$RBKB

Rhinebeck Bancorp, Inc.

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Rhinebeck Bancorp, Inc. Announces Commencement of Stock Offering

Rhinebeck Bancorp (NASDAQ: RBKB) began a stock offering tied to the proposed “second-step” conversion from Rhinebeck Bancorp, MHC to a stock holding company. It plans to sell up to 8,912,500 shares at $10.00 each, with at least 6,587,500 shares required to complete the conversion. Completion depends on regulatory, depositor, and stockholder approvals.

Rhinebeck Bancorp, Inc. Announces Commencement of Stock Offering

Rhinebeck Bancorp (NASDAQ:RBKB) began a stock offering tied to the proposed “second-step” conversion from mutual holding company to stock holding company. It plans to sell up to 8,912,500 common shares at $10.00 each, with at least 6,587,500 shares required to complete the conversion, subject to regulatory and shareholder approvals.

Rhinebeck Bancorp, Inc. Announces Commencement of Stock Offering

Rhinebeck Bancorp (NASDAQ:RBKB) began a stock offering tied to the proposed “second-step” conversion from mutual to stock form. It plans to sell up to 8,912,500 common shares at $10.00 each, with at least 6,587,500 shares required to complete the conversion. Final approvals from regulators, stockholders, and depositors are pending. Keefe Bruyette & Woods is the marketing agent.

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