Adirondack Trust Company

Adirondack Trust's 167 full-time employees own the company, which offers banking, loans, and investment services, along with insurance through its Amsure subsidiary.

In 2020, Charlie began running the “family business” as CEO [4] Adirondack Trust was founded in 1901 by New York State Senator Edgar T. Brackett with capital of $100,000 and surplus of $50,000.

[6] Adirondack Trust played a large role in transforming Saratoga Springs from a small "boom and bust" town into a thriving city.

The capsule included newspapers reporting World War I, brochures of nearby Congress Park, the bank's 1902 founding ledger, and a letter from State Senator Edgar T.

The endowment acts as a perpetual source of funding for a broad array of nonprofit organizations that improve the quality of life in the community and to assist them in addressing issues of common concern.

[23] In 2021, the company sponsored the Saratoga Performing Arts Center's virtual exhibit “The 2021 Adirondack Trust Company Festival of Young Artists” Online Gallery, featuring 80 inspiring student creations from the Capital Region's brightest young dancers, musicians, singers, poets, and visual artists.

Finally, the City of Saratoga Springs was compelled under public scrutiny "to amend the City Charter so that municipal funds could be deposited in a variety of banks, not just Adirondack Trust"[25][26] Adirondack Trust Company cooperated in a New York State Department of Financial Services investigation into discriminatory lending practices.

[27] The investigation found that the "Bank's specific policies and practices of allowing automobile dealers to markup a consumer's interest rate without any justification on the basis of objective credit-related factors above the Bank's established risk-based Buy Rate resulted in a disparate impact on the basis of race and national origin that was not justified by legitimate business need".

The Historic Headquarters Building mentioned above, on the corner of Broadway and Church Street in Saratoga Springs, NY, was robbed for the first time in 105 years by a white man claiming to have a weapon.

A knife was used in 2017 by a white man to hold up the branch at the intersection of Route 50/Ballston Ave and Northline Road in the City of Saratoga Springs.