Arrow Financial to unify bank subsidiaries into entity named Arrow Bank

Arrow Financial has finalized plans to unify its banking subsidiaries, Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company, into one entity to be renamed Arrow Bank. This announcement follows the necessary public comment period and regulatory approval by the Office of the Comptroller of the Currency. Under its new name, Arrow Bank will continue to be part of Arrow Financial. The leadership team will remain unchanged. Customers can continue to use all the same bank branch locations, and staffing will not be affected. Arrow Bank will begin rolling out its new branding as part of the unification process. Collectively, the banks operate 37 branches in northeastern New York, stretching from Albany to Clinton counties. Arrow currently has an asset size of approximately $4.2B and more than 550 employees.