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.
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.
