Carver Bancorp, Inc. Strengthens Leadership Team with Appointment of Jason Sisack, Former OCC Executive, as Senior Enterprise Risk Management Advisor to the CEO
MWN-AI** Summary
Carver Bancorp, Inc. has announced a significant addition to its leadership team with the appointment of Jason Sisack as the Senior Enterprise Risk Management Advisor to the CEO, Donald Felix. Sisack, a former official at the Office of the Comptroller of the Currency (OCC), brings over 25 years of regulatory expertise, which Carver will leverage as it accelerates its transformation and growth strategy.
In his new role, Sisack will focus on enhancing the bank's risk management strategies, asset quality, and sustainable profitability. His extensive background in bank supervision and regulation is expected to play a vital role in navigating the evolving challenges community banks face today. Donald Felix emphasized the importance of Sisack's regulatory background and experience in governance, stating that his expertise aligns perfectly with Carver's mission to improve operational capabilities while fostering growth.
Sisack previously served as Assistant Deputy Comptroller overseeing the Atlanta and New York City Field Offices, where he led examiner teams and contributed to shaping national banking policy. His career with the OCC included significant roles that deepen his understanding of financial and non-financial risk management, particularly for community banks like Carver.
Excited about the opportunity, Sisack expressed his commitment to enhancing Carver's operations and supporting its mission of promoting financial inclusion for New Yorkers. His academic credentials include a B.A. in Economics from Rutgers University and a Fintech certification from Harvard Business School.
Carver Bancorp, Inc. is dedicated to serving economically disadvantaged communities, designated as a Community Development Financial Institution (CDFI) and a Minority Depository Institution (MDI). With this strategic appointment, Carver aims to strengthen its leadership and continue empowering local neighborhoods with accessible financial services.
MWN-AI** Analysis
The recent appointment of Jason Sisack as Senior Enterprise Risk Management Advisor to Carver Bancorp, Inc. is a significant strategic move that could fortify the bank's operational capabilities and risk management practices. With over 25 years of experience at the Office of the Comptroller of the Currency (OCC), Sisack's expertise will be instrumental in navigating the complex landscape of regulatory compliance and risk assessment—a critical factor for the success of any community bank today.
Carver Bancorp, recognized as a Community Development Financial Institution (CDFI) and Minority Depository Institution (MDI), has a unique positioning in the market, catering primarily to underserved communities. Sisack’s history of shaping national banking policies and engagement with bank CEOs suggests that he is well-equipped to support Carver’s mission of financial empowerment for New Yorkers. As the bank accelerates its transformation, stakeholders can expect a renewed focus on enhancing asset quality, balance sheet strategies, and sustainable profitability.
From an investment perspective, Carver's strategic alignment with Sisack's expertise could signal a strengthening of governance and operational structure, potentially enhancing investor confidence. As the bank optimizes its risk management framework, it may also improve its financial resilience amidst the current economic challenges facing community banks.
In the short term, investors should monitor how this leadership change manifests in Carver's operational metrics and risk management initiatives. Crafting a robust risk framework can not only mitigate potential regulatory fines but also foster an environment of sustainable growth. Given the heightened focus on community banking and financial inclusion, Carver Bancorp may present a compelling opportunity for investors looking to support institutions that drive social impact while achieving solid financial returns.
In summary, the leadership changes at Carver represent a crucial step toward operational excellence and strategic growth, making it an entity to watch as it seeks to elevate both its community impact and market performance.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
- Veteran banking regulator brings 25+ years of OCC experience to support Carver's strategic transformation.
- The appointment reinforces Carver's commitment to operational excellence and risk management as the Bank accelerates its transformation and growth strategy.
NEW YORK, Nov. 4, 2025 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank, a certified Community Development Financial Institution (CDFI) and designated Minority Depository Institution (MDI), today announced the appointment of Jason Sisack as Senior Enterprise Risk Management Advisor, reporting directly to President and CEO Donald Felix. Mr. Sisack brings more than 25 years of regulatory expertise from the Office of the Comptroller of the Currency (OCC), where he most recently served as Assistant Deputy Comptroller for the Atlanta and NYC Field Offices.
In his new role, Mr. Sisack will apply his experience in supervision, regulation, and industry engagement to help advance Carver's strategic initiatives focused on enhanced risk management, asset quality, balance sheet strategies, and sustainable profitability. His appointment comes as Carver accelerates its transformation, bringing fresh momentum to its mission of financially empowering everyday New Yorkers.
"Jason's appointment strengthens our leadership team at a critical juncture," said Donald Felix, President and CEO of Carver Bancorp, Inc. "His regulatory background and track record of working with bank CEOs and boards nationally will be essential as we build our operational capabilities and accelerate growth. Jason brings deep technical expertise in governance, financial and non-financial risk management, and community banking strategies—exactly what we need as we navigate the challenges facing many community banks today."
Before joining Carver, Mr. Sisack served as Assistant Deputy Comptroller for both the Atlanta and NYC Field Offices at the OCC from 2015 to 2025, where he led large examiner teams and shaped national policy across critical areas of bank supervision. His career at the OCC also included roles as Assistant Lead Expert for Midsize and Regional Bank Capital Markets and Risk Specialist in Market Policy in Washington, DC, following his start with the OCC NYC Field Office in 1999.
"I'm excited to join Carver at this transformative moment," said Jason Sisack, Senior Enterprise Risk Management Advisor. "After 25 years evaluating and assessing banks for the OCC, the opportunity to work alongside Don Felix to strengthen and modernize an urban community bank serving New York City was truly compelling. This felt like the right time to embrace a new challenge—to directly shape and enhance a bank's operations from within. Throughout my tenure at the OCC, I've witnessed firsthand how community banks drive economic growth and expand financial access. I look forward to partnering with the Carver team to strengthen our risk framework while maintaining our unwavering focus on serving New Yorkers who are working hard to get ahead."
Mr. Sisack holds a B.A. in Economics from Rutgers University and a Premium Fintech certification from Harvard Business School.
About Carver Bancorp, Inc.
Carver Bancorp, Inc. (NASDAQ: CARV) is the holding company for Carver Federal Savings Bank, a Harlem-based community bank committed to meeting the financial needs of everyday New Yorkers who are working hard to get ahead and supporting the vitality of the neighborhoods it serves by delivering accessible financial services to individuals and small- to mid-sized businesses. Through its online banking platform and physical branches, Carver serves customers across nine states, from Massachusetts to Virginia, including Washington, D.C.
Founded in 1948 to address barriers to financial access, Carver has a long-standing legacy of serving historically under-resourced communities. The U.S. Department of the Treasury has designated Carver as both a Community Development Financial Institution (CDFI) and a Minority Depository Institution (MDI) in recognition of its leadership in advancing financial inclusion and local economic empowerment.
For further information, please visit the Company's website at www.carverbank.com. Be sure to connect with Carver on Facebook, LinkedIn, and Instagram.
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors, risks, and uncertainties. More information about these factors, risks, and uncertainties is contained in our filings with the Securities and Exchange Commission.
Media:
Michael Herley for Carver
203.308.1409
mediainquiries@carverbank.com
Investors:
ir@carverbank.com
SOURCE Carver Bancorp, Inc.
FAQ**
How does Carver Bancorp Inc. CARV plan to leverage Jason Sisack's experience from the OCC to enhance its risk management and governance strategies in the face of current challenges facing community banks?
What specific initiatives is Carver Bancorp Inc. CARV undertaking to accelerate its transformation and growth strategy, particularly following the appointment of Jason Sisack as Senior Enterprise Risk Management Advisor?
In what ways will Jason Sisack's background in community banking and risk management directly influence Carver Bancorp Inc. CARV's financial empowerment mission for everyday New Yorkers?
How does Carver Bancorp Inc. CARV plan to measure the impact of Jason Sisack's contributions to its operational capabilities and sustainable profitability as it aims for enhanced risk management under his guidance?
**MWN-AI FAQ is based on asking OpenAI questions about Carver Bancorp Inc. (NASDAQ: CARV).
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