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MESSAGE TO OUR CLIENTS
Due to recent events that have occurred in the banking industry, we wanted to reassure our customers that Kendall Bank is very strong financially, with both liquidity and regulatory capital. One of the financial institution failures was due in large part to having significant investments in long-term bonds that declined in value when the Federal Reserve raised interest rates. Kendall Bank does not have any of its assets invested in long-term bonds or similar investments.
As a growth-oriented bank, Kendall Bank maintains its excess liquidity in very short-term (overnight) investments with the Federal Reserve. This allows Kendall Bank to be nimble and react quickly if liquidity is needed. In addition, Kendall Bank has a very diversified deposit and loan base made up of both consumer and commercial customers, which allows us to avoid or minimize concentration risk. Lastly, Kendall Bank exceeds its community bank regulatory capital requirements.
Please know that Kendall Bank staff and senior bank officers are available to answer any questions clients may have regarding how their deposits are protected. Contact us.
— Tim Barron, President & CEO
PERSONAL BANKING
EVERY STEP OF THE WAY
Whether you’re opening your first checking account, working to better manage your budget, or saving to buy a home, we’re here to help every step of the way.
BUSINESS BANKING
WORKING FOR YOU
Get the resources, expertise, and personalized service you need to successfully run and grow your business — from checking and savings accounts to customized business funding solutions.
MOBILE BANKING
Anytime, Anywhere
With Kendall Online Banking and the Kendall Mobile Banking App, you can easily access and manage your accounts 24/7 — whenever, wherever, and however works best for you.
BANK BETTER BLOG
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