Grow More, Stress Less with a Money Market Account
A personal Money Market account from Hanover Bank combines the features of both a checking and savings account, while giving you a better rate of return.
Enjoy These Great Benefits
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
Max Saver Savings
Build savings automatically while earning high interest. Only available with Max Cash Checking or Max Cash Back Checking account.
We will be performing routine system maintenance beginning 11:00 p.m. Saturday night, August 8th, through 6:00 a.m. Sunday morning, August 9th. Our customer service team is available anytime at 1-877-548-8880. We apologize for any inconvenience this may cause.
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Max Saver Savings
Link this free account to your Max Checking —and build savings automatically while earning high interest. Only available with Max Cash Checking or Max Cash Back Checking account.
Free account that builds your savings effortlessly.
Links to free Max Cash or free Max Cash Back checking.
Automatic crediting of Max Cash or Max Cash Back earnings.
3.50% APY* on balances as much as $100,000 When your Max Cash or Max Cash Back qualifications are met.
0.05% APY* on all balances when qualifications are not met in Max Cash or Max Cash Back.
No monthly maintenance fee.
No minimum balance to earn rewards.
$100 minimum deposit to open.
Disclaimers: *APY = Annual Percentage Yield.
Account transactions and activities may take one (1) or more business days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. Visit our website www.hanoverbank.com or contact one of our branch service representatives for specific Monthly Qualification dates.
Rewards Information Max Cash: Earn 5.50% APY on balances up to $25,000; 0.49% on balances over $25,000. Max Cash Back: Earn 5.00% cash back on debit card purchases up to $200 per cycle; maximum cash back is $10 per cycle. Max Saver: Earn 3.25% APY on balances up to $100,000; .20% on balances over $100,000. ATM Fee Refunds (Max Cash / Max Cash Back only): ATM withdrawal fees are reimbursed up to $25 per cycle. If fee data is unavailable, reimbursement is based on estimates. Adjustments will be made if a receipt is provided within 60 days of the subject transaction(s). ATM fee refunds do not apply to Max Saver accounts. Interest earned and Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.
When Qualifications Are Not Met Max Cash: earns 0.05% APY on the entire balance; Max Cash/Max Cash Back: No ATM fee reimbursements are provided; Max Cash Back: no cash back on debit card purchases; Max Saver earns 0.05% APY on the entire balance.
Account Requirements to Earn Rewards Max Cash: $100 minimum opening deposit, $5,000 average daily balance, at least 4 debit card transactions and one (1) ACH direct deposit transaction per monthly qualification cycle; Max Cash Back: $25 minimum opening deposit, no minimum account balance, at least 12 debit card transactions and one (1) ACH direct deposit transaction per monthly qualification cycle. Max Saver: $100 minimum opening deposit, no minimum account balance. A Max Saver account is required with Max Cash or Max Cash Back for automatic savings. Enrollment in electronic services (i.e., online banking, e-statements) and log-ons are required to meet qualifications. No monthly maintenance fees apply.
Additional Information Limit of one Max checking account per Social Security Number. Account approval, conditions, limits, and requirements apply. Contact a bank representative for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. There are no recurring maintenance charges nor any fees to open or close these accounts. Rates, rewards and bonuses, if any, are variable and may change after account is open; rates may change without notice to you. If the account is closed, you will forfeit any rewards that have not been credited to your account. Rewards of less than one (1) cent cannot be distributed. Rates are accurate as of 02/16/2026 and may change at any time, including after account opening. These accounts are not to be used for commercial purposes.
Elite High Yield Personal Money Market1-4
$5,000 minimum daily balance required to earn interest & avoid a $10 monthly service fee.
Check writing privileges.
Unlimited transfers
Free online bill pay.
Free online & mobile banking.
Free eStatements.
Free ATM/debit card.
Surcharge-free ATM transactions at over 55,000 participating Allpoint ATMs.
Disclaimers: 1To open the account, you must deposit a minimum of $5,000. Deposit 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. The Annual Percentage Yield (APY) is effective as of 10/30/2025 and is subject to change at any time, after account opening. Minimum balance required to open and earn APY is $5,000.00.
Premium High Yield Money Market1
$25,000 minimum daily balance required to earn interest & avoid a $10 monthly service fee.
Tiered rates that grow as you save more.
Easy transfers.
No charge for mobile banking, online banking & eStatements.
Disclaimers: 1 To open the account, you must deposit a minimum of $25,000.00. The interest rate and annual percentage yield (APY) for your account depend on the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. A minimum account balance of $25,000.00 is required to earn interest. Tier 1- If your daily balance is $0.00 up to $24,999.99 you will earn an interest rate of 0.00% and an APY of 0.00%. Tier 2- If your daily balance is $25,000.00 up to $99,999.99 you will earn an interest rate of 2.56% with 2.60% APY. Tier 3- If your daily balance is $100,000.00 up to $249,999.99 you will earn an interest rate of 2.71% with a 2.75% APY. Tier 4- If your daily balance is $250,000.00 up to $499,999.99 you will earn an interest rate of 2.81% with a 2.85% APY. Tier 5- If your daily balance is $500,000.00 or more you will earn an interest rate of 3.06% with a 3.10% APY. APY is accurate as of 12/18/2025. Your interest rate and annual percentage yield are subject to change. At our discretion, we may change the interest rate on your account. Fees may reduce earnings.
Statement Savings1-3
Money, Ready When You Are.
$100 to open an account.
Minimum required daily balance of $100 to avoid $5 monthly service fee.
Earn interest on daily account balance.
Surcharge free ATM transactions at over 55,000 participating Allpoint ATMs.
Easy transfers.
Free eStatements.
Free online & mobile banking.
Disclaimers: 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.
Certificates of Deposit1
A great return with the surety of FDIC protection.
Terms from 3-60 months with competitive rates.
$500 minimum balance to open & earn the Annual Percentage Yield.
Disclaimers: 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
Start planning for tomorrow, today.
Funds invested in fixed-rate, FDIC-protected Certificates of Deposit (CDs).
Interest compounds daily.
Check with your financial advisor to learn about contributions & tax deductibility.
Disclaimers: 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.
