Charles V. Wait is president, chief executive officer and chairman of the board of The Adirondack Trust Company, Saratoga Springs, New York. Mr. Wait also serves as director of the New York Bankers Association and as a member of the Saratoga County Water Authority. His awards include the Commitment to Community Award from the New York State Business Council, Outstanding New Yorker from the New York State Jaycees, a Private Sector Initiative Award from President Ronald Reagan, the Liberty Bell Award from the Saratoga County Bar Association, the Capital District Business Review Executive of the Year in 1999, an Honorary Doctorate of Humane Letters from SUNY Empire State College in 2001, the Distinguished Economic Development Leadership Award from the Saratoga Economic Development Corporation, the Community Recognition Award from the Saratoga County EOC and two awards from Skidmore College. Mr. Wait is a graduate of Cornell University. Mr. Wait began his banking career with The Adirondack Trust Company in 1974. In 1982 he was elected as a director, 1984 as president and in 1989 as chairman of the board and CEO. He is a past chairman of the Greater Saratoga Chamber of Commerce, the Saratoga Performing Arts Center, the New York Bankers Association and the Saratoga Springs City Center convention facility. Mr. Wait has also held positions on the board of the New York Racing Association, Skidmore College, Empire State College Foundation, Adirondack Chapter of the American Red Cross, New York Business Development Corporation and the Yaddo Corporation.