Hanover Bank Launches Its New Branding
5/10/2018 – Ms. Chardavoyne brings to Hanover extensive expertise in all facets of Information Technology, Operations, and Retail Banking. At Hanover, Ms. Chardavoyne will be responsible for the strategic planning and implementation of Information Technology, Retail Banking, and Operational initiatives that align with Hanover’s corporate objectives. Ms. Chardavoyne will also be responsible for driving retail business development through the implementation of a sales culture throughout Hanover’s branch network, as well as assisting in the identification, procurement and opening of future retail branch locations.
4/16/2018 – Hanover Bancorp, Inc. (“Hanover” or “the Company”), the holding company for Hanover Community Bank (“theBank”) today reported significant performance achievements for the quarter ended March 31, 2018, highlighted by record net income, continued momentum in year-over-year loan growth, outstanding asset quality, and record net interest income.
8/16/2016 – Hanover Community Bank announced today the completion of its proposed holding company reorganization effective as of the close of business August 10, 2016. As part of the reorganization, Hanover Bancorp, Inc. has become the parent of the Bank, and Bank shareholders will receive shares of the Company in exchange for their shares of bank common stock
Michael P. Puorro, Chairman, President and Chief Executive Officer, stated, “The establishment of the holding company will provide us with additional flexibility in our operations and, most importantly, in raising capital to support our continued growth. Since December 31, 2012, the Bank’s total assets have increased from $68.5 million to $327.6 million at June 30, 2016. We expect to open our second branch at 71-15 and 71-17 Austin Street in Forest Hills, Queens, New York in November, 2016. We expect that the strong growth we have experienced since the end of 2012 will continue.”
8/1/2015 − Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States – more than 6,900 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score. From the list of 6,998 banks, DepositAccounts.com recognizes those who have shown exceptional fiduciary responsibility in its 2015 edition of the Top 200 Healthiest Banks in America.
8/23/2013 − Hanover Community Bank opened in Garden City Park in 2009 with a plan: break through the clutter of community banks to directly serve a growing Asian population.
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