Charles V. Wait was born May 28, 1951 and 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 Chief Executive Officer.

In the past, Mr. Wait has held positions on the Board of Skidmore College, Empire State College Foundation and the Adirondack Chapter of the American Red Cross.

He is 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 currently serves as a Trustee of the New York Business Development Corporation, Saratoga County YMCA, the New York Racing Association (NYRA) as well as being Treasurer of the New York State Bankers Association, Chairman of the New Century Fund and Secretary-Treasurer of the Yaddo Corporation.

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 Capital District Business Review Executive of the Year in 1999, and an Honorary Doctorate of Humane Letters from SUNY Empire State College in 2001.

Mr. Wait resides in Saratoga Springs with his wife, Candace, and their three children.