GLENS
FALLS NATIONAL BANK NEWS
• July 3, 2009- Glens Falls National Bank and Trust
Company Receives Superior Rating
Glens Falls National Bank & Trust Company has received a
5-Star Superior rating for financial strength and stability from,
BAUERFINANCIAL INC., CORAL CABLES, FLORIDA. The 5-Star Superior
rating is the highest rating attainable from BAUERFINANCIAL (the
Nation’s Bank Rating Firm for over a quarter of a century)
and is based on the overall financial picture of the institution.
Earning a 5-Star Superior rating indicates that Glens Falls National
Bank & Trust Company is one of the strongest banks in the
U.S. In fact, this is the ninth consecutive quarter that Glens
Falls National Bank & Trust Company has earned this highest
honor.
Karen L. Dorway, President of BAUERFINANCIAL, praised the Bank,
“Glens Falls National Bank and Trust Company is an excellent
example of how a community bank serves both its customers and
shareholders. The board of directors, management and staff has
been steadfast in adhering to sound banking principles and standards.”
• April 27, 2009- South Glens Falls Mayor Donohue
Announces Glens Falls National Bank and Trust Company To Sponsor
2009 Holiday Parade
South Glens Falls Mayor Keith Donohue, along with Chairman, President and C.E.O., Tom Hoy of Glens Falls National Bank and Trust Company announced today at a press conference held in the South Glens Falls Village Office, that Glens Falls National Bank will sponsor the 2009 Holiday Parade to be held in November in South Glens Falls.
There is strong support from Glens Falls National Bank’s senior management, employees, Keith Donohue, Mayor of South Glens Falls and South Glens Falls Village employees. Hoy, stated, “We know how important this event is to South Glens Falls and the entire area. We’re very pleased to sponsor the 2009 Holiday Parade and we want to take the steps to ensure its continued success and build on the future of the event.
“Rick Leonelli, Vice President at our Bank will spearhead the Bank’s sponsorship. Rick is a native of South Glens Falls, and has a long-time commitment to the community as a volunteer.”
Donohue commented, “We’re excited about Glens Falls National stepping up to make sure that the Holiday Parade continues in 2009, it is a marquee event that takes place in our Village. It really is an area wide parade that attracts performers and thousands of spectators from all parts of our region.”
Glens Falls National Bank and Trust Company which has been locally headquartered since 1851, has had a banking office in the Village for 43 years. The Bank opened its South Glens Falls Office in 1966 on Route 9.
• April 3, 2009- Glens Falls National Bank & Trust Company in Top Rating
BauerFinancial, Inc., Coral Gables, Florida has announced that Glens Falls National Bank & Trust Company, Glens Falls, New York has earned its highest 5-Star Superior rating for financial strength and stability. BauerFinancial, the Nation’s Bank Rating Firm, has been analyzing and reporting on the nation’s banks for over 25 years. The rating is based on the overall financial picture of the bank, and a 5-Star rating indicates that Glens Falls National Bank & Trust Company is one of the strongest banks in the nation. This is the eighth consecutive quarter that Glens Falls National Bank & Trust Company has earned this highest honor.
“The number of 5-Star rated banks has declined”, comments Karen L. Dorway, president of BauerFinancial, “however, Glens Falls National Bank & Trust Company is an excellent example of traditional, conservative banking. In this new era of ‘back to basics’ thinking, this is exactly what consumers and businesses should be looking for in a bank.”
• February 5, 2009- Glens Falls National
Bank and Trust Company has announced the promotion of Melissa S.
LaFiura to Vice President and Trianing Manager.
Mrs. LaFiura joined the Bank in 1999 as a Training Coordinator.
She was promoted to Training Officer in 2001 and Assistant Vice
President and Training Officer in 2004. She graduated from Minerva
Central School in Olmstedville, New York and earned a Bachelor
of Science Degree in Business Communications from Bryant College
in Rhode Island. She has also completed extensive graduate work
in Professional and Technical Writing at Northeastern University.
• January 23, 2009- Glens Falls
National Bank Employee Receives Award from Empire State College
An awards reception and dinner were held recently honoring Laura
J. Critcher, Marketing Assistant Manager from Glens Falls National
Bank and Trust Company. Ms. Critcher was among four other nontraditional
students from Empire State College at the State University of
New York to receive the first annual, Northeast Center Community
Service Award in recognition for her outstanding service to the
community.
Hosted by Dean Gerald Lorentz and the Northeast Center Alumni
Student Association, student mentors, friends, family and representatives
from charitable organizations joined to celebrate and recognize
the contributions that students make to the communities.
Ms. Critcher currently volunteers her efforts to the Tri-County
United Way, the American Cancer Society, South Glens Falls High
School Dance Marathon and the Hole In One Mini-Golf Tournament
Fundraiser benefiting the Double H Ranch.
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