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Glens Falls lures banking interests.
- Article from:
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Times Union (Albany, NY)
- Article date:
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June 24, 2007
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Copyright informationCOPYRIGHT 2007 Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Chris Churchill
Jun. 24--GLENS FALLS -- TD Banknorth's loss is proving to be a gain for two banks with branches in the Capital Region.
NBT Bank, out of Norwich, and Saratoga Springs-based Adirondack Trust Co. have both announced plans to grow in Glens Falls -- with former TD Banknorth employees leading the expansion.
TD Banknorth is a Maine-based bank that in March announced it would close 24 branches, including three in New York, and eliminate 400 jobs.
Among the jobs cut was one belonging to Daniel Burke, president of the bank's upstate New York operations.
But Burke has been hired by NBT Bank, and he has been charged with growing the bank's ...
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