Rhinebeck Bank Receives Regulatory Approval to Continue Orange County Expansion With New Branch in City of Newburgh
Retrieved on:
Thursday, February 18, 2021
NEWBURGH, N.Y., Feb. 18, 2021 /PRNewswire/ --Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), the holding company of Rhinebeck Bank, has received all required regulatory approvals to continue its expansion in Orange County with the opening of a new branch at 456 Broadway in the city of Newburgh this spring.
Key Points:
- NEWBURGH, N.Y., Feb. 18, 2021 /PRNewswire/ --Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), the holding company of Rhinebeck Bank, has received all required regulatory approvals to continue its expansion in Orange County with the opening of a new branch at 456 Broadway in the city of Newburgh this spring.
- City of Newburgh Mayor Torrance Harvey said, "We are all thrilled to have Rhinebeck Bank open a branch in our great city.
- Diane Passaro, Vice President Orange County Market Manager, an Orange County banking and lending veteran who joined Rhinebeck Bank last year, will oversee Newburgh branch operations and continue to facilitate new opportunities for growth in Orange County going forward.
- The Newburgh branch will be the fourth Rhinebeck Bank location in Orange County, joining the villages of Goshen, Monroe and Warwick.