Sunday, February 7, 2010

Adirondack Trust Begins Construction of New Queensbury Branch


The Adirondack Trust Company has announced that it is has begun construction of a new office in Queensbury, NY. The new branch is located at 376 Bay Road, ¼ mile north of Bay Rd.'s intersection with Quaker Road. The new branch is expected to open this July and will bring the total number of Adirondack Trust branches to eleven.

The new branch will be approximately 2,600 square feet and will have two drive-up lanes, a drive-up ATM and safe deposit boxes along with teller and customer services areas. The office will offer the full array of financial services including retail and commercial banking as well as trust and investment services. The bank also provides personal and business insurance through its affiliate, Adirondack Trust Insurance.

Commenting on the new location, Kathie Duncan President of the North Country Region, “As a locally owned and managed bank we are excited to begin construction of our new branch. We look forward to bringing our brand of banking to Queensbury and to supporting the businesses and non-profit organizations throughout the community. This new branch will help strengthen our presence in the North County Region and will complement the services we offer at our existing branch located at 24 Maple St. in the City of Glens Falls. This expansion is evidence of our continued commitment to, and confidence in, this region.”

The Queensbury Branch will be managed by Patricia Hudson, Assistant Treasurer at The Adirondack Trust Company who has extensive banking experience in the Glens Falls area; three or four additional staff will be hired. The new facility will include offices for Mrs. Duncan as well as Michael Murray, Assistant Vice President and Commercial Loan Officer of The Adirondack Trust Company.

Founded in 1901 in Saratoga Springs, The Adirondack Trust Company is an independent, employee and locally owned and operated, community bank offering a wide variety of business and personal services. The bank has $870 million in assets and ten branches. The Adirondack Trust Company is rated by Bauer Financial as a 5-Star bank for the period ending December 31, 2009. The bank offers trust, insurance and investment services and originates real estate mortgages, both residential and commercial, and commercial business loans throughout its market area. The bank's website is http://www.adirondacktrust.com/

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