LATHAM, N.Y. (June 10, 2019) — Saratoga National Bank and Trust Company is pleased to announce plans for further growth in the Capital Region with a new Latham branch. This marks the bank’s 12th location and its second in Albany County.
The bank intends to establish an office in the heart of the Capital District at 545 Troy Schenectady Road. Centrally located between Albany, Schenectady and Troy, the office will be situated right off Exit 6 of I-87 and Latham Circle. Pending all regulatory approvals, it is expected to open in early 2020.
The 2,280-square-foot location will offer convenient access from the nearby shopping district, a full range of financial services and will feature a modern design combined with state-of-the-art technology to meet customers’ evolving needs. The bank will add three new team members, and will also serve as a hub for corporate lending, wealth management and insurance services.
Since 2013, Saratoga National Bank has focused on new-branch growth with expansion into Albany, Schenectady, Rensselaer and Southern Saratoga counties. In April, the bank opened its 11th location in Rotterdam.
President and CEO David S. DeMarco said this latest branch strategically expands the bank’s Capital Region presence.
“We see great opportunity in Latham and we look forward to building strong relationships with businesses and residents here,” he said. “Throughout our expansion, we have remained committed to our style of community banking — combining convenience with our knowledgeable and personalized service. We are excited to be part of the Latham community and contribute to its vitality.”
Part of the Arrow family of companies, Saratoga National Bank provides banking, wealth management and insurance through 11 locations across the Capital Region. Saratoga National Bank is rated a 5-Star Superior institution by BauerFinancial.