The Bank Slate


Arrow in N.Y. announces branch closings, tech upgrades

Arrow Financial in Glens Falls, N.Y., has outlined plans to close three branches at a time when it is also beefing up its online offerings. 

The $4.1 billion-asset company said in a press release Tuesday that it will close two locations in Fort Edward, N.Y., and one in Wilton, N.Y. 

Arrow said it making improvements to its remaining Fort Edward branch. It is also renovating a new location in Wilton that will open in the fourth quarter to replace the offices to be closed. 

The company said it launched a new mortgage application platform and upgraded its business online banking platform during the third quarter.

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