Available for New York residents, Hanover Community Bank is offering 2.00% APY when you open a VIP Personal Money Market account. To earn this competitive rate, simply have an opening deposit of $2,500. That’s all it takes and you’ll get to enjoy earning the 2.00% rate on any and all balances. With an account from Hanover Community Bank, you’ll have access to great features such as eStatements, great rates, and so much more! If you are interested and qualify, apply online today!
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Hanover Community Bank Account Info:
- Sign up Offer
- Account Type: VIP Personal Money Market Account
- Interest Rate: 2.00%
- Minimum Balance: $2,500
- Maximum Balance: No limit
- Availability: NY (Bank Locator)
- Expiration Date: None listed
- Credit Inquiry: Hard pull or soft pull? Let us know
- Opening Deposit: $2,500
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: None listed
- Monthly Fee: None listed
- Additional Requirements: See below
- Early Termination Fee: None listed, check with CSR for more information
- Insured: FDIC
ACH Capabilities & Limits:
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | |
| Pull | ? | ? | ? |
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
How to Earn Hanover Community Bank Rates:
- Open a VIP Personal Money Market Account from Hanover Community Bank with an opening deposit of $2,500.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- Maintain a minimum balance of $2,500, enroll in online banking, and agree to electronic-only statements.
| Balance Requirement | APY Rate |
| $0-$2,499.99 | 0.00% APY |
| $2,500+ | 2.00% APY |
Why You Should Sign Up For This Account:
- Interest compounded daily and paid monthly
- Access to eStatements and other financial tools
- 24/7 ATM/Debit card access available
Bottom Line:
Check out this offer from Hanover Community Bank. When you open a VIP Personal Money Market account you can earn a 2.00% APY! This rate is great for balances above $2,500. The opening deposit automatically qualifies you for the high rate, leaving you less to worry about. Take advantage of the services they have to offer along with these savings. It takes just minutes online, so open an account today! Let us know about your experience with this bank and comment below. For more bank offers, see the complete list of Best Bank Rates!
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