Arrow Financial gets stockholder and regulatory approvals for Adirondack Bancorp merger; close expected July 1

ARROW FINANCIAL CORP

Adirondack stockholders voted to approve the merger on June 9, 2026.
New York State Department of Financial Services approved the transaction on June 10, 2026.
Arrow received a waiver from filing with the Federal Reserve Bank of New York for the merger.
OCC approval was previously announced on June 1, 2026.
Merger anticipated to close on July 1, 2026, subject to customary conditions.

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