Its first president was Solomon Southwick, the newspaper publisher and political figure who was a principal organizer of the Anti-Masonic Party.
Worth, who served as cashier (later becoming president of City National Bank).
[4] Between 1874 and 1875, the Mechanics' and Farmers' Bank building, designed by Russell Sturgis,[5] was built at State and James Streets in Albany.
[11] Under the plan, each share of Mechanics' and Farmers' would be exchanged for one quarter of a share in the holding company, plus $67.50 principal amount of 6 and a quarter per cent convertible debentures (which would be convertible into holding company common stock at the rate of one share for every $75 worth of debentures held).
[12] In 1855, the Mechanics' and Farmers' Savings Bank was incorporated with Thomas W. Olcott as the first president.
[18] Like the earlier bank, upon Olcott's 1880 death, his son Dudley became president.