<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the balance
sheet and the statement of earnings of Carver Bancorp, Inc. for the nine month
period ended December 31, 1998 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                      29,626,870
<INT-BEARING-DEPOSITS>                     269,710,911
<FED-FUNDS-SOLD>                            15,800,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 42,369,985
<INVESTMENTS-CARRYING>                      70,966,306
<INVESTMENTS-MARKET>                        70,267,378
<LOANS>                                    251,004,828
<ALLOWANCE>                                  6,037,830
<TOTAL-ASSETS>                             420,491,768
<DEPOSITS>                                 281,623,628
<SHORT-TERM>                               101,055,308
<LIABILITIES-OTHER>                          4,150,288
<LONG-TERM>                                  1,038,152
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        21,144
<OTHER-SE>                                  30,862,135
<TOTAL-LIABILITIES-AND-EQUITY>             420,491,768
<INTEREST-LOAN>                             15,497,439
<INTEREST-INVEST>                            1,125,263
<INTEREST-OTHER>                               557,980
<INTEREST-TOTAL>                            21,517,314
<INTEREST-DEPOSIT>                           6,249,725
<INTEREST-EXPENSE>                          11,043,113
<INTEREST-INCOME-NET>                       10,474,201
<LOAN-LOSSES>                                3,810,569
<SECURITIES-GAINS>                               4,941
<EXPENSE-OTHER>                              7,807,246
<INCOME-PRETAX>                            (6,717,578)
<INCOME-PRE-EXTRAORDINARY>                 (6,717,578)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (5,212,120)
<EPS-PRIMARY>                                   (2.37)
<EPS-DILUTED>                                   (2.37)
<YIELD-ACTUAL>                                    7.19
<LOANS-NON>                                  1,320,000
<LOANS-PAST>                                 8,383,000
<LOANS-TROUBLED>                               576,000
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             3,137,999
<CHARGE-OFFS>                                  917,738
<RECOVERIES>                                     7,000
<ALLOWANCE-CLOSE>                            6,037,830
<ALLOWANCE-DOMESTIC>                         6,037,830
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0