Formations of, Acquisitions by, and Mergers of Bank Holding Companies
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The Federal Reserve System published a notice on March 23, 2026 listing applications from bank holding companies seeking approval under the Bank Holding Company Act of 1956. Rhinebeck Bancorp MHC of Poughkeepsie, New York has applied to convert from mutual to stock form. As part of this conversion, Rhinebeck Bancorp MHC would merge with its subsidiary Rhinebeck Bancorp, Inc., which controls Rhinebeck Bank. The notice invites public comments on the applications, which must be received by April 22, 2026. Applications and related filings are available for inspection at the Federal Reserve Bank of New York and the Board of Governors.
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Key Changes
- Public comment deadline set for April 22, 2026
- Rhinebeck Bancorp MHC to convert from mutual to stock form
- Rhinebeck Bancorp MHC to merge with subsidiary Rhinebeck Bancorp, Inc.
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