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Hanover Bank - Certificates of Deposit
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Certificates of Deposit

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Category
CDs

Hanover Bank offers Certificates of Deposit with competitive rates and terms ranging from 6 months to 60 months. In addition, all of our CD’s are FDIC insured giving you peace of mind that your investment is safe.

  • $500 minimum amount to open account
  • Cannot make deposits to account during term
  • Can be opened as a Traditional or Roth Individual Retirement Account
  • There is a 10-calendar day grace period after maturity
  • Interest posts monthly
  • Can withdraw interest, penalty free, during term

 

For additional CD terms, please speak to one of our community bankers at (516) 548-8500.

 

 

Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.

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Please be advised that the views and information expressed on the website you are now entering are not those of Hanover Community Bank.

Please be advised that the views and information expressed on the website you are now entering are not those of Hanover Community Bank.

Please be advised that the views and information expressed on the website you are now entering are not those of Hanover Community Bank.

Please be advised that the views and information expressed on the website you are now entering are not those of Hanover Community Bank.

This Annual Percentage Yield (APY) is accurate as of xx/xx/20xx and is subject to change without notice. Account Terms and Conditions apply. Fees may reduce earnings. Minimum balance required to open and earn the APY is $1,000.  This is a variable rate product and the rate may be changed after the account is opened.

These Annual Percentage Yields (APYs) are effective as of X/XX/20XX and are subject to change without notice. Account Terms and Conditions apply. Fees could reduce earnings.

CDs:  Our Certificate of Deposit interest rates remain fixed until maturity. Minimum balance to open and earn the APY is $500. A penalty may be imposed for withdrawals before maturity.

VIP Personal Money Market: This is a variable rate product and the rate may change at any time after account opening. Minimum balance required to open and earn the APY is $2,500. Account holder is also required to open a Totally Free Checking (TFC) account. TFC account is non-interest bearing and requires a minimum balance of $100 to open.

A+ health rating from depositaccounts.com.  Data as of fourth quarter 2017.

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