GLENS FALLS, N.Y., Oct. 22, 2014 /PRNewswire/ -- The Board of
Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on
October 22, 2014, declared a
quarterly cash dividend of $.25 per
share payable December 15, 2014, to
shareholders of record December 3,
2014. This represents an increase of 2% over the cash
dividend paid in the fourth quarter of 2013, as a result of the
September 29, 2014, 2% stock
dividend. It is the 21st consecutive year that cash
dividends paid have increased.
Arrow Financial Corporation is a multi-bank holding company
headquartered in Glens Falls, New
York, serving the financial needs of northeastern
New York. The Company is the
parent of Glens Falls National Bank and Trust Company and Saratoga
National Bank and Trust Company. Other subsidiaries include North
Country Investment Advisers, Inc.; three property and casualty
insurance agencies: Loomis & LaPann, Inc., McPhillips Insurance
Agency, which is a division of Glens Falls National Insurance
Agencies, LLC, and Upstate Agency, LLC; and Capital Financial
Group, Inc., an insurance agency specializing in the sale and
servicing of group health plans.
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SOURCE Arrow Financial Corporation