Dedicated to Deposits: Deals, Data, and Discussion
Kinderhook Bank2.50%-$20keFreedom Checking
Kinderhook Bank0.00%$1k-eFreedom Checking
Accounts mentioned in this post. Rates as of August 20, 2014

Competitive Reward Checking Account in New York at Kinderhook Bank - Local Only


Kinderhook Bank

We have listed in our tables the reward checking account at Kinderhook Bank since January 2010. Since that time, the rate has held steady, and it’s now quite competitive. The bank calls the account eFreedom Checking. Below is a summary of its rates and requirements as listed in the bank’s personal checking page as of 8/21/2013:

Rates and ATM fee refunds if monthly requirements are met:

  • 2.50% APY on balances up to $20,000
  • 0.75% on portion of balance over $20,000
  • 0.03% or less if requirements are not met
  • ATM Surcharge refund up to $25 per month

Monthly requirements to qualify for the above rates and ATM fee refunds:

  • 10 debit card purchases
  • 1 direct deposit
  • eStatements

The eFreedom Checking has no monthly maintenance fee. Customers receive a free order of 50 safety paper checks with first check order purchase.

Availability - Local Only

There’s an online application link on the bank’s personal checking page. However, I was told that the bank requires that you come in person to one of the branches to sign the signature cards.

Kinderhook Bank branches are located south of Albany in the New York cities of Kinderhook, Chatham, Delmar, Hudson, Valatie and East Greenbush.

Bank Overview

Kinderhook Bank is an independent community bank that was established in 1853. It has an overall health score at of 5 stars (out of 5) with a Texas ratio of 1.81% (excellent) based on March 2013 data. Please refer to our financial overview of Kinderhook Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 7128).

Other Reward Checking Accounts

To find reward checking accounts in other areas of the nation, please refer to the reward checking section of To learn more about reward checking, please refer to this reward checking overview.

  Tags: Kinderhook Bank, checking account, New York

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