Adirondack Trust Company ‘Continues To Thrive,’ According To Bauerfinancial
Saratoga Springs, New York—The Adirondack Trust Company is pleased to report that it has once again secured a 5-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 58 consecutive quarters puts Adirondack Trust in the most prestigious bracket as an Exceptional
“This rating is impressive in the best of times,” BauerFinancial President Karen Dorway reflected, “but I can’t overstate the strength and prudence that Adirondack Trust Company has exhibited over the past years that got it to this point. And as we begin 2021, we have every reason to believe that ATC will continue to thrive.”
“It is an honor to be recognized by BauerFinancial as an Exceptional Performance Bank,” Adirondack Trust Company President & CEO Charles V. Wait, Jr. said of the achievement. “Having been rated 5 stars for 58 consecutive quarters shows us that we are serving our community in meaningful ways—that we are a trusted pillar.”
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 $1.4 billion in assets and 13 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.
Adirondack Trust Company
Saratoga Springs, NY 12866