Featured Savings Rates
Featured Accounts

Hanover Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.35%1-year CD13 Month CD
1.15%SavingsStatement Savings
1.75%2-year CD21 Month CD

Overview / Commentary
516-248-4868
2131 Jericho Turnpike
Garden City Park, NY 11040

Hanover Community Bank is headquartered in Garden City Park and is the 89th largest bank in the state of New York. It is also the 1,803rd largest bank in the nation. It was established in 2009 and as of December of 2016, it had grown to 45 employees at 1 location. Hanover Community Bank's savings rates are 2X the national average, and it boasts an A+ health rating.

Related Posts

Hanover Community Bank (NY) Celebrates With New CDs - 3/25/2017

Hanover Community Bank (NYC metro area) has added a 13-month CD (1.35% APY), 21-month CD (1.55% APY), and 29-month CD (1.65% APY). Minimum deposit is $500.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #58675
Year Established2009
Employees45
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.65%
Return on Equity - YTD6.14%
Annual Interest Income$14.2MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$380.9MM$258.7MM
LoansQ4 2016vs Q4 2015$317.1MM$230.9MM
DepositsQ4 2016vs Q4 2015$287.7MM$202.8MM
Equity CapitalQ4 2016vs Q4 2015$39.7MM$30.5MM
Loan Loss AllowanceQ4 2016vs Q4 2015$3.6MM$2.4MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$0$0
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Hanover Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*-$10kPremium Custodian Savings
OTHER TIERS: 1.00% $10k+
1.25%-$250kRelationship Savings
1.15%-$600kStatement Savings
1.00%--Custodian Savings
1.00%*$25k*-Business Savings
OTHER TIERS: 0.15% $500 - $10k | 0.35% $10k - $25k
1.00%-$600kSavings Plus
0.75%$500-Basic Savings

Hanover Community Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$50k*-Personal Money Market
OTHER TIERS: 0.50% $1,500 - $10k | 0.55% $10k - $25k | 0.80% $25k - $50k
0.40%*$100k*-Business Money Market
OTHER TIERS: 0.15% $5k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k

Hanover Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$500-NOW Personal
0.15%$500-Senior Checking
0.15%$500-NOW Business

Hanover Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$500-60 Month CD
1.90%$500-29 Month CD
1.75%$500-21 Month CD
1.70%$500-48 Month CD
1.60%$500-36 Month CD
1.45%$500-30 Month CD
1.40%$500-24 Month CD
1.35%$500-18 Month CD
1.35%$500-13 Month CD
1.20%$500-12 Month CD
1.20%$500-15 Month CD
0.80%$500-6 Month CD
0.15%$500-3 Month CD
Locations


Hanover Community Bank Locations
Hanover Community Bank2131 Jericho TurnpikeGarden City Park, NY 11040