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Kinderhook Bank buys Patriot Federal

Mar 16, 2017 12:04 am
Chelsea Diana reports in the Albany Business Review that the Kinderhook Bank Corp.'s National Union Bank of Kinderhook is buying Patriot Federal Bank, based in Canajoharie, New York. Kinderhook Bank will have 11 offices in five counties. The Columbia County-based bank has been expanding in the Albany area recently too, and now has $601 million in total assets, $446 million in loans, and $521 million in deposits. The bank was founded in 1853, and only expanded outside of the county in 2007. Read the full story in the Albany Business Review.