Rhinebeck Bancorp CEO Quinn to retire

Written by Emily J. Thompson, Senior Investment Analyst

RBKB+0.17%

Updated: Mar 21 2025

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CEO Retirement Announcement: Michael J. Quinn, President and CEO of Rhinebeck Bancorp, will retire after a 40-year career, including 20 years as CEO, during which he significantly expanded the bank's assets and community impact.
Succession Planning: The Board of Directors has begun a search for Quinn's successor, engaging an executive search firm to consider both internal and external candidates, while Quinn will remain in his position until a successor is appointed or by the end of the year.

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Rhinebeck Bancorp, Inc. is a holding company for Rhinebeck Bank (the Bank). The Bank provides a full range of banking and financial services to consumer and commercial customers through approximately 13 branches and one representative office located in Dutchess, Ulster and Orange counties. The Bank’s primary business activity is accepting deposits from the public and using those funds, primarily to originate indirect automobile loans (automobile loans referred to as automobile dealerships), commercial real estate loans (which include multi-family real estate loans and commercial construction loans), commercial business loans and one-to four-family residential real estate loans, and to purchase investment securities. The Bank offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, and others. It also offers alternative delivery channels, including online banking and bill pay.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.