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January 26, 2024
Christina Maier
First Senior Vice President and Chief Financial Officer
Carver Bancorp, Inc.
75 West 125th Street
New York, NY 10027
Re:Carver Bancorp, Inc.
Form 10-K for Fiscal Year Ended March 31, 2023
File No. 001-13007
Dear Christina Maier:
            We have limited our review of your filing to the financial statements and related
disclosures and have the following comments.
            Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
            After reviewing your response to this letter, we may have additional comments.
Form 10-K for Fiscal Year Ended March 31, 2023
Lending Activities, page 6
1.We note the tabular disclosure on page 7 detailing the composition of your loan portfolio.
Given the significance of your multifamily real estate loans and commercial real estate
loans in your total loan portfolio, please revise future filings to further disaggregate the
composition of these loan portfolios, by separately presenting owner and non-owner
occupied, by borrower type for commercial real estate loans (e.g., by office, hotel, etc.)
and other characteristics (e.g., current weighted average and/or range of loan-to-value
ratios, occupancy rates, etc.) material to an investor’s understanding of these loan
portfolios. In addition, revise to describe the specific details of any risk management
policies, procedures or other actions undertaken by management in response to the current
environment.
Deposits, page 18
2.We note your disclosure on page 46 that deposits decreased by 4.4% from March 31, 2022
to March 31, 2023 primarily related to a withdrawal by one customer. Please tell us and

 FirstName LastNameChristina Maier
 Comapany NameCarver Bancorp, Inc.
 January 26, 2024 Page 2
 FirstName LastName
Christina Maier
Carver Bancorp, Inc.
January 26, 2024
Page 2
revise future filings to disclose and quantify any significant concentrations (e.g. by
geography or type of depositor) in your deposits to allow investors to better understand
the risks, and consider providing a description of how management is managing the risk.
Please refer to ASC 275-10-50-16.
            In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
            Please contact Shannon Davis at 202-551-6687 or William Schroeder at 202-551-3294
with any questions.
Sincerely,
Division of Corporation Finance
Office of Finance
cc:       Marc Levy, Esq.