• Rhinebeck Bancorp completed a second-step conversion to a fully public stock holding company structure, ending its mutual holding company.
• The offering sold 8,880,210 common shares at USD 10 per share.
• Public shareholders’ existing shares converted into new shares at an exchange ratio of 1.3978.
• Total common shares outstanding rose to 15,638,237, excluding fractional-share adjustments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rhinebeck Bancorp Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607211710ACCESSWRNAPR_____1193989) on July 21, 2026, and is solely responsible for the information contained therein.