Written Comments
Written comments received from the public that specifically relate to the Bank's CRA performance.
Any response to the comments by the Bank.
*Written comments except those that reflect adversely on the good name or reputation of any persons other than the Bank.
2022 No Comments Received
2023 No Comments Received
2024 No Comments Received
CRA Performance Evaluation - Public Section
January 9, 2023
Branches
Branches Opened and Closed
2020 – No Branches Opened or Closed
2021 – No Branches Opened or Closed
2022 – Saranac Lake Branch Relocated
Saranac Lake
On November 16, 2022, the Champlain National Bank Branch in Saranac Lake was relocated from:
622 Lake Flower Avenue
Saranac Lake, NY 12983
Census Tract: 9605.02
To:
151 Church Street
Saranac Lake, NY 12983
Census Tract: 9510.00
2023 – No Branches Opened or Closed
Products, Services, Loans, and Fee Schedule
deposit products
PERSONAL CHECKING
Champlain Free
Champlain Classic
Champlain Benefit
Champlain Privilege
PERSONAL SAVINGS
Champlain Statement Savings
Champlain Money Market
Champlain Privilege Money Market
Champlain Birthday Savings Club
Health Savings Account
Champlain Christmas Club
Certificate of Deposit
IntraFi Network Deposits™
BUSINESS CHECKING
Free Business Checking
Business Checking
Interest Business Checking
Public Funds Checking
Interest Public Funds Checking
IOLA
BUSINESS SAVINGS
Business Statement Savings
Business Money Market
Public Funds Money Market
Certificate of Deposit
IntraFi Network Deposits™
banking services
PERSONAL SERVICES
Online Banking
Debit Mastercard®
Visa® Rewards Credit Card
ATM Network
Checks
Safe Deposit Boxes
Telephone Banking
Overdraft Protection
Overdraft Line of Credit
Sweep
BUSINESS SERVICES
Business Online Banking
Debit BusinessCard
Visa® Platinum Credit Card
ATM Network
Business Remote Deposit
Remote Electronic Deposit
Checks
Re$ubmitIt®
Safe Deposit Boxes
Telephone Banking
Overdraft Protection
Overdraft Line of Credit
Sweep
Merchant Services
loan products
PERSONAL LOANS
Fixed Rate Mortgage
Government Loan Programs
Home Equity Loan
Home Equity Line of Credit
Mobile Home Loan
Land Loan
Home Improvement Loan
Unsecured Loan
CD Secured Loan
Auto Loan
Motorcycle Loan
Boat Loan
ATV Loan
Snowmobile Loan
Watercraft Loan
Camper Loan
Travel Trailer Loan
Motor Home Loan
BUSINESS LOANS
Real Estate Financing
Business Line of Credit
Term Loans
Government Sponsored Loans
fee schedule
| Service | Fee |
|---|---|
| Overdraft Item Fee (Created by ATM Withdrawal or Everyday Debit Card Transaction) | $25 |
| Overdraft Item Fee (Created by Check, In-Person Withdrawal, ACH, or Any Other Type of Transaction. Overdraft Fee per Item Paid or Returned on Negative Balances Greater Than $5) | $35 |
| Return Item Fee | $35 |
| Maximum Daily Overdraft Fee for Consumers | $210 |
| Maximum Daily Overdraft Fee for Businesses | Unlimited |
| Collection Agency Fee | $30 |
| ATM Fee (Use of a Non-CNB ATM) | $3 |
| Wire Transfers | |
| Domestic (Incoming) | $25 |
| Domestic (Outgoing) | $35 |
| International (Incoming and Outgoing) | $50 |
| Cashier’s Check | $5 |
| Money Order | $5 |
| Stop Payment | $35 |
| Certificate of Protest Fee | $30 |
| Monthly Dormant Account Fee | $10 |
| Abandoned Property Processing Fee | $30 |
| Account Research Hourly Rate ($30 minimum) | $30 |
| Deposit Correction Fee | $5 |
| Legal Processing Fee | $100 |
| Interim or Duplicate Statement | $10 |
| Copy of Check Images | $2 |
| Locking Deposit Bag | $25 |
| Safe Deposit Box Annual Rates | |
| 2" x 5" ($35.00 + $2.80 tax) | $37.80 |
| 3" x 5" ($40.00 + $3.20 tax) | $43.20 |
| 4" x 5" ($50.00 + $4.00 tax) | $54.00 |
| 5" x 5" ($60.00 + $4.80 tax) | $64.80 |
| 3" x 10" ($70.00 + $5.60 tax) | $75.60 |
| 4" x 10" ($80.00 + $6.40 tax) | $86.40 |
| 5" x 10" ($90.00 + $7.20 tax) | $97.20 |
| 6" x 10" ($100.00 + $8.00 tax) | $108.00 |
| 10" x 10" ($125.00 + $10.00 tax) | $135.00 |
| Lost Key | At Cost |
| Drilling to Open | At Cost |
Assessment Area
Champlain National Bank has defined its “Assessment Area” as the entire geographical area of Essex and Clinton Counties in addition to two census tracts in Franklin County, located in New York State. The Assessment Area is made up of whole census tract map numbers. The area is serviced by ten branches, which are in Champlain, Crown Point, Elizabethtown (Home Office), Keene, Lake Placid, two branches in Plattsburgh, Saranac Lake, Westport, and Willsboro (Executive Offices).
Essex, Clinton, and Franklin Counties are in the upper Northeastern corner of New York State and are bordered to the North by the Canadian Border, to the South by Warren and Washington Counties, to the East by Lake Champlain, a geographical boundary, and to the West by Hamilton and St. Lawrence Counties.
The Bank’s Assessment Area was unchanged from 1992 until 2022, when it acquired a new Saranac Lake location, bringing a portion of Franklin County into consideration. The assessment area is approved by its Board of Directors. The following are the whole census tract map numbers served by the Bank in each county.
Essex County
Towns of:
Chesterfield and Keeseville 9601, Crown Point 9611, Elizabethtown and Westport 9609.01, Essex and Lewis 9607, Jay 9602, Keene 9609.02, Moriah 9610.01 and 9610.02, North Elba 9604.01, 9604.02, 9605.01, and 9605.02, Minerva, North Hudson and Newcomb 9614, Schroon 9613, St. Armand and Wilmington 9603, Ticonderoga 9612.01 and 9612.02, Willsboro 9608.
Essex County
Clinton County
Towns of:
Altona 1042, AuSable 1028, Beekmantown 1006, Black Brook 1038, Champlain 1001.01 and 1001.02, Chazy 1002, Clinton, Dannemora, and Ellenburg 1035.12, Mooers 1042, Peru 1019.01 and 1019.02, Plattsburgh (town and city) 1008, 1009.01, 1009.02, 1010, 1016, 1021, 1022, 1030, 1031, and 1032, Saranac 1038, Schuyler Falls 1039 and 1007.
Clinton County
Franklin County
Town of:
Harrietstown 9510 and 9509.
Franklin County
Here is a census map of all three counties. Franklin County census tracts are outlined accordingly.
The Bank’s Assessment Area includes all types of neighborhoods, districts, and persons of all income levels, including low and moderate incomes. Designating the Bank’s Assessment Area does not mean that the Bank does not make loans outside of that area.
There are also many sections of our Assessment Area in which it may appear that we have not been a very active lender. This is due to a substantial portion of the Bank’s Assessment Area being comprised of uninhabited mountain terrain, much of which is classified as “Forever Wild” by New York State’s constitution.
In addition, there is a significant amount of farmland in the Bank’s Assessment Area, some of which is not in use. Even though some of these areas do not have a Champlain National Bank Branch, the Bank would be pleased to entertain requests for deposit and credit services from any individual or business. The Assessment Area merely sets forth the general operating area of the Bank. The concept of our Assessment Area is subject to change over time, as patterns of commercial development change and populations shift.
The addition of Franklin County census tracts 9510 and 9509 is due to the real estate acquisition of a new location in Saranac Lake, which is situated just over the county line from the previous location in the southeastern corner of the county.
Loan-to-Deposit Ratios
Champlain National Bank’s quarterly Loan-to-Deposit Ratio.
2022
First Quarter: 66.49%
Second Quarter: 71.08%
Third Quarter: 66.39%
Fourth Quarter: 74.11%
2023
First Quarter: 71.23%
Second Quarter: 78.67%
Third Quarter: 78.90%
Fourth Quarter: 86.70%