Carver pays interest deferred on Statutory Trust I capital securities

By Marisa Wong

Morgantown, W.Va., Sept. 1 – Carver Bancorp, Inc. made all of the outstanding interest payments due on its Carver Statutory Trust I capital securities, according to an 8-K filing with the Securities and Exchange Commission.

In addition to the outstanding debenture interest payments that were deferred to date, the company also paid the coupon for the current quarter. The payments were made on Thursday.

The company had received a letter of non-objection from the Federal Reserve Bank of Philadelphia on Aug. 23 regarding payment of the deferred interest, the filing noted.

Carver Bancorp is a New York-based publicly traded African- and Caribbean-American run bank.

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