FINANCIAL_SERVICESAPPROVED

city of Poughkeepsie Awards Financial Services Contract to Rhinebeck Bank (January 2026)

The City Council authorized 2026 debt service payments via Rhinebeck Bank and designated it as an official depository for municipal funds. These approvals support both cash management and repayment of existing debt.

Status
APPROVED
Document date
January 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Rhinebeck Bank
Agency
city of Poughkeepsie · NY

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Calendar year 2026 (debt payments); ongoing as depository until changed
Renewal date
2026-12-31
Renewal
Debt payment authority runs through 2026; depository designation remains in effect until the Council revises the list of banks.
Document type
Agenda
Source document
City of Poughkeepsie Common Council Meeting Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by city of Poughkeepsie?

Rhinebeck Bank was awarded this financial services contract by city of Poughkeepsie, as recorded on January 20, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Poughkeepsie Common Council Meeting Agenda January 2026 (Agenda), dated January 20, 2026 from city of Poughkeepsie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rhinebeck Bank hold?

Rhinebeck Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Rhinebeck Bank's profile

What is city of Poughkeepsie currently buying?

Explore city of Poughkeepsie's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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