Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals in the New York metro area. The company offers checking, savings, money market, NOW, and individual retirement accounts, as well as certificates of deposit and time deposits; cards; and residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equity, multi-family, business, bridge, and other personal purpose loans. The company also offers cash management, online and mobile banking, merchant, professional, and digital solutions. Its banking offices are located in Kings, Nassau, and Queens Counties in New York and in Monmouth County in New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.

History

Hanover Bancorp, Inc. was founded in 1886 and is a publicly traded company listed on the OTCQX Marketplace under the trading symbol “HNBGP”. Hanover Bank is chartered as a savings bank and was founded in 1886, when it provided banking consulting and loan services for members of Milwaukee’s German-American community. Today, Hanover Bank is still proud of our heritage and tradition of service, strength and stability. We provide a full range of banking and trust services to individuals, businesses, nonprofit and governmental entities in the counties of Racine, Kenosha and Milwaukee in Wisconsin, seeking quality, personalized banking.

Mission

At Hanover Bank, our mission is to provide high quality financial services to businesses, organizations, and individuals. Our goal is to be the institution of choice for customers and employees by exceeding their expectations and building relationships of trust, security and dependability.

Vision

Our vision is to be the premier financial services institution in the markets we serve. We will accomplish our vision through dedication to excellence, by always being responsive to the needs of our customers and by maintaining profitability and growth.

Key Team

Mr. Michael P. Locorriere (Exec. VP & Chief Municipal Officer)

Ms. Alice T. Rouse (Exec. VP & Chief Risk Officer)

Ms. Michelle Mihas (First VP & Corp. Sec.)

Ms. Lisa A. Dilorio (First Sr. VP & Chief Accounting Officer)

Mr. McClelland W. Wilcox (Sr. Exec. VP, Chief Lending & Chief Revenue Officer)

Recognition and Awards

Hanover Bank has recently been recognized with a string of awards and recognitions, such as the Best Banking and Financial Services Award from the Greater Milwaukee Business Journal and the Community Service Award from the Milwaukee Business Journal in 2018.