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Hanover Bancorp Expands Long Island Footprint with Opening of Riverhead Branch

Globe Newswire•06/10/2026•16:30 ET
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Key Highlights

  • ➤Riverhead opening becomes Hanover Community Bank’s eleventh branch
  • ➤New location expands Hanover’s Long Island presence, particularly in Suffolk County
  • ➤Riverhead branch offers personal, business, and municipal banking services
  • ➤Dedicated business bankers provide local companies direct access to banking expertise

Expert Statements

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“Riverhead is a natural fit for Hanover's continued growth across Long Island”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“The community is experiencing a remarkable transformation, and we see tremendous opportunity to partner with local businesses, families, community organizations, and public-sector leaders.”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“As we evaluated where to grow next, Riverhead stood out as a market where our relationship-focused approach and professional expertise can make a meaningful difference.”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“We look forward to building lasting relationships and supporting the community's continued success.”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“Our strategy has never been simply to open branches; it is to become part of the communities we serve, ”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“That begins with hiring talented professionals who know the local market because they live and work there.”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“Their insight allows us to make decisions close to our clients and deliver the tailored service that defines Hanover.”

Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank

“That is what it means to move Forward Together.”

MINEOLA, N.Y., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (Nasdaq: HNVR) (the "Company"), parent company of Hanover Community Bank (the "Bank"), today announced the opening of its newest full-service branch at 205 Osborn Avenue, Riverhead, New York. This location is Hanover Bank's eleventh branch. It reflects Hanover's disciplined growth strategy of expanding into communities with strong economic momentum and further expands its presence on Long Island, particularly in Suffolk County. Together with its Hauppauge Business Center and Port Jefferson branch, the Riverhead branch strengthens the Bank's ability to serve this region with local decision-making, personalized service, and comprehensive financial solutions.

"Riverhead is a natural fit for Hanover's continued growth across Long Island," said Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Community Bank. "The community is experiencing a remarkable transformation, and we see tremendous opportunity to partner with local businesses, families, community organizations, and public-sector leaders. As we evaluated where to grow next, Riverhead stood out as a market where our relationship-focused approach and professional expertise can make a meaningful difference. We look forward to building lasting relationships and supporting the community's continued success."

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