Arrow Financial Corporation completes acquisition of Whitehall, N.Y. Branch from Berkshire Bank
Acquiring Company
Arrow Financial Corporation
Acquired Company
Berkshire Hills Bancorp
Glens FallsUnited StatesFinancial ServicesFinanceLendingBankingFinanceBankingDescription
Arrow Financial Corporation, through its bank subsidiary Glens Falls National Bank and Trust Company, has successfully completed the acquisition of the Whitehall, New York branch office from Berkshire Bank, a subsidiary of Berkshire Hills Bancorp, Inc. This strategic step underscores Arrow Financial Corporation's dedication to broadening its presence, enhancing its offerings and increasing value for its shareholders.
Quick answer
Arrow Financial Corporation is acquiring Berkshire Hills Bancorp, announced August 6, 2024. Arrow Financial Corporation is based in Glens Falls, New York, United States.
- How much did Arrow Financial Corporation pay for Berkshire Hills Bancorp?
- The deal value was not disclosed.
- What does Arrow Financial Corporation do?
- Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York.
- Where are Arrow Financial Corporation and Berkshire Hills Bancorp based?
- Arrow Financial Corporation is based in Glens Falls, New York, United States. Berkshire Hills Bancorp is based in United States.
- Who are the decision-makers at Arrow Financial Corporation?
- Fundz holds 1 contact at Arrow Financial Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Arrow Financial Corporation, and when
When Arrow Financial Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Berkshire Hills Bancorp?
Berkshire Hills Bancorp was acquired by Arrow Financial Corporation, based in Glens Falls. The deal was reported on August 6, 2024. Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. Arrow Financial Corporation is publicly traded (AROW) and operates in Financial Services.
When did Arrow Financial Corporation acquire Berkshire Hills Bancorp?
Arrow Financial Corporation's acquisition of Berkshire Hills Bancorp was reported on August 6, 2024. Arrow Financial Corporation, through its bank subsidiary Glens Falls National Bank and Trust Company, has successfully completed the acquisition of the Whitehall, New York branch office from Berkshire Bank, a subsidiary of Berkshire Hills Bancorp, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Berkshire Hills Bancorp do?
Berkshire Bank is a financial institution with a branch located on 6611 Manlius Center Road in East Syracuse, New York. It is privately held, operating in Finance, and is based in United States.
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