Company Description
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services.
The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits.
Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and enhancement to commercial properties, as well as commercial construction and land development loans to finance projects.
The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses.
In addition, it maintains an indirect lending program. Further, the company provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations.
Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust.
It operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties.
Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
| Country | United States |
| Founded | 1851 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 537 |
| CEO | David S. DeMarco |
Contact Details
Address: 250 Glen St Glens Falls, New York 12801 United States | |
| Phone | (518) 415-4299 |
| Website | arrowfinancial.com |
Stock Details
| Ticker Symbol | AROW |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000717538 |
| CUSIP Number | 042744102 |
| ISIN Number | US0427441029 |
| Employer ID | 22-2448962 |
| SIC Code | 6021 |
Key Executives
| Name | Position |
|---|---|
| David S. DeMarco | Chief Executive Officer, President and Director |
| David D. Kaiser | Senior Executive Vice President and Chief Credit Officer |
| Andrew J. Wise | Senior Executive Vice President, Chief Risk Officer and Company Secretary |
| Penko Krassimir Ivanov CPA, M.B.A. | Senior EVice President, Chief Financial Officer, Chief Accounting Officer and Treasurer |
| Michael Jacobs | Executive Vice President and Chief Information Officer |
| Brooke Pancoe | Senior Executive Vice President and Chief Human Resources Officer |
| Annette Reitano | Senior Vice President and Director of Marketing and Communications of Glen Falls |
| Marc Yrsha | Senior Executive Vice President and Chief Banking Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 19, 2024 | 8-K | Current Report |
| Mar 14, 2024 | 8-K | Current Report |
| Mar 11, 2024 | 10-K | Annual Report |
| Mar 4, 2024 | 8-K | Current Report |
| Feb 16, 2024 | 8-K | Current Report |
| Feb 12, 2024 | 13F-HR | Quarterly report filed by institutional managers, holdings |
| Feb 7, 2024 | 8-K | Current Report |
| Feb 1, 2024 | 8-K | Current Report |
| Jan 26, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Dec 7, 2023 | S-8 | Securities to be offered to employees in employee benefit plans |