Money Market, Savings & CDs
Keep your money working for you with accounts that earn you interest.
Elite High Yield Personal Money Market1-4
The best of both worlds. Liquidity and return.1Deposit accounts are subject to our Deposit Account Agreement and Terms and Conditions. All deposit applications are subject to our account opening requirements and approval process. Please ask for a copy of our fee schedule.
2Services are subject to separate Service Agreements.
3Fees may apply for non-Allpoint, non-Hanover Bank, and international ATM transactions.
4Our Elite High Yield Personal Money Market account is a variable rate product and the rate may change at any time, after account opening. Minimum balance required to open and earn APY is $5,000.00.
Statement Savings 1-3
The perfect companion account for any checking account.1Deposit accounts are subject to our Deposit Account Agreement and Terms and Conditions. All deposit applications are subject to our account opening requirements and approval process. Please ask for a copy of our fee schedule.
2All services may not be available on all accounts. Services are subject to separate Service Agreements.
3Fees may apply for non-Allpoint, non-Hanover Bank, and international ATM transactions.
More YOU Savings 1
An account that helps you grow your savings1 These Annual Percentage Yields (APYs) are effective as of 10/26/2022 and are subject to change without notice. Account Terms and Conditions apply. Fees could reduce earnings. No brokered deposits accepted.
Our More YOU Savings account is a variable tiered rate product, and the rate may change at any time, in any tier, after account opening. Minimum balance required to open and earn APY is $100. Daily balances below $100 earn no interest or APY. For daily balances between $100 and $4,999.99 the APY is .10%. For daily balances at or above $5,000 the APY is 2.50%.
Certificates of Deposit1
Lock in a guaranteed rate of return and watch your money grow.1Deposit accounts are subject to our Deposit Account Agreement, Terms and Conditions, and approval. Ask for a copy of our fee schedule.
Individual Retirement Accounts1-3
Get a head start on your future with an Individual Retirement Account.1Deposit accounts are subject to our Deposit Account Agreement, Terms and Conditions, and approval. Ask for a copy of our fee schedule.
2Speak to your tax advisor to determine your eligibility.
3FDIC insurance caps apply. Visit www.FDIC.gov for more information.
What You Can Expect
Money markets with competitive rates
Savings for the planned and unexpected
CDs with a range of rates and terms
More ways to protect and grow your wealth
Elite High Yield Personal Money Market
Let your money do the work for you. Liquidity with great rates.
Statement Savings
More YOU Savings
Certificates of Deposit
Individual Retirement Accounts
CD Rates
Get today’s CD rates and find the terms that work best for you.
These Annual Percentage Yields (APYs) are accurate as of the date displayed on the Rates page and are subject to change without notice. Our CD interest rates remain fixed until maturity. The minimum balance to open a Certificate of Deposit and earn the APY is $500. A penalty may be imposed for withdrawals before maturity. Fees could reduce earnings.
Annual Percentage Yield
3.30%Why Hanover?
Day or night, in-branch or online, we’re here. Hanover Bank offers the convenient banking services you need.
Flexibility
Whether it’s a loan to buy the home of your dreams or digital banking services, we work with you to help you to fulfill your financial ambitions.
Diligence
Every day is an opportunity to help you reach your financial goals, which is why we’ll work as tirelessly as you to seek out new financial opportunities.
Community
We share a sense of community inside the Bank, with our clients, and in the broader communities we serve.
Mobile Banking 24/7
Connect with Us
Let's Connect
Welcome to Better Banking
Get Started TodayGet Started Today
Work Your Money HarderSaving was never so easy to meet your financial goals
Learn More
Growing Your Small BusinessWith funds to fuel your small business and meet your needsLearn More 
Owning is always betterYour commercial mortgageis right hereLearn More
Dreaming of homeownershipYour new home is waiting for you, and so are welearn more