Rhinebeck Bank

6414 Montgomery Street
Rhinebeck, NY 12572

Notable Rates APY Vs.Others
Savings 0.15% 2.60% →
1-Year CD 1.61% 2.36% →
2-Year CD 1.92% 2.60% →
5-Year CD 2.27% 2.80% →
30-Year Mortgage 3.53% 3.31% →
15-Year Mortgage 3.18% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Rhinebeck Bank is an FDIC insured institution located in Rhinebeck, NY. It was founded in 1860 and has approximately $0.91 billion in assets. Customers can open an account at one of its 13 branches.

FDIC Insured Yes
FDIC Certificate # 16032
Date Established 1860
Assets $0.91 billion
Loans $0.74 billion
Deposits $0.74 billion
Capital $0.10 billion

For a more detailed analysis of Rhinebeck Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 12, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1 $9,999 Learn MoreShow Less
Money Market
0.20% $10,000 $49,999 Learn MoreShow Less
0.25% $10,000 $99,999 Learn MoreShow Less
1.00% $10,000 $99,999 Learn MoreShow Less
1.61% $10,000 $99,999 Learn MoreShow Less
Special: 13 Mo CD
2.00% $2,000 $9,999 Learn MoreShow Less
1.80% $10,000 $99,999 Learn MoreShow Less
1.92% $10,000 $99,999 Learn MoreShow Less
36 Mo CD
1.97% $10,000 $99,999 Learn MoreShow Less
48 Mo CD
2.02% $10,000 $99,999 Learn MoreShow Less
60 Mo CD
2.27% $10,000 $99,999 Learn MoreShow Less

1.61% $2,000 $9,999 Learn MoreShow Less
Special: 13 Mo FIRA
2.00% $10,000 - Learn MoreShow Less

Loan Rates - November 12, 2019

Your Current Location: Connecticut, CT 06828

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 4.04% 4.04% $738.54
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


Rhinebeck Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Rhinebeck Bank Locations

Financial Details

Rhinebeck Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Rhinebeck Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Rhinebeck Bank U.S. Bank Average
7.36% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Rhinebeck Bank had $6,148,000 in non-current loans and $1,578,000 in owned real estate. To cover these potential losses it had $97,050,000 in equity and $7,858,000 in loans loss reserves. That gives it a Texas Ratio of 7.36%.

Return on Equity
Rhinebeck Bank U.S. Bank Average
5.92% 9.50%

Rhinebeck Bank has a Return on Equity of 5.92% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Rhinebeck Bank U.S. Bank Average
10.63% 12.76%

Rhinebeck Bank has a Capitalization of 10.63% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Rhinebeck Bank Balance Sheet Analysis

As of June 30, 2019, Rhinebeck Bank had assets of $912,929,000, loans of $737,293,000, and deposits of $741,950,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.11 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.74 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.03 billion
     Total Assets $0.82 billion
Total deposits $0.74 billion
      Interest-bearing deposits $0.57 billion
      Deposits held in domestic offices $0.74 billion
      % insured (estimated) 76.14%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.06 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.82 billion
      Shareholders’ Equity $0.10 billion

Summary Income Statement

June 30, 2019
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Rhinebeck Bank’s loan portfolio are Consumer Auto Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in New York, Rhinebeck Bank has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 10.62
Credit Card Loans 0.00
Consumer Auto Loans 43.84
Small Business Loans 8.56
Construction and Development Loans 2.41
Commercial Real Estate 24.80
Commercial and Industrial Loans 15.35
Farm Loans 0.02

Frequently Asked Questions About Rhinebeck Bank

Branches and Savings

Is Rhinebeck Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16032.

Why does Rhinebeck Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Rhinebeck Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Rhinebeck Bank a commercial bank?


Where are Rhinebeck Bank locations?

See branch locations nearby.

Is Rhinebeck Bank open on Saturdays?

Is Rhinebeck Bank open on Sundays?

What time does Rhinebeck Bank open?

What time does Rhinebeck Bank close?

Are Rhinebeck Bank ATMs Open 24/7?

Do Rhinebeck Bank ATMs accept cash deposits?

Can Rhinebeck Bank customers use other ATMs?

Do Rhinebeck Bank branches have notaries?

Will Rhinebeck Bank notarize my document?

What address for Rhinebeck Bank should I put for incoming ACH transfers?

Will the Rhinebeck Bank branch print checks?

Do Rhinebeck Bank checks expire?

Does Rhinebeck Bank require US citizenship to open account?

Can Rhinebeck Bank close my account?

Does Rhinebeck Bank Report to credit bureaus?

Does Rhinebeck Bank Use Equifax?

What is Rhinebeck Bank's ACH Routing Number?

What is Rhinebeck Bank's SWIFT code?


Does Rhinebeck Bank offer mortgages?

Compare mortgage rates here.

Does Rhinebeck Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Rhinebeck Bank offer personal loans?

Compare personal loan rates here.

Does Rhinebeck Bank offer student loans?

Will Rhinebeck Bank cash a check?

Will Rhinebeck Bank redeem a savings bond?

Does Rhinebeck Bank cash savings bonds?

Will Rhinebeck Bank cash money orders?

Can Rhinebeck Bank issue a money order?

Does Rhinebeck Bank do currency exchange?

Background on The Bank

Who owns Rhinebeck Bank?

How long has Rhinebeck Bank been around?

Can Rhinebeck Bank transfer to other banks?

Does Rhinebeck Bank have quick pay?

Does Rhinebeck Bank accept rolled coins?

Will Rhinebeck Bank accept loose change?

Where is Rhinebeck Bank headquarters?

Customer Reviews for Rhinebeck Bank

  • November 26, 2018

    This is a terrible bank. The employees are rude and do not care. The auto lender ratio is very high, which could affect their bottom number. Don’t use this bank, there are other stable banks in the area to choose from.

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