Arrow Financial Corp Announces Acquisition of Skene Valley Agency

What Happened

• On September 10, 2026, Arrow Financial Corporation announced via press release (filed on Form 8-K) that Upstate Agency, LLC, a subsidiary of Arrow Bank® National Association, has entered into a definitive agreement to acquire Skene Valley Agency, Inc., an independent insurance agency located in Washington County, New York. The press release is attached as Exhibit 99.1 to the filing. The Form 8-K was signed by CFO Penko Ivanov.

Key Details

• Announcement date: September 10, 2026 (Form 8-K filed same day).
• Acquirer: Upstate Agency, LLC (subsidiary of Arrow Bank® N.A.).
• Target: Skene Valley Agency, Inc., independent insurance agency in Washington County, NY.
• The 8-K includes a press release (Exhibit 99.1); the filing does not disclose purchase price, financial terms, or a closing date.

Why It Matters

• This is a strategic acquisition within Arrow’s insurance agency operations and expands the bank’s local insurance footprint through its subsidiary.
• Investors should monitor future filings or press releases for material details (purchase price, expected close date, and any projected financial impact) to assess how the deal may affect revenue mix, fee income, or integration costs.