ARROW FINANCIAL CORP 8K

Arrow Financial Corporation completed its acquisition of Adirondack Bancorp, Inc., merging Adirondack Bank into Arrow Bank and expanding its New York branch footprint with leadership and branding integration to occur through 2026.

On July 1, 2026, Arrow Financial Corporation announced it has completed its previously announced strategic acquisition of Adirondack Bancorp, Inc. and the merger of Adirondack Bank into Arrow Bank National Association, creating a combined institution with approximately $5.4 billion in assets, $4.8 billion in deposits, and $4.1 billion in gross loans as of March 31, 2026. The transaction significantly expands Arrow Bank’s branch footprint to 57 locations across northeastern New York and into the Mohawk Valley, including Oneida, Herkimer, and Franklin counties, while reinforcing its presence in Essex and Clinton counties. In connection with the closing, former Adirondack President and CEO Rocco F. Arcuri Sr. became Senior Vice President, Regional President, Mohawk Valley of Arrow and was appointed to Arrow’s Board of Directors. Arrow indicated that integration efforts will proceed through later in 2026, during which time customers will gradually transition to Arrow Bank branding and systems but may continue to see Adirondack Bank’s name on certain materials, with Arrow emphasizing continuity of relationship-based community banking and future product and service enhancements.

Filing Facts

CIK

717538

Ticker

-

Form

8K

Source Type

sec

Accession

0000717538-26-000100

Alert Tier

8