☰

Home›
Banks›
Hanover Community Bank

iAdvertiser Disclosure

Hanover Community Bank Rates & Review May 2026

Q: How many branches does Hanover Community Bank operate?

Hanover Community Bank currently maintains approximately 10 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Hanover Community Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Hanover Community Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: May 14, 2026

You can compare Hanover Community Bank rates to other rates in our database, including 12-month CD rates currently at 3.25%, 6-month CD rates at 0.85% and 3-month CD rates at 1.00%. Savings rates are at 0.10% and money market rates are at 2.53%. Mortgage rates on 30-year fixed loans are around 5.95%. All these rates can be compared to Hanover Community Bank rates. MonitorBankRates evaluates the financial stability of Hanover Community Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 7.19%. Rates were last updated on 05/14/2026.

Hanover Community Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Hanover Community Bank? Share your experience about Hanover Community Bank by leaving a review below, or read customer reviews before you decide to use Hanover Community Bank.

Overall Health & Safety Grade

Excellent Health Score: 96/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

7.19%

Excellent Higher than avg

Hanover Community Bank

2131 Jericho Tpke
Garden City Park, NY 11040

https://www.hanoverbank.com

Current Rate Availability

We do not have Hanover Community Bank rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Hanover Community Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Hanover Community Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Hanover Community Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Hanover Community Bank

Bank Holding Company HANOVER BCORP INC

Address 2131 Jericho Tpke, Garden City Park, NY 11040 · Nassau

Website https://www.hanoverbank.com

FDIC Certificate # 58675

Established 01/21/2009

FDIC Insurance Date 01/21/2009

Domestic Offices 10

Total Branches 10

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 96/100

5.0

Exceptional Out of 5.0 Stars

7.19%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.6895%

Return on Equity (ROE) 6.9800%

Non-Performing Loans (NPL) 0.63%

Total Assets $2,381,629,000

Total Deposits $2,028,531,000

Equity Capital $223,880,000

Net Income $8,879,000

Headquarters Garden City Park

Total Offices 10

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

There are no reviews for Hanover Community Bank yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Hanover Community Bank

Frequently Asked Questions About Hanover Community Bank

How many branches does Hanover Community Bank operate?

Hanover Community Bank currently maintains approximately 10 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Hanover Community Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Hanover Community Bank provides members with tools to manage their accounts and build a solid financial history.

Does Hanover Community Bank offer online and mobile banking?

Most modern institutions like Hanover Community Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.hanoverbank.com.