Carver State Bank
Carver State Bank has been a vital part of the Savannah, GA community since it was founded as the Georgia Savings and Realty Corporation in 1927. The mission of Carver State Bank is to maintain a sound, profitable, growing institution by providing high-quality products and services for the Bank's customers, especially those in it's targeted communities.
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Optus Bank and Carver State Bank are quoted in a Marketplace article discussing banks' hesitation around Commercial Real Estate Loans despite office building sitting empty.
The Federal Deposit Insurance Corporation (FDIC) today announced seven new members of the agency's Advisory Committee on Community Banking:
- Troy Campbell, President & CEO, Altoona First Savings Bank, Altoona, Pennsylvania
- Robert James II, Executive Vice President, Carver State Bank, Savannah, Georgia
- Trey Maust, Executive Chairman, Lewis & Clark Bank, Oregon City, Oregon
- Dominik Mjartan, President & CEO, Optus Bank, Columbia, South Carolina
- Arlen Osterbuhr, Chairman & CEO, Minden Exchange Bank and Trust Company, Minden, Nebraska
- Shane Pilarski, President & CEO, Alliance Bank, Francesville, Indiana
- Kim Reigelsberger, President, Preferred Bank, Rothville, Missouri
Composed of a cross-section of community bankers from around the country, the FDIC's Advisory Committee shares input on a broad range of community bank policy and regulatory matters. On May 3, 2022, the Advisory Committee will meet to discuss local banking conditions. FDIC senior staff will also provide updates on supervision and policy matters and the FDIC's Small Business Lending Survey.
Savannah's Carver State Bank celebrated a huge milestone this weekend - its 95th anniversary! To mark the special occasion, they showed a documentary called Financial Freedom for All: Robert James and Carver State Bank. The film honors and recognizes the bank's President and CEO, Robert James, who began his career at the bank in 1971. 50 years later, he is the longest tenured Black bank president in the country. "We are proud of the fact that we have survived through all of the difficulties that financial institutions have had over the years. All the changes and the technologies and markets but Carver has managed to survive. And I think that we survived because we've had consistency of leadership and consistency of purpose," James said.