35 employees let go, ahead of local bank merger

Kinderhook Bank is about to become Community Bank, with the company saying the completion of the merger is happening this weekend.

Ahead of the merger, 35 Kinderhook Bank employees have been let go, as well at top executives in the company.

All branches are scheduled to close at 3 this afternoon, and not open until Monday, when they will all be community bank branches.

Kinderhook Bank was sold earlier this year for 93.4 million.

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