Displaying items by tag: Adirondack Trust

Friday, 30 April 2021 09:46

Banking Resources Your Small Business Needs

As a small business owner, having the right tools and resources is crucial for stability, growth and continued success. The same is true with your company’s banking relationship. When you partner with a financial institution, you want as much value and support as possible — both financially and strategically. Finding a community banking partner that serves your complete small business needs is vital. Let’s examine what challenges exist for small business resources and what a small business owner like you can do to best access financial support, such as lending and business credit, provided by financial institutions.

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Published in Business

SARATOGA SPRINGS — The official First Edition City of Saratoga Springs Monopoly game was released this week, featuring beloved businesses, destinations and attractions that make the area unique. 

The Hasbro-produced classic Monopoly game is completely customized to celebrate the City of Saratoga Springs. Created by the Adirondack Trust Company Community Fund (ATCCF), 100% of the proceeds from game sales will go directly to ATCCF’s Lend-A-Hand Grant program. The program puts dollars in the hands of nonprofits that impact the communities in Saratoga, Warren and Washington counties.

Leah Ferrone, Marketing Operations and Outreach manager at ATC, says everyone who has grown up, lived, moved or studied in Saratoga can relate to this customized board. 

“The whole board is completely customized, from the tokens to different real estate properties and the photographs that are on the board. But I think one of the things that make it so special and unique are the ‘Community Chest’ and ‘Chance’ cards. For our board, we reference something unique in Saratoga on every card,” Ferrone said. “Whether you come to Saratoga for what you love—the track,  SPAC, the healing aspects of the waters—there is something in those cards that everyone can relate to that will bring up a really fun memory of Saratoga.”

Each board costs $50 and references Congress Park, the Saratoga County Fair, being a Blue Streak, and even attending Skidmore. This isn’t the first time Saratoga was featured on a Monopoly game board. In the early 1980’s, a custom game board called Saratogaopoly was created. Photos reveal the collectors box saying “a portion of the proceeds to benefit the Saratoga Hospital Foundation.”

The creation of the new game board started in February and was created with help from the Saratoga County Chamber of Commerce in partnership with the Cooley Group in Rochester, NY. 

“When we heard about all of the success the game could have, we knew it would be a lot of work, but it would be a once-in-a-lifetime opportunity,” Ferrone said.

ATCCF Chair Brian Straughter said in a release: “at a time when local nonprofits need our support more than ever, we are thrilled to introduce the City of Saratoga Springs Monopoly game as a way to not only create memories with your loved ones, but to also give back to the community. This game has been made possible through the support of local community members, many of which are featured on the game board. We are proud to share this project with all Saratoga Springs enthusiasts.” 

There is only a limited quantity of games, and sales will last until they are sold out. However, Ferrone said they have the ability to order a second edition depending on demand. 

“We wanted to announce the game though a big launch party, but the world had different plans. While it’s not how we envisioned it, this is a really special time to be putting this out there. The game celebrates the community and brings us together…this is something that will bring joy to people,” Ferrone said.

The local retailers who will be selling the game includes: Allerdice Building Supplies, Cudney’s Cleaners, Dark Horse Mercantile, Hampton Inn & Suites Saratoga Springs, Homewood Suites by Hilton Saratoga Springs, Impressions of Saratoga, Northshire Bookstore Saratoga Springs, PJ’s BBQSA, Putnam Market, Saratoga Hospital, Spoken Boutique, and all Adirondack Trust Company convenient branch locations. Games also may be purchased online at SaratogaSpringsMonopoly.org. 

ATCCF’s website is ATCCF.org and is located at 31 Church Street. They can be reached at 518-584-5844.

Published in News

SARATOGA SPRINGS — The Adirondack Trust Company announced it has secured a five-star rating from BAUERFINANCIAL, the Nation’s Premier Bank Rating Firm. 

A five-star rating indicates that the bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 55 consecutive quarters puts Adirondack Trust in the most prestigious bracket as an Exceptional Performance Bank.

“I am often asked what it takes to be a 5-Star bank,” BAUERFINANCIAL President Karen Dorway said. “Like so many other things in life, success in banking boils down to knowledge. Knowledge of banking, of course, but knowledge of its customers and the communities the bank serves are equally important. This intimacy enables the bank to steer clear of danger and work with customers for a common goal. It’s what gets so many community banks, like Adirondack Trust, through the tough times unscathed.”

“We are pleased to continue to be honored by BAUERFINANCIAL as an Exceptional Performance Bank,” Adirondack Trust Company President & CEO Charles V. Wait, Jr. said of the achievement. “We are focused on maintaining a very strong balance sheet and our strong financial discipline has helped us to achieve this honor. We are grateful for the support we’ve received from our customers and our communities since our founding in 1901.”

BAUERFINANCIAL, Inc., based in Coral Gables, Fla., is the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt-out of a BAUERFINANCIAL rating. Star ratings are all available for free at bauerfinancial.com.

Published in Business
Thursday, 03 May 2018 17:07

Wesley Foundation Sets Annual Gala

SARATOGA SPRINGS – The Wesley Foundation, the philanthropic arm of The Wesley Community, will host its annual gala at the Saratoga Golf and Polo Club from 6 to 10 p.m. on Saturday, May 19.

The theme of this year’s event is “An Evening In Spain,” inviting attendees to enjoy a night filled with the style, culture and cuisine of the European country.

The primary sponsor of this year’s gala is the Adirondack Trust Company. It recently presented a $10,500 donation to the Wesley Foundation in support of its 2018 special events, all of which are dedicated to raising funds for the renovation of the Resident Activities Room.

The Resident Activities Room serves as a social hub for Wesley residents, and provides a venue for performances, religious services and other social gatherings.

The Saratoga Golf and Polo Club is located at 301 Church Street in Saratoga Springs.

Tickets are $125 per person or $200 per couple. Reservations are required and can be made by phone at 518-691-1420 or at www.thewesleycommunity.org/gala.

Published in News
Thursday, 01 June 2017 13:44

Adirondack Trust Community Shred Day

SARATOGA SPRINGS — Officials at The Adirondack Trust Company (ATC) have announced that they will be bringing their Community Shred Day to the North Country.

The Adirondack Trust Co. will partner with the Adirondack Regional Chamber of Commerce to host a personal document-shredding day that is open to the public on Saturday, June 3. The event will take place from 1:30 p.m. to 3:30 p.m. at ATC’s office located at 376 Bay Road, Queensbury.

Individuals are welcome to bring their personal papers for confidential destruction. Items that will be accepted for shredding include sensitive papers (white or color), carbon paper, file folders, old checkbooks, bank statements, expired credit cards or debit cards, and plastic ID cards.

Paper items with staples and/or paperclips will be accepted. Staples and paperclips do not need to be removed prior to shredding.

This service is intended for individuals, and will have a two-box limit for each person.

For more information regarding the Adirondack Trust Co. Shred Day, please visit www.info.AdirondackTrust.com/ShredDay

Published in Business

SARATOGA SPRINGS — The Adirondack Trust Company (ATC) announced that it has launched ATC Free Student Checking, the newest deposit product designed to help students reach their financial goals while developing basic money-management skills.

The ATC Free Student Checking account is available to those aged 13 to 23 and will require those under the age of 18 to have a parent/guardian listed on the account. It is tailored to keep track of their money anytime, anywhere by using the bank’s WebWise Online Banking Services or a Mobile Banking app, as well as accessing their account at any Adirondack Trust branch and ATM.

The checking accounts have no minimum balance requirements, no monthly maintenance fees, and offer refunds of up to four ATM surcharges monthly (or $15) from machines that are not operated by Adirondack Trust.

For more information, visit the website www.adirondacktrust.com.

 

Published in Business

SARATOGA SPRINGS — The Wesley Foundation, the philanthropic arm of The Wesley Community, will host its annual gala at the Saratoga Golf and Polo Club on Saturday, May 20 from 6 to 10 p.m.

The theme of this year’s event is “Bond Style,” which will invite attendees to enjoy an evening filled with the style and suspense synonymous with classic James Bond films.

The presenting sponsor of this year’s gala is The Adirondack Trust Company, which recently presented a $10,500 donation to The Wesley Foundation in support of its 2017 special events, all of which are dedicated to raising funds for the renovation of the Resident Activities Room.

Several luxury vehicles in line with the Bond theme will be on display, including a high-end motorcycle courtesy of Seymour’s Motorized Sports, and a high-speed jet boat, courtesy of Alpin Haus.

Tickets are $125 per person or $200 per couple.

Reservations are required and can be made by phone at 518-691-1420 or at www.thewesley-community.org/gala

The Saratoga Golf and Polo Club is located at 301 Church Street in Saratoga Springs. 

Published in Business
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  • Saratoga County Court  Sara N. Babinski, 35, of Schuylerville, pleaded April 11 to DWAI, a felony, charged January 20 in Saratoga Springs. Sentencing June 20.  Jose A. Guity, 25, of The Bronx, pleaded April 12 to attempted criminal possession of a weapon in the second-degree, a felony, charged Feb. 23 in Saratoga Springs, and attempted assault in the second-degree, a felony, charged Feb. 24 in Milton. Sentencing June 28.  Jacob Saunders, 21, of Malta, was sentenced April 12 to 1 year incarceration, after pleading to aggravated family offense, a felony, charged August 2023 in Malta.  Kevin N. Loy, 37, of Halfmoon,…

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