Skip to main content
Enter search terms below…

Member News

Kinderhook Bank Corp. Reports Seventh Consecutive Annual Dividend Increase



The Board of Directors of Kinderhook Bank Corp., (OTCQB:NUBK) the holding company for The National Union Bank of Kinderhook, at its October 24, 2017 meeting, voted to increase the regular quarterly common dividend, payable on November 14, 2017, to shareholders of record on October 31, 2017, from $0.23 per common share to $.24 per common share.

“This is the seventh consecutive year that Kinderhook Bank Corp. has increased its dividend to shareholders. President and Chief Executive Officer John A. Balli commented “We are pleased to provide a dividend increase to our shareholders. We value their support, which has allowed us to grow and provide outstanding banking services to the communities we serve.” said Balli.

In operation since 1853, Kinderhook Bank is the only bank headquartered in Columbia County and has recently expanded its branch network to a new state-of-the-art banking center in Delmar, NY in addition to branches in Latham, Albany, East Greenbush, Chatham, Greenport, Valatie and Kinderhook, NY. Kinderhook Bank has previously announced a merger with Patriot Federal Bank, which is expected to be completed on November 10, 2017 and will expand the branch network to Canajoharie, Johnstown and Amsterdam, NY.

 

Member FDIC.

Mayor Patrick Madden today announced the City of Troy has been awarded a $10 million grant from the New York State Environmental Facilities Corporation (EFC) through the Water Infrastructure Improvement Act and Intermunicipal Grant programs to fund the first phase of a major water line replacement project between the Tomhannock Reservoir and the…
Kinderhook Bank Corp. (“KBC”), (OTCQB:NUBK), the holding company for The National Union Bank of Kinderhook (the “Bank”), announced record earnings for the nine months ended September 30, 2018. Net income available to common shareholders was $3.3 million, or $2.50 (diluted) per common share, for the nine months ended September 30, 2018, compared…
Freeway Insurance Services is a proud partner of the Toys-for-Tots program. Drop off locations include: The Troy Location at 351 Broadway Open 8:30 - 5pm Monday - Friday The Schenectady Location 225 State Street *will be open as a drop off center during Schenectady's annual Christmas parade on 11/17/18 starting at 5:00pm.* The Ballston Spa…
Nov
27
Designed for Chamber members looking to maximize their investment by getting engaged and connected with the business community. Whether you’re a new or…
7:30 a.m. Check-in & Breakfast; 8 - 9 a.m. Benefits Overview
Dec
02
Attend the Northeast's largest, free holiday festival. With more than 100 entertainers, there is something for everyone! Join in the merriment as the…
11 a.m. - 5 p.m.
Dec
12
We’re giving thanks for our members by offering an exciting contest for two members to win customized Chamber marketing packages valued at $1,500 each! It…
Register By 12 p.m.