Hanover Bancorp, Inc. functions as the parent entity for Hanover Community Bank, providing a comprehensive range of financial products and services. These offerings serve individuals, municipalities, and small to mid-sized businesses across the New York metropolitan area. The bank's extensive portfolio includes various deposit options such as checking, savings, money market, NOW, and individual retirement accounts, alongside certificates of deposit and time deposits, as well as card services. For lending needs, it offers residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, Small Business Administration (SBA) loans, home equity financing, multi-family property loans, general business loans, bridge loans, and other personal purpose loans. Branch locations are established in Manhattan, Brooklyn, Queens, and Nassau County, New York, with its administrative hub situated in Suffolk County, New York. Established in 2008, Hanover Bancorp, Inc. maintains its headquarters in Mineola, New York.
Hanover Bancorp Expands Long Island Footprint with Opening of Riverhead Branch
Hanover Bancorp opened its eleventh full-service branch at 205 Osborn Avenue in Riverhead, New York, expanding its Long Island footprint into Suffolk County.
The location doubles as a business banking center with dedicated business bankers offering personal, business, and municipal banking services.
CEO Michael P. Puorro framed the opening as part of a disciplined, relationship-focused expansion strategy alongside the Hauppauge Business Center and Port Jefferson branch.