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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.
The Adirondack Company constructed the Adirondack branch between 1865 and 1871. The line started at Saratoga Springs, New York, and ran north to North Creek, New York. [1] The Delaware and Hudson Railway gained control of the line in 1889 and merged the Adirondack Railway in 1902. [2]
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].
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.
Charles S. Fairchild, the first president of New York Trust Company Otto T. Bannard, the company's second president Harvey Dow Gibson, the company's fourth president. On April 3, 1889, the New York Security and Trust Company received its certificate of authorization and was formed with Charles S. Fairchild as the first president and "original capital" of $1,000,000. [2]