<TABLE> <S> <C>


<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
period at and ending June 30, 1998 is  qualified in its entirety by reference to
such financial statements.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                           MAR-31-1999
<PERIOD-END>                                 APR-1-1998
<CASH>                                       22,130,552
<INT-BEARING-DEPOSITS>                      268,823,103
<FED-FUNDS-SOLD>                              7,700,000
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                  25,702,483
<INVESTMENTS-CARRYING>                       85,723,175
<INVESTMENTS-MARKET>                         84,951,263
<LOANS>                                     265,128,709
<ALLOWANCE>                                   3,435,014
<TOTAL-ASSETS>                              427,371,077
<DEPOSITS>                                  279,746,103
<SHORT-TERM>                                100,466,918
<LIABILITIES-OTHER>                           9,472,565
<LONG-TERM>                                   1,138,325
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                         23,144
<OTHER-SE>                                   35,874,026
<TOTAL-LIABILITIES-AND-EQUITY>              427,371,077
<INTEREST-LOAN>                               5,354,256
<INTEREST-INVEST>                             2,012,590
<INTEREST-OTHER>                                218,037
<INTEREST-TOTAL>                              7,584,883
<INTEREST-DEPOSIT>                            2,141,768
<INTEREST-EXPENSE>                            3,887,173
<INTEREST-INCOME-NET>                        10,363,836
<LOAN-LOSSES>                                   450,015
<SECURITIES-GAINS>                                3,486
<EXPENSE-OTHER>                               3,268,844
<INCOME-PRETAX>                                 553,519
<INCOME-PRE-EXTRAORDINARY>                      553,519
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                    318,054
<EPS-PRIMARY>                                      0.14
<EPS-DILUTED>                                      0.14
<YIELD-ACTUAL>                                     7.31
<LOANS-NON>                                   7,285,769
<LOANS-PAST>                                  1,274,344
<LOANS-TROUBLED>                                807,500
<LOANS-PROBLEM>                                       0
<ALLOWANCE-OPEN>                              3,137,999
<CHARGE-OFFS>                                   153,000
<RECOVERIES>                                          0
<ALLOWANCE-CLOSE>                             3,435,014
<ALLOWANCE-DOMESTIC>                          3,435,014
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                               0
        


</TABLE>