CARVER BANCORP INC — Director's Dealing 2006

Nov 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARVER BANCORP INC (CNY)
CIK: 0001016178
Period of Report: 2006-11-20

Reporting Person: Tarter Robert (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-20	Common Stock	A	1000	$16.50	Acquired	1000.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-20	Stock Option (right to buy)	$16.50	A	1000	Acquired	2016-04-11	Common Stock (1000.00)	Direct

Footnotes

F1: Vest over 5 years in equal installments from the execution date

F2: Vests in five equal annual installments, beginning one year from date of grant.