Hanover Bancorp Announces Joseph Burns as its New Executive Vice President, Chief Lending Officer
November 16 2023 - 9:00AM
Hanover Bancorp, (NASDAQ: HNVR) (the “Bank”) the bank holding
company for Hanover Community Bank, today announced the appointment
of Mr. Joseph Burns to the position of Executive Vice President,
Chief Lending Officer, effective immediately.
In his new role Mr. Burns will lead the Bank’s
commercial banking expansion with an emphasis on relationship-based
business deposit and loan growth on Long Island and across the New
York metro market. Among other responsibilities, Mr. Burns will
work closely with executive management to define the Bank’s
commercial banking goals and strategies, develop and launch new
products and expand into new markets.
“Joe is a seasoned leader with proven expertise
in strategic expansion, developing and managing production teams
and generating results. His knowledge of our key markets and robust
industry relationships will accelerate the pace and impact of our
commercial banking initiatives and support our strategic growth,”
stated Chairman and CEO, Michael P. Puorro. “We are excited to add
Joe to our executive management team as we expand our share of the
commercial banking market, providing our growing customer base with
the exceptional service, products and technology for which Hanover
Bank is known,” concluded Mr. Puorro.
“I am extremely grateful for the opportunity to
help shape the future of such a rapidly growing bank. As a proven
leader, I look forward to doing all I can to support the Bank and
my colleagues. In the wake of ongoing industry consolidation and
the absence of relationship banking at larger institutions, Hanover
Bank is extremely well-positioned for expansion. I look forward to
working with the executive management team to drive
relationship-based deposit and loan growth, forge strategic
alliances and expand our market share on Long Island and across New
York City and the NY metro market,” said Joseph Burns.
About Joseph Burns
Mr. Burns joins Hanover Bank from Valley Bank
where most recently he served as Regional President - New York
State Commercial Banking. In this position, Mr. Burns led Valley’s
New York commercial banking operation managing a diversified
portfolio of $3.5B in loan commitments. His talents include
collaboration in setting strategic direction to drive performance
and creating solutions to meet the needs of the communities we
serve. Joe earned his BBA in Management from Adelphi University. He
serves on the Board of Directors of New Ground, Inc., a
not-for-profit organization on Long Island. He is also a member of
the Long Island Association and the Queens Chamber of Commerce. Mr.
Burns is a past Board Member of the Real Estate Practitioners
Institute, Robert Morris Associates, Our Lady of Lourdes Catholic
Youth Organization, and Malverne Little League. Mr. Burns and his
wife are life-long Long Island residents and are the proud parents
of three adult children.
About Hanover Community Bank and Hanover
Bancorp, Inc.
Hanover Bancorp, Inc. (NASDAQ: HNVR), is the
bank holding company for Hanover Community Bank, a commercial
community bank focusing on highly personalized and efficient
services and products responsive to client needs. Management and
the Board of Directors are comprised of a select group of
successful local businesspeople 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 financial services.
Hanover employs 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. Hanover also offers its customers access to
24-hour ATM service with no fees attached, free checking with
interest, telephone banking, advanced technologies in mobile and
internet banking for our consumer and business customers, safe
deposit boxes and much more. The Company’s corporate administrative
office is in Mineola, New York where it also operates a
full-service branch office along with additional branch locations
in Garden City Park, Hauppauge, Forest Hills, Flushing, Sunset
Park, Rockefeller Center and Chinatown, New York and Freehold, New
Jersey.
Hanover Community Bank is a member of the
Federal Deposit Insurance Corporation and is an Equal Housing/Equal
Opportunity Lender. For further information, call (516) 548-8500 or
visit the Bank’s website at https://hanoverbank.com.
Investor and Press Contact:
Lance P. BurkeChief Financial Officer(516) 548-8500
Hanover Bancorp (NASDAQ:HNVR)
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