Arrow Financial Corporation to Acquire Adirondack Bancorp, Inc.
February 26, 2026
Arrow Financial Corporation (parent of Arrow Bank National Association) and Adirondack Bancorp, Inc. jointly announced that both boards approved an agreement and plan of merger under which Adirondack will merge into Arrow. Under the terms, Adirondack shareholders will receive a combination of Arrow stock and cash, with closing expected by the end of Q2 2026 subject to regulatory and shareholder approvals.
- Buyers
- Arrow Financial Corporation
- Targets
- Adirondack Bancorp, Inc.
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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