Jim Montes ’00 has been appointed president of Carver Community Development Corporation per an announcement made by Carver Bancorp, Inc., the holding company for Carver Federal Savings Bank.
In his capacity as President of CCDC, Mr. Montes is responsible for fulfilling the Bank’s mission to bring economic and community development to the diverse markets it serves. Since 2006, CCDC has allocated approximately $150 million in New Markets Tax Credits through its participation in more than a dozen projects in low-income communities in the Greater New York City region.
“Jim is a highly skilled legal and business professional who comes to Carver with a strong background in the financial services industry,” said Michael T. Pugh, President and CEO of Carver Bancorp. “His experience as an attorney and banking professional makes him highly qualified to support Carver’s commitment to community development while maintaining strong regulatory and corporate governance controls. We welcome him to our organization and look forward to his future contributions.”