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Featured Accounts

Hanover Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.40%5-year CD60 Month CD
1.75%18-month CD15 Month CD
1.30%1-year CD13 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 76th largest bank in the state of New York. It is also the 1,434th largest bank in the nation. It was established in 2009 and as of September of 2017, it had grown to 56 employees at 3 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) Ups 18-Month CD APY - 11/9/2017

Hanover Community Bank (NYC metro area) has raised the rate on its 18-month CD (1.80% APY). The minimum deposit is $500, with no stated balance cap.

Hanover Community Bank (NYC) Offers Promo CD Rates - 9/6/2017

Hanover Community Bank (NYC metropolitan area) is offering a 15-month CD earning 1.70% APY. The minimum deposit is $500, with no stated balance cap.

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
Employees56
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD5.74%
Annual Interest Income$14.2MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$501.4MM$362.2MM
LoansQ3 2017vs Q3 2016$428.2MM$316.0MM
DepositsQ3 2017vs Q3 2016$375.4MM$269.9MM
Equity CapitalQ3 2017vs Q3 2016$49.2MM$39.1MM
Loan Loss AllowanceQ3 2017vs Q3 2016$4.8MM$3.4MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$0$0
Real Estate OwnedQ3 2017vs Q3 2016$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+
1.15%-$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
1.00%$1k-Concierge Checking
0.15%--NOW Personal
0.15%--Senior Checking
0.15%--NOW Business

Hanover Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.40%--60 Month CD
2.15%--48 Month CD
2.10%--36 Month CD
1.85%--24 Month CD
1.85%--30 Month CD
1.80%--18 Month CD
1.75%--15 Month CD
1.30%--13 Month CD
1.25%--12 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
Mineola Branch Office80 Jericho TurnpikeMineola, NY 11501