Public Company Financial Services

Arrow Financial Corporation

Glens Falls, New York, United States

Arrow Financial Corporation is a bank holding company based in Glens Falls, New York. Through its family of companies—including Arrow Bank National Association and Upstate Agency, LLC—it provides banking, wealth management and insurance services across northeastern New York.

Focus Areas
Bank holding company, Commercial banking, Wealth management

Tracked deals

3

3 tracked deals across 2025-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 recapitalization

Arrow Financial Corporation Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Arrow Financial Corporation. 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Upstate Agency, LLC
    Target
    Skene Valley Agency, Inc.
    Industry
    Insurance
    Type
    Buyout

    Upstate Agency, LLC, a subsidiary of Arrow Bank National Association, entered into a definitive agreement to acquire Skene Valley Agency, Inc., an independent insurance agency based in Granville, New York. The transaction is targeted to close by the end of the third quarter of 2026; after completion, Skene Valley will merge into Upstate Agency to expand its Washington County presence and insurance offerings.

  • Buyer
    Arrow Financial Corporation
    Target
    Adirondack Bancorp, Inc.
    Type
    Buyout

    Arrow Financial Corporation (NASDAQ: AROW) agreed to acquire Adirondack Bancorp, Inc., the parent company of Adirondack Bank, in a stock-and-cash merger. The transaction received OCC approval and was completed on July 1, 2026, expanding Arrow’s footprint in upstate New York (including Oneida, Herkimer and Franklin counties) and the Mohawk Valley.

  • Buyer
    Arrow Financial Corporation
    Target
    Glens Falls National Bank and Trust Company, Saratoga National Bank and Trust Company

    Arrow Financial Corporation announced the legal unification of its subsidiary Glens Falls National Bank and affiliate Saratoga National Bank into a single bank renamed Arrow Bank National Association. The move consolidates branding across the company, strengthens market presence in northeastern New York, and will not affect branch locations, leadership or staffing.

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