M&A
confidence high
sentiment positive
materiality 0.35
Arrow Financial acquires Berkshire Bank's Whitehall, NY branch with $39M deposits
ARROW FINANCIAL CORP
- Deal includes $39M in deposits, $3M in loans, and the branch premises.
- Expected close by end of Q3 2024, subject to customary regulatory approvals.
- All employees of the Whitehall branch offered positions with Arrow.
- Advisor: Piper Sandler & Co.; legal: Thompson Coburn LLP.