Hanover Community Bank is a bank based in Garden City Park, New York, established in 2009, with $2.4 billion in total assets across 10 branches. By Trust Grade it ranks 74th of 118 banks we track in New York. Its capital ratio of 9.7% trails most similarly sized banks (39th percentile), versus a New York median of 10.4%. It was profitable over the most recent period, with a 0.42% return on assets. No consumer complaints against Hanover Community Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Hanover Community Bank compares to New York peers
How we graded Hanover Community Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.7% capital ratio)
- Profitable (ROA 0.42%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Hanover Community Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 109 Bowery, New York, NY 10002
- 600 5th Ave, New York, NY 10020
- 2131 Jericho Tpke, Garden City Park, NY 11040
- 5512 8th Ave, Brooklyn, NY 11220
- 7115 Austin St, Forest Hills, NY 11375
- 80 E Jericho Tpke, Mineola, NY 11501
- 13829 39th Ave, Flushing, NY 11354
- 4400 Us Highway 9, Freehold, NJ 07728
- 410 Motor Parkway, Hauppauge, NY 11788
- 1 N Country Rd, Port Jefferson, NY 11777
Are deposits at Hanover Community Bank insured?
Yes. Hanover Community Bank is an FDIC-insured bank (FDIC certificate #58675). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Hanover Community Bank: frequently asked questions
Is Hanover Community Bank a good bank?
Hanover Community Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (9.7% capital ratio); Profitable (ROA 0.42%).
Is Hanover Community Bank FDIC-insured?
Yes. Hanover Community Bank is a FDIC-insured bank (FDIC certificate #58675). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Hanover Community Bank?
Hanover Community Bank holds $2.4 billion in total assets, ranking 74th of 118 banks we track in New York. It operates 10 branches.
Does Hanover Community Bank have CFPB complaints?
No CFPB complaints against Hanover Community Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
