ADIRONDACK TRUST : 'A SOURCE OF SECURITY'

Saratoga Springs, New York-The Adirondack Trust Company is pleased to report that it has once again secured a 5-Star rating from for financial strength and stability from BauerFinancial, the Nation's premier bank rating firm. Having earned Bauer's 5-Star rating continuously for 71 quarters, Adirondack Trust has also earned an even higher assignment as an Exceptional Performance Bank. This designation is reserved solely for banks that have earned this top rating for 10 years consecutively (40 consecutive quarters) or longer. This latest rating was assigned in March 2024, based on December 31, 2023, financial data and signifies that Adirondack Trust continues to be one of the strongest banks in the nation.

Bauer rates every federally insured U.S. chartered bank with the same strict standards and reports that Adirondack Trust continues to earn its top rating.

"It gives me great pleasure to announce that there are still banks, like Adirondack Trust, that continue to provide a sense of security in this insecure world," remarked BauerFinancial President Karen Dorway. "Friends and neighbors of ATC probably already know this. They have the privilege of having a true community bank that sticks to common-sense banking values, right in their community. It's important to let those who might not be aware, know that they have the strength of a 5-Star bank right in their midst."

"We've been in this community for 123 years," said Adirondack Trust President and CEO Charles V. Wait, Jr. "We've seen the area grow and flourish. And throughout all the changes, we've stood strong, not wavering in our core values of serving those who make this area home. We're proud to be recognized by BauerFinancial for this stability."

Adirondack Trust has been a dedicated banking partner for the community for 123 years. Making connections and supporting this community is its strength, and what it has done since 1901. Being rated 5-Stars by Bauer shows confidence that Adirondack Trust has the financial strength to continue to do so.

BauerFinancial, Inc., based in Coral Gables, Fla., is the nation's leading independent bank and credit union rating and research firm, 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. Star ratings are all available for free at bauerfinancial.com.

The Adirondack Trust Company is an independent, locally owned and operated, community bank offering a wide variety of business and personal financial services. The Bank has more than $1.6 billion in assets and 13 branch offices. The Bank offers banking, trust, insurance, and wealth 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.