Savings Accounts

Hanover Community Bank offers a variety of Savings Accounts to fit your needs. Our savings accounts earn interest and your deposits with us are FDIC insured.

Our savings plans come with the perfect financial combination: competitive interest rates and easy access to your funds. Plus, you will have the convenience of our Free Online Banking to view your information, make payments, and transfer funds between accounts (subject to Regulation D withdrawal and/or transfer limitations) and more.

Relationship Savings 

  • Available to customers who maintain a HCB Checking account * with the following monthly transaction activity:
    • a) At least one electronic Direct Deposit greater than $250.00

    Or

    • b) Four Point of Sale (POS) Debit Card transactions
  • $100.00 minimum balance is required to open an account
  • Interest earned on balances up to $250,000.99
  • Can be opened as a Custodial account for a minor
  • Link to your ATM VISA Debit Card
  • Transfer funds between savings and checking with the convenience of Online Banking

Savings Plus

  • $100.00 minimum balance is required to open an account
  • Interest earned on balances up to $600,000.99
  • Can be opened as a Custodial account for a minor
  • Link to your ATM VISA Debit Card (an HCB Checking account is required) *
  • Transfer funds between savings and checking with the convenience of Online Banking

Basic Savings

  • $100.00 minimum balance is required to open an account
  • Interest earned entire balance
  • Can be opened as a Custodial account for a minor
  • Perfect for holiday or vacation savings
  • Link to your ATM VISA Debit Card (an HCB Checking account is required) *
  • Transfer funds between savings and checking with the convenience of Online Banking

 

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

* Limitations Apply.  The first five foreign ATM transaction fees (both Hanover and Foreign Bank ATM fees) in a statement cycle will be reimbursed. 

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.