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How lenders will spend federal windfall on low-income communities

How lenders will spend federal windfall on low-income communities
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(UONE), (UONEK) - Why Shares Of Urban One And Carver Bancorp Are Trading Higher Today

Carver Bank and New Rochelle-White Plains Alumni Chapter of Kappa Alpha Psi Fraternity, Inc Announce Partnership to Support Economic Empowerment in Communities of Color

Kappa Alpha Psi Fraternity Inc. Logo NEW YORK, May 20, 2021 /PRNewswire/  Carver Federal Savings Bank ( Carver ), a certified Minority Depository Institution ( MDI ), and the New Rochelle-White Plains Alumni Chapter of the Kappa Alpha Psi Fraternity Inc. ( NRWP Kappas ) have entered a partnership to advocate for greater economic empowerment and social justice in communities of color across the Greater New York City and Westchester Metro areas. The partnership aims to promote financial education, workplace inclusion, and community engagement to improve economic opportunities for minority communities that have been hit hard during the COVID-19 pandemic.  Carver and NRWP Kappas will also explore academic scholarship and internship opportunities for local minority youth and look to engage the larger business community in supporting job training, business networking, and more significant philanthropy in communities of color.

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