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.
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.
Overall | |
---|---|
FDIC Certificate # | 58675 |
Year Established | 2009 |
Employees | 200 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.32% |
Return on Equity - YTD | 3.31% |
Annual Interest Income | $32.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $2.29B$2.31B |
Loans | Q1 2025vs Q1 2024 | $1.95B$1.99B |
Deposits | Q1 2025vs Q1 2024 | $1.94B$1.92B |
Equity Capital | Q1 2025vs Q1 2024 | $220.7MM$213.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $22.9MM$19.9MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $11.5MM$17.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Hanover Bank.
Hanover Bank Locations | ||
---|---|---|
Rockefeller Center Branch | 600 Fifth Ave, 17th Floor | New York, NY 10020 |
Bowery Branch | 109 Bowery | New York, NY 10002 |
Mineola Branch | 80 East Jericho Turnpike | Mineola, NY 11501 |
Sunset Park Branch | 5512 8th Ave | Brooklyn, NY 11220 |
Freehold Branch | 4400 Us Highway 9 | Freehold, NJ 07728 |
Flushing Branch | 138-29 39th Avenue | Flushing, NY 11354 |
Forest Hills Branch | 71-15 Austin Street | Forest Hills, NY 11375 |
Garden City Park Branch | 2131 Jericho Tpke | Garden City Park, NY 11040 |
Hauppauge Branch | 410 Motor Parkway, 3rd Floor | Hauppauge, NY 11788 |