*Promotional Rate of 2.99% Annual Percentage Rate (APR) is available on applications received by April 30, 2010 and applies to the first 12 months of the loan after which the rate is variable and is subject to change. After first 12 months, rate reverts to Prime rate minus 0.25% as stated in the Wall Street Journal, or to the minimum Floor Rate of 4.50% APR whichever is greater and will adjust monthly. Current Prime rate is 3.25% as of December 16, 2008. Lifetime Rate Cap of 14.50%APR. Applicants are subject to Kinderhook Bank underwriting guidelines and eligibility requirements. No closing costs on lines of credit from $25,000-$250,000. Other line amounts, rates, and terms are available. Must be secured by a single family, primary or secondary owner-occupied home with up to an 80% Total Loan to Value ratio. Take up to 10 years to access the line and 15 years to repay. The monthly payment for a $50,000 home equity adjustable line of credit at 2.99% APR for the first year would be $114.68-$126.97 and the monthly payment thereafter would be $172.60-$191.10 at the Floor Rate of 4.50% APR and dependent upon the number of days in the monthly billing cycle (28-31 days). Third-party or other financial institution fees may apply. Existing Kinderhook Bank Home Equity Line of Credit account holders may apply for this promotional rate by qualifying and adding a minimum of $25,000 to their existing line of credit. Modification fees may apply. May not combine any other discounts with this promotional rate.