Featured Savings Rates
Featured Accounts
  2. Hanover Community Bank

Hanover Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.30%1-year CD13 Month CD
1.40% - Synchrony Bank 12 Month CDAdvertisement
1.15%SavingsStatement Savings
1.20% - Goldman Sachs Bank USA Online SavingsAdvertisement
1.60%2-year CD21 Month CD
1.65% - Synchrony Bank 24 Month CDAdvertisement
View all Hanover Community Bank rates »

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

Hanover Community Bank is headquartered in Garden City Park and is the 87th largest bank in the state of New York. It is also the 1,687th largest bank in the nation. It was established in 2009 and as of March of 2017, it had grown to 48 employees at 2 locations. 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.

View all posts from:


Reviews

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



Health
A+

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58675
Year Established2009
Employees48
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.21%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$412.7MM$292.0MM
LoansQ1 2017vs Q1 2016$354.4MM$261.7MM
DepositsQ1 2017vs Q1 2016$314.6MM$240.6MM
Equity CapitalQ1 2017vs Q1 2016$42.0MM$30.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$3.9MM$2.7MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$0$0
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
Skip to rates for:
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

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%--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%--NOW Personal
0.15%--Senior Checking
0.15%--NOW Business

Hanover Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%--60 Month CD
1.80%--29 Month CD
1.70%--48 Month CD
1.60%--36 Month CD
1.60%--21 Month CD
1.50%--24 Month CD
1.45%--30 Month CD
1.35%--18 Month CD
1.30%--13 Month CD
1.25%--12 Month CD
1.20%--15 Month CD
0.80%--6 Month CD
0.15%--3 Month CD
Locations


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