The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Hanover Bancorp discloses president’s planned retirement

Hanover Bancorp in Mineola, N.Y., announced that its president is retiring.

The $1.6 billion-asset company disclosed in a regulatory filing that Brian Finneran will also retire as president of its bank on Feb. 15.

The filing did not disclose if the company has a successor lined up.

Hanover and Finneran also agreed to a consulting arrangement that will last until Aug. 15, 2023. Finneran will be paid about $42,000 a month under that agreement.

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