Champlain National Bank opens Saranac Lake branch

Pictured, from left, during the ribbon cutting at the new Champlain National Bank branch at 622 Lake Flower Ave. in Saranac Lake, are Lori Verzillo, Deena McCullough, Renee Darrah, Teresa Sayward, Ray Martin, Peter Paine III, Steven Cacchio, Peter Paine Jr., Rich Shapiro, Bill Kissel, Rebecca Miner and Jackie Hallock. (Photo provided)

SARANAC LAKE — Champlain National Bank President and CEO Steven Cacchio announced a new branch in Saranac Lake is now open for business with a ribbon-cutting ceremony took place on Aug. 22.

Attending the ceremony were bank executives and local leaders, including board Chairman Peter Paine Jr., whose grandfather founded the bank in Essex County in the early 1900s. The Saranac Lake Branch is the bank’s 10th location.

“Since the opening of our branch in Lake Placid, we watched the Saranac Lake community grow and expand,” Cacchio said. “We look forward to further developing our relationships here, and supporting the community.”

“We are the only locally owned and managed bank in Saranac Lake, and being the local bank is at the core of all decisions we make,” Director of Marketing Jackie Hallock said. “We’ve heard from the community that they value supporting local businesses first, and we know they will discover the benefits of banking local by giving us a try.”

The branch is located at 622 Lake Flower Ave. in the Saranac Lake Shopping Center and features a deposit-taking ATM making banking possible at any hour of the day. The full-service office will provide clients with all bank products and services, including business accounts and loans in addition to a robust mortgage offering. Renee Darrah, a Bloomingdale native, will lead the branch team as the vice president and manager.

It will be open from 9 a.m. to 5 p.m. Monday through Friday.

In addition to the Saranac Lake location, it has branches located in Willsboro, Westport, Elizabethtown, Crown Point, Keene, Plattsburgh, Champlain and Lake Placid, and has a full offering of mortgages, commercial loans, and personal and business banking products.