{"id":30179,"date":"2017-09-11T08:34:15","date_gmt":"2017-09-11T12:34:15","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=30179"},"modified":"2017-09-11T08:34:15","modified_gmt":"2017-09-11T12:34:15","slug":"sutton-tarantino-insurance-will-purchased-adirondack-trust-company","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2017\/09\/sutton-tarantino-insurance-will-purchased-adirondack-trust-company\/","title":{"rendered":"Sutton And Tarantino Insurance Will Be Purchased By The Adirondack Trust Company"},"content":{"rendered":"
The Adirondack Trust Co. has signed a letter of intent to purchase the assets of the Sutton and Tarantino Insurance Agency, an independent agency based in Saratoga Springs with a satellite office in Ballston Spa.\u00a0<\/span><\/p>\n The transaction is expected to close by Jan, 1, officials said.<\/span><\/p>\n In addition to its banking operations, Adirondack Trust Co. operates two insurance divisions, the Adirondack Trust Insurance Agency in Saratoga Springs, and Amsure, based in Colonie.\u00a0<\/span><\/p>\n Sutton and Tarantino is recognized as a respected insurance agency which has represented individuals, families and businesses in the Saratoga County community since 1955, bank officials said.\u00a0<\/span><\/p>\n \u201cI am looking forward to having my entire team of insurance professionals join the highly skilled insurance staff at the Adirondack Trust Insurance Agency,\u201d said Rod J. Sutton, owner of the agency.<\/span><\/p>\n \u201cOur organizations\u2019 shared cultures, values and commitment to superior customer service prove to be a natural and exciting fit for the future. We look forward to offering our clients a broader variety of financial services on a local, independent and personal basis,\u201d he said. \u201cOur combined entities will offer our individual and business clients the most competitive, comprehensive and independently developed insurance options available in the marketplace.\u201d <\/span><\/p>\n \u201cWith this letter of intent to purchase the Sutton and Tarantino Insurance Agency we are very pleased to enhance Adirondack Trust\u2019s tradition of excellence,\u201d said Charles V. Wait, chairman of the Adirondack Trust Co. \u201cRod and his staff have provided invaluable insurance services to countless individuals and businesses for over 60 years.\u00a0<\/span><\/p>\n \u201cCoupled with the strength of the Adirondack Trust Insurance Agency, our combined depth and knowledge of personal and business insurance services is unmatched in this area. We are committed to providing our core values of service, stability, safety and sound advice to all of the Sutton & Tarantino clients.\u201d<\/span><\/p>\n Over the last 17 years, the Adirondack Trust Co. has acquired Wise Financial Group of Saratoga Springs, Round Lake Company of Malta, Client\u2019s First of Ballston Lake, and Amsure Associates of Albany. The combined entity is one of the largest insurance agencies in the Capital Region based on annual revenue, officials said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" The Adirondack Trust Co. has signed a letter of intent to purchase the assets of the Sutton and Tarantino Insurance Agency, an independent agency based in Saratoga Springs with a satellite office in Ballston Spa.\u00a0 The transaction is expected to close by Jan, 1, officials said. In addition to its banking operations, Adirondack Trust Co. […]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-30179","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"\r\n