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473 Broadway
Saratoga Springs, NY 12866

The Adirondack Trust Company is headquartered in Saratoga Springs and is the 44th largest bank in the state of New York. It is also the 680th largest bank in the nation. It was established in 1901 and as of June of 2014, it had grown to 236 employees at 12 locations. The Adirondack Trust Company's savings rates are 92% higher than the national average, and it has a B+ health rating.

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Reviews (4)

Rate Lowered Dramatically Back In February Of 2013

The rate was lowered in a dramatic fashion from 3% to 1% apy. The fee being charged still remains at $2 per month.  

Knowledgeable And Responsive Customer Care

Since 2010 I've received excellent service from AT.

Secure mail via their web site or phone calls to the main 800 number receive prompt attention by local branch staff who are friendly and knowledgeable.

Remote deposit via the web or ap works well.

Now Charging Fees.

New HSA Service Fee At Adirondack Effective 10/1/2011

Just a heads-up everybody: I was trying to move my HSA from Connexus Credit Union (advertised rate of 2% APY only applies to balances over $15,000, and I just opened my first ever HSA as you may know the amount allowed to contribute per year is $3,050.00) to Adirondack whose rate dropped from 5% to 3%APY which is double of what I am earning at Connexus.

And then I saw the following statement on Adirondack website:

Effective October 1st 2011 the following fees will apply:
$25.00 enrollment fee $4.00 monthly service fee. No other details are provided as far as conditions to have the monthly fee waived. I need to call and find out, but I have a feeling that they think they can adopt these fees because of the higher rate available nationwide.


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 The Adirondack Trust Company had $9.24 million in non-current loans and owned real-estate with $120.31 million in equity and loan loss allowances on hand to cover it. This gives The Adirondack Trust Company a Texas Ratio of 7.68% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for The Adirondack Trust Company decreased slightly from 8.62% as of June 30, 2013 to 7.68% as of June 30, 2014, resulting in a positive change of 10.90%.This indicates that the balance sheet and financial strength for The Adirondack Trust Company has improved slightly in recent periods.

Deposit Growth


In the past year, The Adirondack Trust Company has decreased its total deposits by -$24.65 million, resulting in -2.81% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Adirondack Trust Company has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Adirondack Trust Company has $988.23 million in assets with $120.31 million in equity, resulting in a capitalization level of 12.17%, which is excellent.

Institution Statistics

FDIC Certificate #660
Year Established1901
Primary RegulatorFED
Assets and Liabilities
Assets$988.23 million
Loans$599.69 million
Deposits$853.32 million
Equity Capital$111.24 million
Loan Loss Allowance$9.07 million
Unbacked Noncurrent Loans$6.24 million
Real Estate Owned$3.00 million
Historic Data - June 2013
Assets$1.00 billion
Equity Capital$103.50 million
Loan Loss Allowance$8.94 million
Unbacked Noncurrent Loans$6.24 million
Real Estate Owned$3.22 million
Profit Margin - Quarterly
Return on Assets0.73%
Return on Equity6.6%
Interest Income$13.94 million

Always verify rates and promotions with the bank or credit union. We are not The Adirondack Trust Company, we are a rate comparison website and can not provide official rates or promotions.

The Adirondack Trust Company Savings Account Rates

1.00%--Health Savings Account
0.10%--Regular Passbook
0.10%--Golden Passbook
0.10%--Statement Savings

The Adirondack Trust Company Money Market Rates

0.25%$200k-High Peaks Tiered Money Market
0.25%$500k-Corporate High Peaks Tiered Money Market
0.10%$2,500-Money Market (MMDA)
0.10%--High Yield Money Market

The Adirondack Trust Company Checking Account Rates

0.05%--NOW Account

The Adirondack Trust Company CD Rates

0.50%$500-3 Year CD
0.35%$500-2 Year CD
0.20%$500-1 Year CD
0.15%$500-182 Day CD
0.10%$500-7 Day CD
0.10%$500-32 Day CD
0.10%$500-91 Day CD

The Adirondack Trust Company IRA Rates

0.50%$500-3 Year IRA
0.35%$500-2 Year IRA
0.20%$500-1 Year IRA
0.15%$500-182 Day IRA
0.10%$500-91 Day IRA

The Adirondack Trust Company has 12 locations. Click to view all The Adirondack Trust Company locations.