The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Arrow Financial in N.Y. buys insurance agency

Arrow Financial in Glen Falls, N.Y., has acquired an insurance agency.

The $4.4 billion-asset company said in a press release that it bought A&B Agency during the third quarter. The price wasn’t disclosed.

The company also said it completed its previously announced purchase of a branch in Whitehall, N.Y., from Berkshire Hills Bancorp in Boston. Arrow also said it plans to complete the merger of its bank subsidiaries on Dec. 31.

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