GLENS FALLS, N.Y., Jan. 28, 2015 /PRNewswire/ -- The Board of
Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on
January 28, 2015, declared a
quarterly cash dividend of $.25 per
share payable March 13, 2015, to
shareholders of record March 3, 2015.
This represents an increase of 2% over the cash dividend paid in
the first quarter of 2014, as a result of the September 29, 2014, 2% stock dividend.
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