Rhinebeck Bank names Michael Vitale commercial banking head

Rhinebeck Bank (NASDAQ: RBKB) appointed Michael Vitale as executive vice president and head of commercial banking, according to a company statement.

Vitale will lead the bank's commercial banking division and work with lending teams to expand commercial loan growth while maintaining credit quality. He will also oversee the expansion of treasury management services and relationship-based banking solutions for business clients in the Hudson Valley and surrounding markets.

Vitale brings nearly two decades of commercial banking experience from previous senior leadership roles at Webster Bank, Sterling National Bank, The Westchester Bank and JPMorgan Chase. His background includes commercial lending, relationship management and credit analysis.

He currently serves as a non-board loan committee member of the Leviticus Fund, a community development financial institution that provides financing for projects aimed at improving the lives of low-income individuals in the New York tri-state area.

Vitale earned a bachelor of science in economics and mathematics from Fairfield University and was recognized by the Business Council of Westchester as a 2024 Rising Star, 40 Under 40 honoree.

"Mike is an accomplished commercial banker with deep experience in our markets and a strong reputation for building relationships and developing talented teams," said Matthew Smith, president and chief executive officer of Rhinebeck Bank.

The appointment is part of Rhinebeck Bank's strategy to strengthen its commercial banking capabilities as a component of its long-term growth plans.

You May Also Be Interested In

• Anthropic plans IPO potentially exceeding SpaceX's $86B record - Bloomberg
• Two Binance Employees Detained In The U.A.E. Amid Police Inquiries - NYT
• Zentek wins Canada government HVAC filter contract worth CA$348K