Rhinebeck (town), New York

Rhinebeck Bank expands Commercial Lending Team into Albany market

Retrieved on: 
Wednesday, June 9, 2021
Albany, New York, Rhinebeck (town), New York, Albany, Georgia, Bank, Geography of New York state), Economy, Geography of the United States

ALBANY, N.Y., June 9, 2021 /PRNewswire/ --Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), has expanded its presence in the Capital District with a new Commercial Lending office in the Albany market.

Key Points: 
  • ALBANY, N.Y., June 9, 2021 /PRNewswire/ --Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), has expanded its presence in the Capital District with a new Commercial Lending office in the Albany market.
  • "In recent years, the Bank has seen a steady demand for commercial lending in the Capital District," said Rhinebeck Bank President & CEO Michael J. Quinn.
  • Quinn said Philip Bronzi, the Bank's newly appointed chief lending officer, will oversee the new Albany market's Commercial Lending team.
  • As part of this expansion, the Bank will add three Commercial Lending professionals to its Albany office:
    Bob Bazargan SVP, Commercial Team Leader Capital Markets:
    A 10-year Albany resident with Hudson Valley roots, Bazargan is an experienced and well-respected commercial banker in the Albany and Saratoga markets.

Rhinebeck Bank promotes Philip J. Bronzi to Chief Lending Officer

Retrieved on: 
Wednesday, June 2, 2021
Poughkeepsie–Newburgh–Middletown metropolitan area, Rhinebeck (town), New York, Rhinebeck (village), New York, Geography of New York state), New York state), Geography of the United States

POUGHKEEPSIE, N.Y., June 2, 2021 /PRNewswire/ --Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), has promoted Philip J. Bronzi to chief lending officer.

Key Points: 
  • POUGHKEEPSIE, N.Y., June 2, 2021 /PRNewswire/ --Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), has promoted Philip J. Bronzi to chief lending officer.
  • Bronzi, who served as senior vice president, commercial lending director since rejoining Rhinebeck Bank in March 2018, brings more than 20 years of commercial lending experience to his new role.
  • In addition to leading the Bank's Commercial Lending team, he will also oversee the Bank's Indirect/Consumer Lending department.
  • "It is always a win when we can internally fill our most senior roles," said Michael J. Quinn, president & CEO of Rhinebeck Bank.

Rhinebeck Bank Receives Regulatory Approval to Continue Orange County Expansion With New Branch in City of Newburgh

Retrieved on: 
Thursday, February 18, 2021
Poughkeepsie–Newburgh–Middletown metropolitan area, Geography of New York state), New York state), Metropolitan areas of the United States, Rhinebeck (town), New York, Newburgh, New York, Rhinebeck (village), New York, Orange County, New York, Goshen (village), New York

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.

Unlimited Tomorrow Named to Inc.'s Inaugural Best in Business List

Retrieved on: 
Friday, December 11, 2020
Business, Articles, Economy, Cision, Unlimited, Vocus, Rhinebeck (town), New York, Inc.

RHINEBECK, N.Y., Dec. 11, 2020 /PRNewswire-PRWeb/ -- Unlimited Tomorrow has been named to Inc.'s inaugural Best in Business list.

Key Points: 
  • RHINEBECK, N.Y., Dec. 11, 2020 /PRNewswire-PRWeb/ -- Unlimited Tomorrow has been named to Inc.'s inaugural Best in Business list.
  • Inc. created the Best in Business Awards to honor companies that have gone above and beyond to make a positive difference.
  • Easton LaChappelle, founder and CEO of Unlimited Tomorrow, says, "2020 has been an amazing year for our company.
  • For Best in Business, companies have prioritized tackling today's problems to lead us to a better future, even if they've struggled to stay in the black."

Rhinebeck Bank Announces Acquisition of Two Branches from ConnectOne Bank

Retrieved on: 
Monday, October 26, 2020
Poughkeepsie–Newburgh–Middletown metropolitan area, Rhinebeck (town), New York, Companies, Geography of New York state), Banks of the United States

POUGHKEEPSIE, N.Y. and ENGLEWOOD CLIFFS, N.J., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Rhinebeck Bancorp, Inc., (NASDAQ: RBKB), the holding company of Rhinebeck Bank, and ConnectOne Bancorp, Inc. (NASDAQ: CNOB), the holding company of ConnectOne Bank, announced today an agreement under which Rhinebeck Bank will acquire two leased branch offices in Orange County, NY and their related deposits, from ConnectOne Bank.

Key Points: 
  • POUGHKEEPSIE, N.Y. and ENGLEWOOD CLIFFS, N.J., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Rhinebeck Bancorp, Inc., (NASDAQ: RBKB), the holding company of Rhinebeck Bank, and ConnectOne Bancorp, Inc. (NASDAQ: CNOB), the holding company of ConnectOne Bank, announced today an agreement under which Rhinebeck Bank will acquire two leased branch offices in Orange County, NY and their related deposits, from ConnectOne Bank.
  • The transaction is expected to add more than $50 million in deposits for Rhinebeck Bank.
  • Well continue to move away from traditional retail branches towards more robust banking hubs supported by digital tools and resources.
  • Rhinebeck Bancorp, Inc. is a Maryland corporation organized as the mid-tier holding company of Rhinebeck Bank and is itself the majority-owned subsidiary of Rhinebeck Bancorp, MHC.

Rhinebeck Bank Receives SBA Authorization To Fund $84.9 Million In Paycheck Protection Program Loans For Hudson Valley Small Businesses And Non-Profits

Retrieved on: 
Wednesday, May 6, 2020
Poughkeepsie–Newburgh–Middletown metropolitan area, Rhinebeck (town), New York, Small Business Administration, Rhinebeck (village), New York, Rhinebeck, Geography of New York state), New York state), Geography of the United States

POUGHKEEPSIE, N.Y., May 6, 2020 /PRNewswire/ -- Rhinebeck Bancorp, Inc., (the "Company") (NASDAQ: RBKB), the holding company of Rhinebeck Bank (the "Bank"), announced today that the Bank has received authorization from the U.S. Small Business Administration ("SBA") to fund approximately $84.9 million in loans under the SBA's Paycheck Protection Program ("PPP").

Key Points: 
  • POUGHKEEPSIE, N.Y., May 6, 2020 /PRNewswire/ -- Rhinebeck Bancorp, Inc., (the "Company") (NASDAQ: RBKB), the holding company of Rhinebeck Bank (the "Bank"), announced today that the Bank has received authorization from the U.S. Small Business Administration ("SBA") to fund approximately $84.9 million in loans under the SBA's Paycheck Protection Program ("PPP").
  • As a result, approximately 600 Hudson Valley small businesses and non-profits received much-needed relief from the devastating economic impact of COVID-19.
  • Rhinebeck Bank President and CEO, Michael J. Quinn, noted the tireless work of Bank staff as part of the PPP loan process.
  • Rhinebeck Bank takes pride in being personally involved in local businesses, communities and charitable organizations.