Item 5.02 Departure of Directors of Certain Officers; Election of Directors;


          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers


On September 8, 2022, the Board of Directors of Carver Federal Savings Bank (the "Bank"), the wholly-owned subsidiary of Carver Bancorp, Inc. (the "Company"), following receipt of supervisory non-objection by the Office of the Comptroller of the Currency, appointed Robin L. Nunn to the Board of Directors of the Bank. Ms. Nunn's appointment or election to the Board of Directors of the Company remains subject to the receipt of supervisory non-objection by the Board of Governors of the Federal Reserve.

Robin L. Nunn is Partner and Co-Head of the Banking Group at Morgan, Lewis & Bockius LLP since 2020. Prior to that, Ms. Nunn was Partner and Chair of the Consumer Financial Services Group at Dechert LLP. From 2017 to 2019, Ms. Nunn was Partner and Co-Chair of the Supervision, Enforcement and Litigation Group at Davis Wright Tremaine. Ms. Nunn has also held senior legal positions with Capital One Financial Corporation and American Express. She began her legal career as a Law Clerk for the Hon. Barrington Parker of the U.S. Court of Appeals for the Second Circuit, and then was a Senior Associate with Sullivan & Cromwell LLP. Ms. Nunn received her BA from Dartmouth College and her JD from the University of Chicago Law School. She is a graduate of the Executive Development Leadership Program of the Harvard Business School.

The Bank's Board of Directors has appointed Ms. Nunn to serve for a three-year term.

Ms. Nunn is not a party to any transaction with the Company or the Bank that would require disclosure under Item 404(a) of Regulation S-K.

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