Today techs Hanover Bancorp Pronounces Inclusion in Prestigious Piper

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MINEOLA, N.Y., Sept. 23, 2022 (GLOBE NEWSWIRE) — Hanover Bancorp, Inc. (Nasdaq: HNVR) (the “Firm”), guardian firm of Hanover Group Financial institution, is thrilled to announce that they’ve been included within the prestigious Piper Sandler Sm-All Stars: Class of 2022.

The Piper Sandler Sm-All Stars Class of 2022 distinction is given to the highest 35 performing small-cap banks today techs and thrifts all through the nation. To earn the Sm-All Star standing, corporations have to have a market cap beneath $2.5 billion and clear quite a few hurdles associated to progress, profitability, credit score high quality, and capital power.

Michael P. Puorro, Chairman and Chief Govt Officer, said, “It’s an unimaginable honor not solely to obtain this distinction however to be included in a category with so many different excellent establishments. I applaud our wonderful staff whose tireless efforts enable us to be acknowledged with accolades corresponding to this; they’re our biggest useful resource.”

About Hanover Bancorp, Inc.
Hanover Bancorp, Inc. (NASDAQ: HNVR), is the financial institution holding firm for Hanover Group Financial institution, a group industrial financial institution specializing in extremely personalised and environment friendly companies and merchandise conscious of shopper wants. today techs Administration and the Board of Administrators are comprised of a choose group of profitable native businessmen and girls who’re dedicated to the success of the Financial institution by realizing and understanding the metro-New York space’s monetary wants and alternatives. Backed by state-of-the-art know-how, Hanover provides a full vary of economic companies. Hanover employs a whole suite of client and today techs industrial banking services and products, together with multi-family and industrial mortgages, residential loans, enterprise loans and contours of credit score. Hanover additionally provides its clients entry to 24-hour ATM service with no charges connected, free checking with curiosity, phone banking, superior applied sciences in cell and web banking for our client and enterprise clients, secure deposit packing containers and far more. The Firm’s company administrative workplace is situated in Mineola, New York the place it additionally operates a full-service department workplace together with further department places in Backyard Metropolis Park, Forest Hills, Flushing, Sundown Park, Rockefeller Middle and Chinatown, New York, and Freehold, New Jersey.

Hanover Group Financial institution is a member of the Federal Deposit Insurance coverage Company and is an Equal Housing/Equal Alternative Lender.

Cautionary Word Relating to Ahead-Trying Statements
This launch could today techs include sure “forward-looking statements” throughout the which means of the Personal Securities Litigation Reform Act of 1995 and could also be recognized by way of such phrases as “could,” “consider,” “count on,” “anticipate,” “ought to,” “plan,” “estimate,” “predict,” “proceed,” and “potential” or the adverse of those phrases or different comparable terminology. Examples of forward-looking statements embody, however will not be restricted to, estimates with respect to the monetary situation, outcomes of operations and enterprise of Hanover Bancorp, Inc. Any or the entire forward-looking statements on this launch and in another public statements made by Hanover Bancorp, Inc. could develop into incorrect. They are often affected by inaccurate assumptions that Hanover Bancorp, Inc. may make or by recognized or unknown dangers and uncertainties together with the dangers detailed within the “Cautionary Word Relating to Ahead-Trying Statements,” “Danger Components” and different sections of the Registration Assertion filed with the SEC. Additional, today techs the adversarial impact of the COVID-19 pandemic on the Firm, its clients, and the communities the place it operates could adversely have an effect on the Firm’s enterprise, outcomes of operations and monetary situation for an indefinite time period. Consequently, no forward-looking assertion may be assured. Hanover Bancorp, Inc. doesn’t intend to replace any of the forward-looking statements after the date of this launch or to adapt these statements to precise occasions.

Investor and Press Contacts:
Brian Ok. Finneran

Lance P. Burke
Chief Monetary Officer
(516) 548-8500

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