News
June 17, 2015Arrow Financial Corporation Recognized on “Midtier Performers” List
GLENS FALLS, N.Y. (June 16, 2015) — Arrow Financial Corporation was recently included on American Banker’s “Midtier Performers” list, ranking 31st out of almost 200 financial institutions.
The list, published in the May 2015 edition of the magazine, ranked 191 public and private companies with assets between $2 billion and $10 billion based on their three-year average returns on equity.
Arrow had a three-year ROAE of 12.26%; it is the only Capital Region bank to appear in the top 40. For more information, the complete article can be viewed online at americanbanker.com.
Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. It is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, Inc.; three property and casualty insurance agencies: Loomis & LaPann, Inc., Upstate Agency, LLC, and McPhillips Insurance Agency, a division of Glens Falls National Insurance Agencies, LLC; and Capital Financial Group, Inc., an insurance agency specializing in the sale and servicing of group health plans.
