Hanover Bank


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

Hanover Bank is headquartered in GARDEN CITY PARK and is the 35th largest bank in the state of New York. It is also the 528th largest bank in the nation. It was established in 2009 and as of March of 2025, it had grown to 200 employees at 9 locations. Hanover Bank has an A health rating.

Reviews (1)

Great Rate, But Issues

Required 12 debit card transaction each month. Only one person able to answer Kasasa-specific questions. Multiple problems with Hanover-initiated ACH transactions. Solved by using externally-initiated ACH transactions.



Health

Health Grade Components

Overall
FDIC Certificate #58675
Year Established2009
Employees200
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD3.31%
Annual Interest Income$32.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.29B$2.31B
LoansQ1 2025vs Q1 2024$1.95B$1.99B
DepositsQ1 2025vs Q1 2024$1.94B$1.92B
Equity CapitalQ1 2025vs Q1 2024$220.7MM$213.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$22.9MM$19.9MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$11.5MM$17.5MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Sorry, we do not have rate data for Hanover Bank.

Locations


Hanover Bank Locations
Rockefeller Center Branch600 Fifth Ave, 17th FloorNew York, NY 10020
Bowery Branch109 BoweryNew York, NY 10002
Mineola Branch80 East Jericho TurnpikeMineola, NY 11501
Sunset Park Branch5512 8th AveBrooklyn, NY 11220
Freehold Branch4400 Us Highway 9Freehold, NJ 07728
Flushing Branch138-29 39th AvenueFlushing, NY 11354
Forest Hills Branch71-15 Austin StreetForest Hills, NY 11375
Garden City Park Branch2131 Jericho TpkeGarden City Park, NY 11040
Hauppauge Branch410 Motor Parkway, 3rd FloorHauppauge, NY 11788

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