New York's Carver Federal Savings Bank formally rejected erstwhile investment banker Joseph Curry's bid for a controlling stake in the minority-owned thrift.

Mr. Curry, meanwhile, has disappeared from view and hasn't contacted Carver officials since he delivered his surprise offer just a day before Carver's annual meeting three weeks ago.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.