Ballston Spa National Bank announced
plans to expand its footprint into Albany
County with a new branch office to be
located at 1207 Troy-Schenectady Road,
Latham.
The Saratoga County-based bank will
lease space from First Columbia in a newly
announced mixed-use building at Riverhill
Center, an office park east of the Niskayuna
town line.
BSNB currently operates 10 branches
in Saratoga County and reported assets of
more than $400 million as of September 30.
Bank officials said that pending federal
approval of the new location, the branch
will feature efficient, state-of-the-art commercial
banking services and is expected
to open this spring.
It will have multiple ATM lanes in addition
to lobby service. One ATM will be
designated for fast-cash dispensing, while
a second lane will also provide the ability
to deposit cash and checks.
Officials said the branch will feature a
modern design and contemporary appeal,
with flexible meeting spaces providing
customers with access to the bank’s commercial
banking, mortgage lending, and
trust and investment experts. For customers
wishing to access accounts remotely, the
branch will provide access to BSNB’s online
and mobile banking channels.
In support of its goal to develop new relationships in the business and professional
community, the new Latham branch
will be the first BSNB banking center with
emphasis on commercial banking services,
officials said. The staff will consist of
professionals with expertise in customer
service, commercial lending, online cash
management, remote deposit capture and
commercial deposit services.
“Given our plans for continued growth
and the economic opportunities within
Albany County, we are very excited to
open a new branch in Latham”, said BSNB
President and CEO Christopher R. Dowd.
“While this location marks our first branch
outside of Saratoga County, we’ve been
serving business customers in the Albany
market for many years and know the community
through our membership in the
regional chamber of commerce and through
additional long-standing relationships.
This new office will combine the best in
personal service and customer convenience
with an emphasis on our business banking
capabilities.”
Established in 1838, BSNB celebrates more
than 175 years of community banking. It offers
a wide range of products and services
to individuals, families, municipalities, nonprofits
and businesses through ten banking
offices located in Ballston Spa, Milton, Galway,
Stillwater, Burnt Hills, Clifton Park, Malta, Greenfield Center and Wilton.