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Money Market, Savings & CDs

Keep your money working for you with accounts that earn you interest.

Personal Money Market1-3

The best of both worlds. Liquidity and return.
$2,500 minimum daily balance required to earn interest and avoid the $10 monthly service charge
Easy transfers
Free ATM/Debit Card
Surcharge free ATM transactions at all 40,000 domestic Allpoint locations
Free Online & Mobile Banking
Free Bill Pay
Free eStatements

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.

Statement Savings 1-3

The perfect companion account for any checking account.
Earn interest on the account's daily balance
$100 to open an account
Minimum required daily balance of $100 to avoid a monthly $5 service charge
Easy transfers
Surcharge free ATM transactions at all 40,000 domestic Allpoint locations
Free Online & Mobile Banking
Free eStatements

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.

Custodian Savings 1

An account for guardians to save for minor beneficiaries.
Earn interest on the account's daily balance
$100 to open an account
Easy transfers
Available to legal guardians of children under the age of 18

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.

Certificates of Deposit1

Lock in a guaranteed rate of return and watch your money grow.
Terms from 6-60 months with competitive rates
Minimum balance to open and earn the Annual Percentage Yield is $500
Early withdrawal penalties apply

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.
Check with your tax advisor to learn if your contribution is tax deductible
Interest compounds daily
Funds invested in fixed rate FDIC insured CDs

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

Money Market
Liquidity and return. You can have both, and competitive rates.
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Statement Savings
Earn interest on your deposits with quick and easy transfers.
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Custodian Savings
Designed for a guardian to establish an account for a minor.
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Certificates of Deposit
Explore Hanover’s FDIC-insured CD options with terms up to 60 months.
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Individual Retirement Accounts
Benefit now and plan for the future with traditional and Roth IRAs.
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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.

6 months
12 Months
15 Months
18 Months
2 Years
3 Years
5 Years

Annual Percentage Yield

0.30%
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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

Hanover’s on-the-go services let you handle all your banking wherever life, work or vacation takes you.
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Connect with Us

Let’s talk about how banking with Hanover can benefit you.

We’re Here to Help.