SARATOGA SPRINGS – Saratoga National Bank and Trust Company is pleased to announce plans for a ninth location in the city of Troy.
The Bank is leasing a 1,200-square-foot space at 120 Hoosick Street in the Hudson River Commons Plaza, and will be a co-tenant with a new Starbucks coffee shop. This new banking office will feature a full range of financial services as well as a lobby and drive-up services. Pending all regulatory approvals, it is expected to open later this year and will result in four new positions, including a manager, two tellers and a commercial lender.
The Troy Office is Saratoga National Bank’s third new location in three years and its first in Rensselaer County. Last year the Bank expanded to Colonie, and before that to Clifton Park.
President and CEO David S. DeMarco said this expansion represents a commitment to serving the Capital Region and growing beyond its Saratoga County roots.
“A Troy branch will further establish our presence in the growing Capital Region,” DeMarco said. “Our style of true community banking has been well-received in Colonie and Clifton Park, and we are excited to deliver it to the residents and businesses of Rensselaer County.”
Saratoga National Bank and Trust Company currently provides banking, investment, insurance and other financial services through eight locations in Saratoga and Albany counties. It is rated a 5-Star Superior institution by BauerFinancial. More information can be found online at saratoganational.com.