secwatch.observer — SEC 8-K summary
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Issuer:     ARROW FINANCIAL CORP (AROW)
CIK:        0000717538
Form:       8-K
Filed at:   2026-07-01T11:42:10+00:00
Accession:  0000717538-26-000100
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arrow Financial completes acquisition of Adirondack Bancorp; combined assets $5.4B
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- Each Adirondack share converted into 1.8610 Arrow shares plus $18.72 cash; tax-free reorganization under Section 368(a).
- Combined company: $5.4B assets, $4.8B deposits, $4.1B gross loans, 57 branches across northeastern NY and Mohawk Valley.
- Rocco F. Arcuri Sr. appointed to Arrow board and as SVP, Regional President, Mohawk Valley of Arrow Bank.
- Banking system conversion and integration scheduled for later in 2026; customers will see Arrow branding starting July 1.
- Arrow President & CEO David S. DeMarco cites complementary community banks and long-term value creation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717538/000071753826000100/0000717538-26-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717538/000071753826000100/arow-20260701.htm
  HTML page:      https://secwatch.observer/filing/0000717538-26-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer