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Home  »  Business Briefs  »  Business Briefs – November 2018
Business Briefs

Business Briefs – November 2018

Posted onNovember 8, 2018November 8, 2018

The Adirondack Trust Co. has once again secured a 5-Star rating from BauerFinancial, a bank rating firm. 

Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 49 consecutive quarters, puts the Adirondack Trust Co. in an even higher bracket as an “exceptional performance bank”. 

This title is achieved after successfully earning the top 5-Star rating for 40 consecutive quarters (ten years or longer).

BauerFinancial Inc., based in Coral Gables, Fla., has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983.

***

Colden Co. Inc., an IT Services provider with offices in Ballston Spa, announced the achievement of Microsoft’s Small and Midmarket Cloud Solutions Silver Competency. 

This demonstrates Colden Co.’s expertise in a cloud-first, mobile-first environment. This designation is granted by Microsoft to those partners who are selling and deploying Microsoft Office 365 cloud and hybrid solutions to the small and mid-sized markets.

***

Skidmore College has been recognized in national rankings for excellence in the liberal arts, innovation, student life and more. 

Skidmore recently received dozens of notable accolades, including being ranked No. 41 by U.S. News & World Report in the National Liberal Arts Colleges category of the 2019 Best Colleges rankings released n September. In addition, the publication ranked Skidmore in the top 50 for “Most Innovative Schools,” “High School Counselor Rankings,” “Best Value Schools,” and “Best Undergraduate Teaching.”

Skidmore also appeared on The Princeton Review’s 2019 list of the Best 384 Colleges, announced in August. Skidmore students, through The Princeton Review’s survey, earned Skidmore top 50 positions in the “Best Campus Food,” “Great Financial Aid” and “Best Quality of Life” categories.

For its commitment to sustainability, Skidmore was named a “10 Best Green School in America 2018” by The Knowledge Review magazine in August and a “Top 50 Green College” in 2017.

***

The Mechanicville District Public Library will host a Social Security retirement information program on at 6 p.m. Wednesday, Nov. 14 for pre-retirees wanting to make a more informed claiming decision.

Topics covered include: deciding when to collect benefits; navigating the new Social Security rules; simplifying your claiming strategy, and avoiding critical filing mistakes

The one-hour program titled, “Getting Serious about Social Security” is designed to help people take the guesswork out of preparing for retirement.

The program is offered as a public service by Retirement Solutions LLC. It is open to the public and there is no cost. Advanced registration is required. Call the library at (518) 664-4646.

***

Employees of the Saratoga County Chamber of Commerce participated in a training program in October about the state’s new sexual harassment rules.

The training is required of all employers in New York state who have at least one employee and must be completed by Oct. 9, 2019.

The Chamber also hosted a free online workshop that featured a question-and-answer session on this new law with attorney Michael Billok, of Bond, Schoeneck & King. A video was uploaded to Youtube and was emailed to the Chamber’s more than 2,000 members. The 33-minute video can be seen at www.youtube.com/watch?v=IOmj03RWE_E. 

The new rules apply to all employers in the private, nonprofit and public sectors. Besides current employees, employers must provide a copy of their policy and training to newly hired employees as soon as possible. The goal of this effort is to eliminate sexual harassment in all workplaces.

***

Druthers Brewing, DeCrescente Distributing Co. and Discover Saratoga are sponsoring the Toys for Toga, the sixth annual event to collect holiday gifts for children in need. 

Members of our local communities can donate new, unwrapped toys to help spread holiday cheer. Just look for the cardboard box with a Toys for Toga logo at participating businesses. 

On Dec. 13, all donated toys will be distributed equally among three local  charities: Franklin Community Center, CAPTAIN Community Human Services and  Mechanicville Area Community Services Center.

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