CARVER BANCORP INC — Director's Dealing 2005

May 24, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARVER BANCORP INC (CNY)
CIK: 0001016178
Period of Report: 2005-05-20

Reporting Person: MODDY CAROL BALDWIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-20	Common Stock	A	24	$19.75	Acquired	2453.00	Direct
2005-05-20	Common Stock	A	32	$18.81	Acquired	2485.00	Direct
2005-05-20	Common Stock	A	49	$19.25	Acquired	2534.00	Direct
2005-05-20	Common Stock	A	62	$19.47	Acquired	2596.00	Direct
2005-05-20	Common Stock	A	32	$18.80	Acquired	2628.00	Direct
2005-05-20	Common Stock	A	134	$18.70	Acquired	2762.00	Direct

Footnotes

F1: Payment by Company of director's fees under Compensation Plan for Non-Employee Directors.