ARROW FINANCIAL CORPORATION (NASDAQ:AROW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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ARROW FINANCIAL CORPORATION (NASDAQ:AROW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Arrow Financial Corporation (the “Company”) received notice on December 15, 2016 of John J. Murphy’s retirement from the Board of Directors of the Company, after 10 years of service as Director, effective December 31, 2016. Mr. Murphy began his banking career at Glens Falls National Bank and Trust Company in 1973 and retired from the position of Executive Vice President and Chief Financial Officer in 2006 after 33 years of dedicated service. We wish him the best in his retirement.

About ARROW FINANCIAL CORPORATION (NASDAQ:AROW)

Arrow Financial Corporation (Arrow) is a bank holding company. The Company’s banking subsidiaries are Glens Falls National Bank and Trust Company (Glens Falls National) and Saratoga National Bank and Trust Company (Saratoga National). It operates in community banking industry segment. The Company’s business consists primarily of the ownership, supervision and control of its approximately two banks. It provides advisory and administrative services and coordinates the general policies and operation of the banks. The Company offers a range of commercial and consumer banking, and financial products. Its deposit base consists of deposits derived from the communities it serves. Through its banks’ trust operations, the Company provides retirement planning, trust and estate administration services for individuals, and pension, profit-sharing and employee benefit plan administration for corporations.

ARROW FINANCIAL CORPORATION (NASDAQ:AROW) Recent Trading Information

ARROW FINANCIAL CORPORATION (NASDAQ:AROW) closed its last trading session down -1.00 at 40.70 with 22,321 shares trading hands.