Kinderhook Bank Work Albany, Ny

Under the terms of the agreement, shareholders of Kinderhook Bank Corp. will receive consideration per share of widespread inventory equal to $62.00 in money. This value represents, assuming full conversion of preferred equity, approximately 193% of Kinderhook Bank Corp.’s tangible e-book worth as of September 30, 2018. Community Bank President and CEO Mark Tryniski said the deal will extend the corporate’s footprint into the Capital District markets.

Kinderhook Bank Mobile is our cellular service that brings banking to your cellphone. Kinderhook Bank Mobile permits you to monitor your account out of your telephone at any time. Community Bank System operates more than 230 buyer amenities across Upstate New York and northeastern Pennsylvania, Vermont and western Massachusetts by way of its banking subsidiary, Community Bank.

If you do not have a Kinderhook Bank Login account, you can sign up for one by going to one of many official hyperlinks offering above. Once you may have an account, you’ll have the ability to log in by coming into your e-mail handle or cell phone quantity and password. To log in to Kinderhook Bank Login account, you’ll apollo roseman need to enter your e mail address or telephone quantity and password. If you don’t have an account yet, you probably can join one by coming into your name, email, or cell phone quantity, date of start, and gender.

The National Union Bank of Kinderhook is a 164-year-old independent group bank with workplaces in Albany, Chatham, Delmar, East Greenbush, Greenport, Kinderhook, Latham and Valatie, NY. The mixed group would operate as Kinderhook Bank with eleven places of work throughout 5 counties and, based mostly on monetary results as of December 31, 2016, roughly $601 million in complete belongings, $446 million in total loans and $521 million in complete deposits. Headquartered in DeWitt, NY, Community Bank System operates greater than 234 buyer amenities across upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts via its banking subsidiary, Community Bank. With belongings of more than $11 billion, the company is among the country’s 150 largest financial institutions. Providing financial providers to shoppers including a full vary of deposit, mortgage and insuranceI merchandise. Established in 1853, Kinderhook Bank is celebrating a hundred and sixty years of service to the neighborhood with branches in Kinderhook, Amsterdam, Albany, Canajoharie, Chatham, Delmar, East Greenbush, Greenport, Johnstown, Latham and Valatie.

Patriot provides a big selection of savings and checking merchandise as well as industrial, residential and consumer lending. As of December 31, 2016, Patriot had total assets of $141 million; loans of $114 million; deposits of $118 million; and complete capital of approximately $12.3 million. Kinderhook Bank Corp. reported total assets at September 30, 2018 of approximately $640 million, and is the holding firm for National Union Bank of Kinderhook.

Upon closing, Patriot shareholders will own approximately 29% of the stock within the combined firm, on a fully-diluted foundation. Community Bank System acquired Kinderhook in an all money transaction representing total consideration valued at approximately $93.four million. The merger added 11 department areas throughout a five county space within the Capital District of Upstate New York. Upon completion of the transaction, Community Bank System may have over $11.0 billion in property and over $9.0 billion in deposits. Patriot, headquartered in Canajoharie, NY, is a federally chartered financial savings establishment organized in 2005. It serves prospects in Montgomery and Fulton counties, NY, from workplaces in Amsterdam, Canajoharie and Johnstown, all of which might remain open after the merger and function as Kinderhook Bank branches.

Quit out of the browser after every Internet banking session to erase session data and keep an unauthorized individual from using the “back” browser perform to re-enter your online banking. Premier Business Connect presents an updated and intuitive desktop and mobile person expertise. We’re a full-service monetary establishment, providing all of the issues much bigger banks supply. But we even have the one factor they don’t—a passion for providing the best stage of customer service in no matter we do. The merger is anticipated to be accomplished by the second quarter of this 12 months, topic to approval by Kinderhook Bank shareholders and regulators.

On the following web page, please click the “Sign up now” link on the backside of the white login box. If you might have already created your Loan Application Portal account, you possibly can log in together with your username and password. If you purchase a product or register for an account by way of one of many hyperlinks on our web site, we might receive compensation. Get a free, customized wage estimate based mostly on at present’s job market.

scroll to top