank are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Carver Federal Savings Bank believe the environment at Carver Federal Savings Bank is positive. Most Participants believe the pace of work at Carver Federal Savings Bank is comfortably fast. About 100% of the employees at Carver Federal Savings Bank work 8 hours or less.
Overall, the employees at Carver Federal Savings Bank are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

The prevailing opinion from Comparably users in New York about their company is that it was very prepared on their first day. New York employees concluded that their overall onboarding experience was positive. 74% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Employees’ understanding of Carver Federal Savings Bank's KPIs and OKRs is essential for its success. Out of 1 Carver Federal Savings Bank employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Michael’s approval rate is lower compared to CEOs at similar sized companies, putting Michael in the Bottom 10% of all CEOs of similar-sized companies on Comparably, and in the Bottom 10% compared to CEOs of all other companies in New York. Michael Pugh’s employees rank Carver Federal Savings Bank in the Top 40% for Outlook, in the Top 50% for Environment, and in the Top 50% for Meetings.
The Carver Federal Savings Bank Executive Team is rated a “C-” and led by CEO Michael Pugh, Chief Operations and Technology Officer John Spencer, and Director of Operations 1st Vice President Patricia Stewart
Michael Pugh CEO / President
Michael Pugh serves as the CEO / President of Carver Federal Savings Bank.
John Spencer Chief Operations and Technology Officer
John Spencer serves as the Chief Operations and Technology Officer of Carver Federal Savings Bank.
Patricia Stewart Director of Operations 1st Vice President
Patricia Stewart serves as the Director of Operations 1st Vice President of Carver Federal Savings Bank.
Christina Maier First Senior Vice President & Chief Financial Officer
Christina Maier serves as the First Senior Vice President & Chief Financial Officer of Carver Federal Savings Bank.
Rhonda Fraction Vice President/Marketing and Product
Rhonda Fraction serves as the Vice President/Marketing and Product of Carver Federal Savings Bank.
Patrick Brennan VP Information Technology
Patrick Brennan serves as the VP Information Technology of Carver Federal Savings Bank.
Jim Montes Vice President & Senior Counsel
Jim Montes serves as the Vice President & Senior Counsel of Carver Federal Savings Bank. Jim started at Carver Federal... read more
Yvette Encarnacion Senior Vice President Human Resources
Yvette Encarnacion serves as the Senior Vice President Human Resources of Carver Federal Savings Bank.
Yvette Torre AVP-Loan Operations
Yvette Torre serves as the AVP-Loan Operations of Carver Federal Savings Bank.
How much do people at Carver Federal Savings Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Carver Federal Savings Bank is $84,995, or $40 per hour, while the estimated median salary is $125,239, or $60 per hour.
At Carver Federal Savings Bank, the highest paid job is a Sales Manager at $125,239 annually and the lowest is a Receptionist at $36,115 annually. Average Carver Federal Savings Bank salaries by department include: Business Development at $111,395, Admin at $42,424, Customer Support at $67,125, and Finance at $66,839. Half of Carver Federal Savings Bank salaries are above $125,239.
3 employees at Carver Federal Savings Bank rank their Compensation in the Bottom 35% of similar sized companies in the US (based on 11 ratings) while 3 employees at Carver Federal Savings Bank rank their Perks And Benefits in the Bottom 20% of similar sized companies in the US (based on 4 ratings).
Last updated a month ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $54k | $54k | 1st Percentile |
20th Percentile $84k | $84k | 20th Percentile |
40th Percentile $111k | $111k | 40th Percentile |
60th Percentile $178k | $178k | 60th Percentile |
80th Percentile $209k | $209k | 80th Percentile |
100th Percentile $334k | $334k | 100th Percentile |
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
The Diversity score provides insights into how diverse employees feel and rate their work experience at Carver Federal Savings Bank across various culture dimensions.
Carver Federal Savings Bank's PTO and Vacation policy typically gives 10-15 days off a year. Paid Time Off is Carver Federal Savings Bank's most important benefit besides Healthcare when ranked by employees, with 100% of employees saying it is the most important benefit.

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What is Carver Federal Savings Bank address?
Carver Federal Savings Bank location is at 75 West 125th Street
Who is the CEO of Carver Federal Savings Bank?
Carver Federal Savings Bank CEO is Michael Pugh, their score by employees is 53
What is Carver Federal Savings Bank eNPS?
The eNPS for Carver Federal Savings Bank is -34
What is the salary for Marketing Manager in Carver Federal Savings Bank?
Marketing Manager average salary in the US is 82k
What are the salaries in the HR in Carver Federal Savings Bank?
The average salaries for HR in Carver Federal Savings Bank is 101k