Bank News


5/10/2018 -- MINEOLA, NEW YORK, May 10, 2018
Hanover Community Bank today announced that Denise Chardavoyne has joined the Company as Executive Vice President & Chief Retail and Information Officer. Ms. Chardavoyne brings to Hanover extensive expertise in all facets of Information Technology, Operations, and Retail Banking. At Hanover, Ms. Chardavoyne will be responsible for the strategic planning and implementation of Information Technology, Retail Banking, and Operational initiatives that align with Hanover’s corporate objectives. ...more

Hanover Community Bank Announces Completion of Holding Company Reorganization

08/16/2016 -- Garden City Park, N.Y. – August 16, 2016 – Hanover Community Bank (“Hanover”, “the Bank”) announced today the completion of its proposed holding company reorganization effective as of the close of business August 10, 2016. As part of the reorganization, Hanover Bancorp, Inc. has become the parent of the Bank, and Bank shareholders will receive shares of the Company in exchange for their shares of bank common stock.

Michael P. Puorro, Chairman, President and Chief Executive Officer, stated, “The establishment of the holding company will provide us with additional flexibility in our operations and, most importantly, in raising capital to support our continued growth. Since December 31, 2012, the Bank’s total assets have increased from $68.5 million to $327.6 million at June 30, 2016. We expect to open our second branch at 71-15 and 71-17 Austin Street in Forest Hills, Queens, New York in November, 2016. We expect that the strong growth we have experienced since the end of 2012 will continue.”

Hanover Community Bank Ranks 29th in the "Top 200 Healthiest Banks in America"

8/1/2015 -- Each year evaluates the financial health of every federally insured bank in the United States – more than 6,900 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score.

From the list of 6,998 banks, recognizes those who have shown exceptional fiduciary responsibility in its 2015 edition of the Top 200 Healthiest Banks in America… ...more

Minority Banks Broaden Focus

Long Island Business News; By Claude Skolnik

8/23/2013 -- Hanover Community Bank opened in Garden City Park in 2009 with a plan: break through the clutter of community banks to directly serve a growing Asian population. ...more

Call Hanover Community Bank at (516) 548-8500 for more information on our banking products and services. Branch location, hours of operation and other related information can be found on our Contact page.

Have more questions? Check out our FAQs page for additional information.