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Hanover Bank - Rates
15896
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Rates

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Account Minimum
Deposit to Open
Minimum Daily
Balance to
Earn Interest
Rate Annual
Percentage
Yield
6 Month CD $500 $500 0.80% 0.80%
12 Month CD $500 $500 2.52% 2.55%
15 Month CD $500 $500 2.57% 2.60%
18 Month CD $500 $500 2.71% 2.75%
24 Month CD $500 $500 2.76% 2.80%
36 Month CD $500 $500 2.81% 2.85%
60 Month CD $500 $500 2.86% 2.90%

CDs – These Annual Percentage Yields (APYs) are accurate as of the date displayed on the top of this 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.

Account Minimum
Deposit to Open
Minimum Daily
Balance to
Earn Interest
Rate Annual
Percentage
Yield
Total Checking Plus¹ $300 $300 0.15% 0.15%

These Annual Percentage Yields (APYs) are accurate as of the date displayed on the top of this page and are subject to change without notice. Fees could reduce earnings. These are variable rate products and the rate may be changed after the account is opened. Account Terms and Conditions apply.

 

¹ A $5 monthly fee will apply if your daily balance falls below $300. Service Charge will be waived with a monthly reoccurring direct deposit.

Account Minimum
Deposit to Open
Minimum Daily
Balance to
Earn Interest
Rate Annual
Percentage
Yield
Personal
Money Market
$2,500 $0.00 – $2,499.99

$2,500- $99,999.99
$100,000 +

0.00%
1.98%
2.13%
0.00%
2.00%
2.15%
Business
Money Market
$2,500 $2,500 1.29% 1.30%

These Annual Percentage Yields (APYs) are accurate as of the date displayed on the top of this page and are subject to change without notice. Fees could reduce earnings. These are variable rate products and the rate may be changed at any time, in any tier, after the account is opened.  Account Terms and Conditions apply. A $10 monthly fee will apply if your daily balance falls below $2,500.

Account Minimum
Deposit to Open
Minimum Daily
Balance to
Earn Interest
Rate Annual
Percentage
Yield
Statement Saving¹ $100 $0.01 – $600,000.99 1.00% 1.00%
 Custodian Savings $100 $0.01 – $10,000.99
$10,001 +
2.00%
1.00%
2.02%
1.00%
Business Savings ² $500 $500 – $9,999.99
$10,000  – $24,999.99
$25,000 +
0.15%
0.35%
1.00%
0.15%
0.35%
1.00%

These Annual Percentage Yields (APYs) are accurate as of the date displayed on the top of this page and are subject to change without notice. Fees could reduce earnings. These are variable rate products and the rate may be changed after the account is opened. Account Terms and Conditions apply.

 

¹ Balances over $600,001 earn no interest. A $5 monthly fee will apply if your daily balance falls below $100.

² This is a tiered rate account.  The APY, in any tier, could change at any time after account opening. A $5 monthly fee will apply if your daily balance falls below $500.

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