Arrow Financial Corporat : on on “Midtier Performers” List

GLENS FALLS, N.Y. (June 16, 2016) -- Arrow Financial Corporation was recently included on American Banker's 'Midtier Performers' list, ranking 30th out of more than 215 financial institutions.

The list, published in a recent edition of the magazine, ranked 217 public and private companies with assets between $2 billion and $10 billion based on their three-year average returns on equity.

Arrow had a three-year ROAE of 11.92%; it is one of only three New York banks, and the only one from the Capital Region, to appear in the top 50. For more information, the complete article can be viewed online at americanbanker.com. The analysis, which was based on data from SNL Financial, was performed by Washington, D.C. management consulting firm Capital Performance Group.

Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. The Company is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, Inc.; two property and casualty insurance agencies: McPhillips Insurance Agency, which is a division of Glens Falls National Insurance Agencies, LLC, and Upstate Agency, LLC; and Capital Financial Group, Inc., an insurance agency specializing in the sale and servicing of group health plans.