---
schema_version: "secwatch.filing_event.v1"
accession: "0001751783-22-000036"
form_type: "8-K"
ticker: "RBKB"
cik: "0001751783"
company_name: "Rhinebeck Bancorp, Inc."
filed_at: "2022-10-06T23:59:59+00:00"
generated_at: "2026-06-23T05:06:44.085122+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Rhinebeck Bancorp settles with NY DFS over dealer markup claims; no further earnings impact

## Summary
- Bank settled with NYS DFS over claims of statistical differences in dealer markup on indirect auto loans.
- Bank denies allegations but agreed to settle to avoid costly litigation.
- Settlement fully reserved; no further impact on earnings; average refund $133.
- DFS did not find evidence of intentional discrimination; bank asserts dealers, not banks, set markup.

## SEC filing metadata
- accession: 0001751783-22-000036
- form_type: 8-K
- ticker: RBKB
- cik: 0001751783
- company_name: Rhinebeck Bancorp, Inc.
- filed_at: 2022-10-06T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751783/000175178322000036/0001751783-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751783/000175178322000036/rbkb-20221006x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751783-22-000036
- JSON: https://secwatch.observer/filing/0001751783-22-000036.json
- Plain text: https://secwatch.observer/filing/0001751783-22-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.