Rhinebeck Bancorp, INC 8-K filings

Rhinebeck Bancorp has announced the retirement of its CFO, Michael J. McDermott, effective May 31, 2024, and the appointment of Phillip Lekanides as Interim Principal Financial and Accounting Officer.

Rhinebeck Bancorp's Chief Financial Officer, Michael J. McDermott, will retire effective May 31, 2024, after serving in the role since 2001.

Rhinebeck Bancorp reported a slight increase in net income for the fourth quarter of 2023, but a significant decrease for the full year, amidst a challenging interest rate environment.