When the village of Scotia opened its first bank 100 years ago, Calvin Coolidge was president, women had just gained the right to vote and the first electric automatic traffic signal had just been invented.

First National Bank of Scotia, which is still headquartered at 201 Mohawk Ave., is celebrating a century in business.

A celebration was held Friday afternoon.

The event’s highlight was a ribbon cutting for the bank’s main office, which has been renovated, and saw many of the key features from the 1923 branch restored.