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About Hanover

We are a community bank with the scale and scope to serve our niche markets with high touch, personalized service.

Better Banking | the bank of you

Greater capacity to provide high-touch service via branches and digital channels. More opportunities to meet the borrowing needs of businesses, real estate investors, and home buyers.

Hanover Bank was established in 2009. With its recent acquisition of Savoy Bank, Hanover currently operates seven branch locations serving Long Island and the greater New York metropolitan area.

The Bank’s values of hard work, loyalty, and attention to long-term client relationships are core to each Hanover banker’s focus on helping our clients reach their business and personal financial goals.

Leadership Team

Michael P. Puorro
Chairman & Chief Executive Officer
Brian K. Finneran
President
Mac Wilcox
SEVP, Chief Lending Officer & Chief Revenue Officer
Lance P. Burke
Executive Vice President & Chief Financial Officer
Denise Chardavoyne
Executive Vice President, Chief Operations Officer
Michael P. Puorro
Chairman & Chief Executive Officer

Mr. Puorro has over 30 years banking experience and over 25 years as a senior banking executive in all facets of developing successful financial institutions. Since 2012, Mr. Puorro has served as the Chairman & Chief Executive Officer of Hanover Community Bank, and its holding company since its inception in 2016. Mr. Puorro coordinated an effort to reorganize and recapitalize Hanover through a revamped Board of Directors and new management team. Since the Company’s recapitalization, the Bank’s equity position has increased by $120 million while producing a 307% increase in stock issuance. Further, during this time, Hanover has grown its asset base by approximately $1.5 billion and has consistently displayed a track record of record earnings and strong asset quality. Today, Hanover is one of New York’s fastest growing community banks and is class leading in many financial metrics. Prior to Hanover, Mr. Puorro was the Co-Chairman and President of Madison National Bancorp, Inc. and Madison National Bank where he was a leading member of Madison’s entrepreneurial group and executive management team that raised $32.5 million in capital from a private placement. Prior to this, Mr. Puorro served as Executive Vice President and Chief Financial Officer of New York Community Bancorp, Inc. where he was directly responsible for managing the financial functions of the fourth largest thrift in the United States with over $24 billion in assets and $5 billion in market capitalization. Before his tenure with New York Community Bank, Mr. Puorro served as Executive Vice President and Chief Financial Officer of Roslyn Bancorp, Inc. where he coordinated Company growth from less than $1 billion to over $12 billion in assets, and from five to forty full service retail locations. Mr. Puorro was a former senior member in the Financial Services Group of KPMG LLP, specializing in financial institutions ranging in size from local community banks to super money center institutions. Mr. Puorro is a former Board member of the New York Banker’s Association which serves as the State’s preeminent provider of legislative and regulatory services to a unified banking industry. Mr. Puorro earned a Bachelor of Business Administration degree in Accounting from Dowling College’s School of Professional Accountancy, and in addition to being a Certified Public Accountant, is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. In May 2012, Mr. Puorro received an Honorary Doctorate Degree in Human Letters from Dowling College.

Board of Directors

We invite you to learn more about Hanover Bancorp and the members of our Board of Directors.
Investor Relations

Our Shared Values

Welcome to Hanover Bank, where we share more of your values and value you more.
Since our inception, we have maintained our focus on serving up banking products and services that serve our clients best. We are in it for the long term and differentiate ourselves though one-to-one, attentive service that is a cut above what other financial institutions offer. Hard work and discipline are core to our company culture.
Since our inception, we have maintained our focus on serving up banking products and services that serve our clients best. We are in it for the long term and differentiate ourselves though one-to-one, attentive service that is a cut above what other financial institutions offer. Hard work and discipline are core to our company culture.