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Kinderhook Bank
United States
1853 (172 Years)
Last online: No recent activity
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Kinderhook Bank
Company Information
Get to know Kinderhook Bank
Kinderhook Bank operates as the bank holding company for The National Union Bank of Kinderhook that provides various banking products and services in New York. It offers checking, savings, and money market accounts, consumer loans, including auto and truck loans, personal loans, credit cards, and cash-secured loans, commercial and small business loans comprising business and term loans, equipment loans, business lines of credit, term financing, commercial and industrial mortgages, construction financing, and SBA and USDA financing programs, commercial mortgage and real estate loans, small business loans, and municipal financing services. Kinderhook Bank also provides convenience services, such as debit, check, gift, and travel money cards; online, telephone, mobile, and messenger banking services; direct deposit, night depository, notary public, safe deposit box, and wire transfer services, overdraft lines of credit services, and merchant and remote deposit services. It operated eight branch offices in Albany, Chatham, Delmar, East Greenbush, Greenport, Kinderhook, Latham, and Valatie as of March 29, 2017. Kinderhook Bank began operation in 1853 and is based in Kinderhook in New York.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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