Arrow Financial in Glen Falls, N.Y., is planning to merge its two banks under a new brand.
The $4.2 billion-asset company said in a press release that it will combine Glens Falls National Bank and Trust and Saratoga National Bank and Trust to form Arrow Bank.
Arrow said the plan has already been approved by the Office of the Comptroller of the Currency.
“Our decision to unify our bank brands under the Arrow Bank name represents a pivotal moment in our company’s history,” David DeMarco, the company’s president and CEO, said in the release.
“Years of research and careful planning have led us to this moment, where we are poised to enhance our strategic growth opportunities and provide an unparalleled customer experience,” DeMarco added.