Saratoga Springs, New York—Adirondack Trust Company is proud to start 2025 with its 74th consecutive quarter of BauerFinancial’s prestigious 5-Star Superior rating—a testament to the Bank's unwavering commitment to financial strength and community support.
This remarkable milestone underscores the Bank’s consistent performance across critical financial metrics, including capital strength, loan quality, and profitability. The 5-Star Superior rating represents more than just a numerical achievement; it reflects Adirondack Trust's strategic approach to community banking and its deep-rooted commitment to local economic vitality.
“Our success isn’t just about numbers,” Adirondack Trust President and CEO Charles V. Wait, Jr., said. “It’s about the relationships we’ve built, the local businesses we’ve supported, and the families we’ve helped achieve their financial dreams. This 5-Star rating reflects our dedication to being more than just a bank—we’re your community partner.”
This achievement elevates Adirondack Trust to “Exceptional Performance Bank” status, an honor reserved for institutions demonstrating consistent excellence, maintaining a 5-Star rating for 10 years (40 consecutive quarters) or longer. This recognition places the Bank among an elite group of financial institutions nationwide that have proven their resilience and commitment to financial excellence.
“Local decisions, responsive service, and dedication to making the community a better place to live: These are the hallmarks of community banks, like Adirondack Trust,” BauerFinancial President Karen L. Dorway added. “Understanding what the community needs—and providing the financial support tailored to those needs—is what community banking is all about. We at Bauer are never surprised, but always pleased, when community banks, ATC included, are also at the top of their own financial game.”
The Bank’s consistent performance comes at a time of significant economic challenges, highlighting its robust financial management and strategic planning. By maintaining strong capital reserves, managing loan portfolios with precision, and staying attuned to local economic needs, Adirondack Trust has demonstrated an exceptional ability to navigate complex financial landscapes.
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.
The Adirondack Trust Company is an independent, locally owned and operated, community bank offering a wide variety of business and personal financial services. The Bank has more than $1.6 billion in assets and 12 branch offices. The Bank offers banking, trust, insurance, and wealth management services, and originates real estate mortgages, both residential and commercial, and commercial business loans throughout its primary market area. The Bank is a Bauer 5-Star Rated Superior bank. The Bank’s website is AdirondackTrust.com.