Carver Federal of N.Y. Names Jones Chairman

Bank, the nation's largest black-owned thrift. Mr. Jones, 47, had been a director of Carver for six years, serving on the audit committee. "I can identify with Carver because I also served as chairman of the search committee for a new president and chief executive," Mr. Jones said. "And Thomas L. Clark Jr. is Carver's new president and CEO and I look forward to working with him." Mr. Jones sees his first task as beefing up Carver's board. "Our board of directors has decreased to five members," he said. "I will be working with Mr. Clark to bring in new members from the community, businesses, and other professionals for membership on the board. We can use their advice and expertise in helping us with future plans for Carver." Mr. Jones succeeds Richard T. Greene, who also was Carver's president and chief executive. "The focus is on moving ahead and expanding the bank and creating new products," Mr. Jones said. Mr. Jones is president and chief executive of the Community Service Society of New York, one of the nation's oldest and largest social welfare agencies. A graduate of Wesleyan University and the Yale Law School, Mr. Jones formerly led the Youth Services Agency of the City of New York. In addition to Carver Federal Savings, Mr. Jones also serves on the boards of the Upper Manhattan Empowerment Zones Development Corp., the New York Health and Hospitals Corp., the New York City Partnership, and Jobs for the Future, a national think-tank researching American competitiveness in education, job training, and regional development. Carver, with $361 million of assets, operates eight branches in the New York City boroughs of Brooklyn, Queens, and Manhattan, and in Nassau County.