Tiered Interest Rate Money Market Accounts

HCB Money Market Accounts offer a competitive rate of return and greater liquidity than a Certificate of Deposit.   Tiered interest rate based on balances maintained.  This account offers 24-hour online access as well as monthly statements and digitized check images.  A great fit for those who maintain a minimum balance of more than $1500 and intend to keep their money invested over time.

  • $1,500.00 minimum balance to open
  • $1,500.00 minimum daily balance to earn interest*
  • Interest compounded daily and paid monthly
  • $10.00 monthly fee if daily balance falls below $1,500.00 during statement cycle
  • Excessive transaction charge of $20 per check, transfers to other accounts, and for payment to a third party by means of preauthorized automatic transfers in excess of six allowed during statement cycle
  • 24/7 ATM/Debit card access available

* Rates are subject to change at any time.

Call Hanover Community Bank at (516) 248-4868 or (646) 569-3600 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.

All Hanover Community Bank accounts are insured by the FDIC for at least $250,000.

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