Key facts
- Arrow Financial Corporation and Adirondack Bancorp, Inc. received OCC approval for their merger.
- Arrow Financial Corporation is the parent company of Arrow Bank National Association.
- Adirondack Bancorp, Inc. is the parent company of Adirondack Bank.
- The merger is expected to close in Q3 2026.
The merger between Arrow Financial Corporation and Adirondack Bancorp, Inc. signifies a consolidation within the regional banking sector. Regulatory approval from the OCC is a critical step towards finalizing the transaction, which aims to combine the operations of Arrow Bank and Adirondack Bank.