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Local News

July 7, 2013

Business briefs: July 7, 2013

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It will also offer an opportunity for community members to learn more about physical-therapy services that are now offered at Smith House. A physical therapist is available five days each week to assist those recovering from injury or others requiring therapy and strength training post-surgery.

Smith House was purchased by Elizabethtown Community Hospital in the fall of 2012. Call Jane Hooper at 873-3003 for more information.

Rating earned

WILLSBORO — BauerFinancial Inc., an independent bank-research firm, has awarded Champlain National Bank its highest rating of 5 Stars. This rating indicates that BauerFinancial considers Champlain National Bank to be a superior institution. With this rating, BauerFinancial has placed Champlain National Bank on its Recommended Report.

In determining its ratings, BauerFinancial used financial data that was reported to federal regulators from banks and credit unions across the country. Information used included the capital level of the institution, regulatory compliance, reserves, profitability, historical trends, loan delinquencies, repossessed assets, proposed regulations and asset quality.

“The Board of Directors and I are proud to receive this superior rating,” President and CEO Joseph Shaw said. “The entire staff at Champlain National Bank works hard to ensure the bank stays financially sound and offers our community not only a local choice, but one that comes highly recommended.”

BauerFinancial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983, and no institution can pay to be rated or choose to be excluded.

Champlain National Bank, headquartered in Willsboro, was founded in 1909 and has nine branches throughout Clinton and Essex counties.

Business mixer

LAKE PLACID — Happy Campers Play Cafe located at 1991 Saranac Avenue, Lake Placid, will host a party for the grown-ups at the North Country Business Council Business After Hours on July 11 from 5:30 to 7 p.m.

Guests will enjoy complimentary hors d’oeuvres from Simply Gourmet and a cash bar while networking with new business contacts and catching up with old friends. Attendees will check out Lake Placid’s only indoor play café and discover why Happy Campers makes parents happy.

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