Matthew D'Abate. Photo provided.
SARATOGA SPRINGS – Last week, the Adirondack Trust Company announced that it has promoted Matthew D’Abate to President of Amsure, the company’s insurance division, and Senior Vice President of the bank.
The company also promoted Priscilla Petta to Assistant Vice President and Caroline Putman to Assistant Treasurer of the bank.
D’Abate’s predecessor, Gene Quirk, has retired as President of Amsure but will remain with the company as a consultant until the end of the year.
D’Abate joined the company in 1996 and held a variety of retail-banking management positions until 2003, when he began working with Quirk and the newly formed Adirondack Trust Insurance Agency. The insurance agency (now Amsure) has grown to be one of the largest in the Capital District. D’Abate’s most recent role was manager of commercial insurance for Amsure.
D’Abate received his Master of Business Administration from Union College and Bachelor of Arts in Economics from Skidmore College. In addition, he has earned the Certified Insurance Counselor (CIC) designation. He is a current board member of the Saratoga Convention and Tourism Bureau. He has served as a board member and treasurer for the Saratoga Springs Downtown Business Association and Wellspring, as well as an assistant coach for Skidmore College baseball.
Petta joined the Adirondack Trust Company in November of 2010 as a financial analyst in credit analysis. She has held numerous positions in the bank, including Credit Analyst II and Commercial Loan Portfolio Analyst Manager (with her promotion). She is now responsible for managing a team of credit analysts in commercial loans.
Petta has over 23 years of banking experience and holds a B.S. in Management from SUNY Binghamton and an M.B.A. from the University of Notre Dame.
Putman first joined the Adirondack Trust Company in 1982 as a Management Trainee and worked for two years in that position. In 1987 she rejoined the company in data processing before moving to an accounting position until 1993.
In 2014 Putman worked for the company as a senior auditor. Her current position is in the bank’s Wealth Management Group as an IRA administrator.
Putman earned her Bachelor of Arts from Dartmouth College and her MS in Accounting from NYU Stern.
For more information, the bank's website is www.AdirondackTrust.com.