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Charles Wait
Vice President - Legal and Regulation at The Adirondack Trust Company
Charles V. Wait, Jr. is the Chairman of the Board at The Adirondack Trust Company, a role he has held since 1989. He has been instrumental in the bank's growth and community engagement throughout his tenure.
Background and Career
- Early Career: Charles Wait joined The Adirondack Trust Company in 1974 and has since held various positions, including Director and President before becoming Chairman.
- Leadership Roles: He was appointed as President and CEO of the bank in 2020, succeeding Stephan R. von Schenk. Under his leadership, the bank has focused on community support and sustainable growth.134
Contributions to the Community
Charles Wait emphasizes the importance of community in banking, stating that a financial institution serves three key communities: its stockholders, employees, and the local population it serves. He advocates for honesty, fairness, and respect in business dealings, reflecting values passed down from his family.12
Education
Charles V. Wait, Jr. holds a Juris Doctor degree from NYU School of Law, which he earned after beginning his legal studies at St. John's University School of Law.5
In summary, Charles V. Wait, Jr.'s leadership at The Adirondack Trust Company reflects a commitment to both financial integrity and community service, making him a significant figure in regional banking.