Hanover Bancorp, Inc. announced that it has received $1.73 million in funding from Castle Creek Advisors VIII LLC
November 01, 2022
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Hanover Bancorp, Inc. announced that it has issued preferred stock for gross proceeds of $1.73 million on November 2, 2022. The transaction included participation from returning investor Castle Creek Advisors VIII LLC.
Hanover Bancorp, Inc. is a one-bank holding company for its subsidiary, Hanover Community Bank (the Bank). The Bank is a community commercial bank, which offers a full range of financial services. The Bank provides a complete suite of consumer, commercial and municipal banking products and services, including multi-family and commercial mortgages, residential loans, business loans and lines of credit. It also offers its customers access to 24-hour automated teller machine service with free checking with interest, telephone banking, advanced technologies in mobile and internet banking for its consumer and business customers, safe deposit boxes and other. The Bank operates eight branch locations serving Long Island, the greater New York metropolitan area and Freehold, New Jersey. It operates a full-service branch office along with additional branch locations in Garden City Park, Forest Hills, Flushing, Sunset Park, Rockefeller Center and Chinatown, New York, and Freehold, New Jersey.
HANOVER BANCORP, INC. 
