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Home  »  Business Briefs  »  Business Briefs: October 2020
Business Briefs

Business Briefs: October 2020

Posted onOctober 15, 2020October 16, 2020

The Adirondack Trust Co. has again secured a 5-Star rating from BauerFinancial, a bank rating firm.
A five-star rating indicates that the bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 57 consecutive quarters puts Adirondack Trust in the most prestigious bracket as an exceptional performance bank.
BauerFinancial, Inc., based in Coral Gables, Fla., 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.

* * *

The Academy for Lifelong Learning is the recipient of a $3,500 grant from the Stewart’s/Dake Family for COVID-19 relief support. The funds are being used to convert in-person educational classes and social activities to virtual offerings through Zoom.
Twenty classes, most by Zoom, are currently being offered during the Academy’s fall semester and continue through early November. A first-ever winter term is also being planned to start Jan. 11 with registration in November. A spring term will begin in early April. Annual membership through June 30, 2021 is $65. Eight-week classes are offered at $50 and four-week classes are $25.
A.L.L. is sponsored by SUNY Empire State College. Designed to offer lifelong learning and camaraderie among seniors, A.L.L. also offers special interest groups and special events that are held throughout the year.
For more information, contact the Academy office at 518-587-2100 ext. 2390 or go to www.esc.edu/all.

* * *

The 2020 Saratoga Hospital Golf Invitational presented by A.O.W. Associates, Inc. raised $157,552 for the hospital’s nursing scholarship program.
Officials said nursing education is one of the best ways to ensure high-quality patient care and plays a key role in maintaining Magnet recognition for nursing excellence from the American Nurses Credentialing Center, the highest honor an organization can receive for professional nursing practice.
The first in the Capital Region to become a Magnet organization, Saratoga Hospital has maintained the designation since 2004. In August, the hospital earned Magnet recognition for the fourth consecutive time. Approximately 8 percent of U.S. hospitals have been awarded Magnet recognition, and less than 2 percent have earned the distinction four or more times.
Since the scholarship program was launched in 2002, 135 recipients have earned their associate’s, bachelor’s or master’s degree in nursing.
In addition to A.O.W. Associates, major event sponsors include Pepsi Beverages Co., Saratoga National Golf Club, North Country Janitorial, Adirondack Trust Co. and Camelot Print & Copy Center.

* * *

Colden Co., which has an office in Ballston Spa, was named as one of the world’s premier managed service providers on the 2020 annual Channel Futures MSP 501 rankings.
The 2020 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from March 1 through June 30, 2018. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
Colden Co. also placed third in the running for the MSP of the Year Award among all international and domestic competition.
The MSP of the Year award is an award sought after by the 40,000 Managed Services Providers in the U.S. and internationally. The award is based on a combination of criteria including business practices and service offerings. Applicants must show a dedication to keeping current with technology solutions and delivering best-in-class solutions to their customer base.

Previous Article Adirondack Orthodontics Opens Its Fifth Location On Broad Street In Glens Falls
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