Hanover Community Bank Announces Expansion into the Queens Market with the Opening of Forest Hills Branch

Michael P. Puorro, President and CEO, announced today that Hanover
Community Bank has opened its first bank location in Queens on Austin
Street in Forest Hills.

“I am extremely proud of our initial branch expansion into our new
location in Forest Hills, Queens. Since a significant amount of our
lending has already been focused in the Queens market, we can now better
serve the borough with a full-service branch location offering our
unique customer oriented service model with specific products and
services geared to the needs of the local community. We pride ourselves
in operating as a locally-based commercial community bank serving the
banking needs of individuals, professionals and businesses in a
demographic that recognizes the value of local decision making” said
Michael P. Puorro, President and CEO.

With a branch in Garden City Park, our newest in Forest Hills and the
soon to be opened branch in Mineola, we are committed to making our Bank
the premiere community bank in the New York metropolitan marketplace …
The Bank of You.

About Hanover Community Bank and Hanover Bancorp, Inc.

With assets of approximately $400.0 million, Hanover Community Bank is
the sole subsidiary of Hanover Bancorp, Inc., a privately held stock
bank holding company. Hanover Community Bank is a locally owned and
operated community commercial bank, focusing on highly personalized and
efficient services and products responsive to local needs. Management
and the Board of Directors are comprised of a select group of successful
local businessmen and women who are committed to the success of the Bank
by knowing and understanding the metro-New York area’s financial needs
and opportunities. Backed by state-of-the-art technology, Hanover offers
a full range of modern financial services. Hanover employs a complete
suite of consumer and commercial banking products and services,
including multi-family and commercial mortgages, residential loans,
business loans and lines of credit. Hanover also offers customers
24-hour ATM service with no fees attached, free checking with interest,
telephone banking, the most advanced technologies in internet banking
for our consumer and business customers, safe deposit boxes and much
more. Hanover Community Bank maintains its corporate offices in Garden
City Park, New York where it currently operates its other full service
branch location.

Hanover Community Bank is a member of the Federal Deposit Insurance
Corporation and is an Equal Housing/Equal Opportunity Lender. For
further information, call (646-569-3600) or visit the Bank’s website at www.hanovercommunitybank.com.

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