Carver Bancorp Elects New Chair

Deborah C. Wright, president and chief executive officer of Carver Bancorp Inc., has been elected chairman of the board of Carver, which is the holding company for Carver Federal Savings Bank.Ms. Wright, 47, succeeds Frederick O. Terrell, who has resigned from the board to devote more time to his own firm, Provender Capital Group LLC, Carver said. Ms. Wright has been president and CEO of Carver, and a member of its board, since June 1999. Ms. Wright lauded Mr. Terrell's "immeasurable" contribution to Carver and noted that the company has opened three new branches and three new around-the-clock ATM centers in the past 18 months. The company can be found online at http://www.carverbank.com.