Overview / Commentary
2131 Jericho Turnpike
Garden City Park, NY 11040

Hanover Community Bank is headquartered in Garden City Park and is the 68th largest bank in the state of New York. It is also the 1,206th largest bank in the nation. It was established in 2009 and as of June of 2018, it had grown to 57 employees at 3 locations. Hanover Community Bank's money market rates are 5X the national average, and it boasts an A+ health rating.

Related Posts

Hanover Community Bank (NY) Ups VIP Personal Money Market - 8/24/2018

Hanover Community Bank (NYC metro area) has raised the rate on its VIP Personal Money Market to 2.00% APY on balances of $2.5k+. Min opening deposit is $2.5k.

View all posts from:


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #58675
Year Established2009
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.15%
Return on Equity - YTD11.05%
Annual Interest Income$13.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$602.5MM$479.1MM
LoansQ2 2018vs Q2 2017$523.2MM$389.4MM
DepositsQ2 2018vs Q2 2017$427.6MM$364.2MM
Equity CapitalQ2 2018vs Q2 2017$61.7MM$44.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$5.9MM$4.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$0$0
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Hanover Community Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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

2.02%*-$10kPremium Custodian Savings
OTHER TIERS: 1.00% $10k+
1.00%*$25k*-Business Savings
OTHER TIERS: 0.15% $500 - $10k | 0.35% $10k - $25k
1.00%-$600kSavings Plus

Hanover Community Bank Money Market Rates

2.00%$2.5k-VIP Personal Money Market
1.30%$2.5k-VIP Business Money Market

Hanover Community Bank Checking Account Rates

0.90%$1k-Concierge Checking
0.15%$500-NOW Personal Checking
0.15%$300-Senior Checking
0.15%$500-NOW Business Checking

Hanover Community Bank CD Rates

2.80%$500-60 Month CD
2.75%$500-18 Month CD
2.50%$500-15 Month CD
2.45%$500-36 Month CD
2.40%$500-24 Month CD
2.30%$500-12 Month CD
0.80%$500-6 Month CD

Hanover Community Bank Locations
Hanover Community Bank2131 Jericho TurnpikeGarden City Park, NY 11040
Forest Hills Branch71-15 Austin StreetForest Hills, NY 11375
Mineola Branch Office80 Jericho TurnpikeMineola, NY 11501

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.