What is the purpose of the Plan of Conversion and Reorganization?

The Plan aims to convert Rhinebeck Bancorp, MHC from a mutual holding company to a stock holding company.

When was the Plan adopted?

The Plan was adopted on February 10, 2026.

What will happen to Rhinebeck Bancorp, MHC after the conversion?

Rhinebeck Bancorp, MHC will cease to exist after the conversion.

Who is eligible to subscribe for shares of common stock?

Depositors of Rhinebeck Bank and other eligible account holders can subscribe for shares.

What regulatory approvals are needed for the Plan?

The Plan requires approval from the Federal Reserve Board and the New York State Department of Financial Services.

Rhinebeck Bancorp, MHC will convert to a stock holding company.

Official Courthouse Record · AI-summarized for clarity

Published: Feb 14, 2026
Category: Legal Notices
City: Poughkeepsie
Address: Poughkeepsie, New York

What You Should Do Next

1
Check Eligibility
Verify if you are an eligible account holder by reviewing your account status before the eligibility record date of December 31, 2024.
2
Attend Special Meeting
Participate in the special meeting of depositors to vote on the Plan, which will require a 75% approval from the votes cast.
3
Contact Regulatory Bodies
Reach out to the Federal Reserve Board and NYSDFS for any questions regarding the approval process and timeline.
4
Monitor Stock Offering
Stay informed about the stock offering details and subscription rights after the conversion is approved and announced.

Frequently Asked Questions

What is the purpose of the Plan of Conversion and Reorganization?: The Plan aims to convert Rhinebeck Bancorp, MHC from a mutual holding company to a stock holding company.
When was the Plan adopted?: The Plan was adopted on February 10, 2026.
What will happen to Rhinebeck Bancorp, MHC after the conversion?: Rhinebeck Bancorp, MHC will cease to exist after the conversion.
Who is eligible to subscribe for shares of common stock?: Depositors of Rhinebeck Bank and other eligible account holders can subscribe for shares.
What regulatory approvals are needed for the Plan?: The Plan requires approval from the Federal Reserve Board and the New York State Department of Financial Services.

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