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Adirondack Trust was founded in 1901 by New York State Senator Edgar T. Brackett with capital of $100,000 and surplus of $50,000. [5] The bank officially opened its doors on January 2, 1902, at the Westcott Building, a three-story brick building on Broadway in Saratoga Springs, the same location where the bank stands today.
Adirondack Trust Company Building, 473 Broadway. This is a marble-faced 1916 Beaux-Arts bank building by Alfred Hopkins featuring Tiffany bronze doors and chandeliers. All the decoration inside and out has Adirondack themes. [2] S.W. Ainsworth Building, 456–70 Broadway. Ornate High Victorian brick three-story commercial block with pediment ...
English: The Adirondack Trust Co, Buildingl located at 473 Broadway in Saratoga Springs, New York, was built in 1916 and was designed by Alfred Hopkins in the Beaux-Arts style. It features bronze doors and chandeliers designed by Tiffany.
Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. [1] It operated independently until 2000, when it was acquired by Charles Schwab, and Co. [2] and subsequently sold to, and became a subsidiary of, Bank of America in 2007. [3]
In 1889 Brackett was a founder, with Sidney Rickard and George F. Harvey, of the G.F. Harvey Company, a pharmaceutical manufacturer in Saratoga Springs, and was a director of the company. In 1901, Edgar Brackett founded the Adirondack Trust Company and remained as president until his death in 1924.
On February 17, 1902, the first trust company was chartered in Schenectady, formed through the purchase of the assets of the Schenectady Bank (c. 1832). As the credit union for General Electric Corporation, Schenectady Trust Company opened for business on June 9, 1902, with 11 employees, and initial deposits of $762,578.11 [citation needed].
Main menu. move to sidebar hide. Navigation ... Banks based in New York City (11 C, 89 P) ... Adirondack Trust Company;
On April 12, 1905, it was reported that the City Trust, the North American Trust, and the Trust Company of America were merging in the near future, in what the Times called "the most important trust company consolidation of recent years." It was announced the new company would be named the Trust Company of America, with capital of $2 million, a ...