Arrow Financial completes acquisition of Adirondack Bancorp

• Arrow Financial (NASDAQGS:AROW) completed its strategic acquisition of Adirondack Bancorp and merged Adirondack Bank into Arrow Bank National Association.
• The combined company now reports approximately $5.4 billion in assets, $4.8 billion in deposits and $4.1 billion in gross loans.
• The transaction expands Arrow Bank’s footprint to 57 branches across northeastern New York and the Mohawk Valley.

Arrow Financial (NASDAQ:AROW) announced the completion of its strategic acquisition of Adirondack Bancorp and the merger of Adirondack Bank into Arrow Bank National Association.

The combined company now reports 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 expands Arrow Bank’s footprint to 57 branches across northeastern New York and the Mohawk Valley, adding new counties including Oneida, Herkimer and Franklin.

Adirondack’s former CEO Rocco F. Arcuri Sr. joined Arrow’s leadership team and board.

The acquisition strengthens Arrow Financial’s position in the northeastern New York banking market through the addition of Adirondack’s established branches and customer relationships.