The Adirondack Trust Company proudly announces it is once again a top performer, earning a coveted 5-Star rating from BauerFinancial, the nation’s premier bank rating firm. A five-star rating indicates that this bank excels in areas of capital adequacy, profitability, asset quality and much more. In addition, by earning this top honor for forty-three consecutive quarters in a row, The Adirondack Trust Company has the great honor of being named an “Exceptional Performance Bank” by BauerFinancial.
“The Adirondack Trust Company is a prime example of a community bank excelling at what a community bank was meant to do,” explains Karen L. Dorway, president of BauerFinancial. “It employs locally, thereby having the same personal investment in the community as its customers; it makes decisions locally, often for neighbors and friends; and it focuses on quality as opposed to quantity. That focus has paid off for both The Adirondack Trust Company and for its community.”
Charles V. Wait, Jr., Executive Vice President of The Adirondack Trust Company added, “We are once again honored to be recognized by BauerFinancial as an Exceptional Performance Bank. Since our founding in 1901, we have fervently committed ourselves to providing a sound financial institution for the well-being of our community.”
BauerFinancial, Inc., based in Coral Gables, Florida, 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.