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Hanover Bank - Money Market Account
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Money Market Account

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Category
Deposit Accounts

Hanover Bank’s Personal Money Market Account offers a competitive rate of return and greater liquidity than a Certificate of Deposit. This tiered rate account offers 24-hour online access, as well as monthly statements and digitized check images. A great fit for those who maintain a minimum balance of more than $2,500 and intend to keep their money invested over time.

 

Personal Money Market Account

  • $2,500 minimum balance to open account and earn interest
  • Daily balance between $2,500 and $99.999.99 earn a variable rate
  • Daily balance at and above $100,000 earn a higher variable rate
  • Interest compounded daily and paid monthly
  • 24/7 ATM/Debit Card access available ¹

View Rates
¹ Withdrawal limitations apply.  More than 6 debits from account, per one monthly statement cycle, will incur a fee.

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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.

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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