By Debra Verni, Esq.
The Adirondack Trust Co. celebrated its 100 year anniversary at its main office on Broadway in Saratoga Springs on June 28 by opening a time capsule that had been placed inside a portion of the structure upon its construction.
It was placed there by state Sen. Edgar T. Brackett, the bank’s founder, in June 1916.
The event at 473 Broadway also featured the placing of a new time capsule by Charles V. Wait, chairman and CEO of the bank, to be opened in June 2116. A reception followed in the main office lobby.
“We are very excited to be able to share this day with our fellow community members who have supported ATC for over 100 years. Saratoga Springs has a rich history and we are proud to be a part of it as a community partner,” said Charles V. Wait Jr., executive vice president.
Bank officials said it took three days to extract the time capsule. It was expected to be quick, but getting through to the capsule took some additional work.
It contained a list of employees with their signatures. There was also a list of board of directors members, some currency, a charter of the village of Saratoga Springs from the 1800s, copies of The Saratogian newspaper from both the 1800s and 1916, a letter from the bank president and a handwritten statement.
In the new capsule is a city vistor's guide, Saratoga national historic coins, modern copies of The Saratogian and a digital copy of a statement by current bank officials.
Adirondack Trust Co. 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 billion in assets and twelve branch offices.
It offers banking, trust, insurance, and investment 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