Arrow Financial Finalizes $5.4B Acquisition, Expands to 57 Branches in New York
AROW•Arrow Financial Corporation completed its acquisition of Adirondack Bancorp, merging $5.4B in assets, $4.8B in deposits and $4.1B in loans into Arrow Bank. The deal expands Arrow’s branch network to 57 locations across northeastern New York and Mohawk Valley and adds Rocco F. Arcuri Sr. to its executive team.
1. Acquisition Completion and Combined Metrics
Arrow Financial Corporation completed its strategic acquisition of Adirondack Bancorp and merged Adirondack Bank into Arrow Bank, creating a combined entity with approximately $5.4 billion in total assets, $4.8 billion in total deposits and $4.1 billion in gross loans based on March 31, 2026 figures.
2. Expanded Footprint
The acquisition expands Arrow’s branch network to 57 locations across northeastern New York and the Mohawk Valley, including Oneida, Herkimer and Franklin counties, while reinforcing its presence in Essex and Clinton counties.
3. Leadership Additions
Rocco F. Arcuri Sr., former President and CEO of Adirondack, has joined Arrow as Senior Vice President and Regional President, Mohawk Valley, and has been appointed to the company’s Board of Directors.
4. Integration Timeline
Starting July 1, Adirondack branches will adopt Arrow Bank branding, with full integration of banking systems scheduled for later in 2026 to deliver enhanced products and services while maintaining personalized local service.
