Business
Arrow Financial Corporation to Renovate and Improve Glens Falls, NY, Headquarters
- Arrow plans to begin renovations to its headquarters in Glens Falls, New York. - The renovations will provide greater office flexibility; increase
About this update from Arrow Financial Corporation
[{"type":"text","content":"- Arrow plans to begin renovations to its headquarters in Glens Falls, New York.\n - The renovations will provide greater office flexibility; increase efficiency; replace obsolete heating, ventilation and air conditioning systems; and improve the employee and customer experience.\n - The project begins in the coming months and is expected to be completed in early 2023.\n\n\nGLENS FALLS, N.Y., May 24, 2021 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) is pleased to announce a major renovation of its longtime headquarters in downtown Glens Falls. The project will begin in stages in the coming months and involves exterior and interior improvements, replacement of aging building equipment with new, energy-efficient systems, creation of a new lobby for customer transactions and development of additional space for lending and corporate offices.\n\"As we prepare for anticipated growth in customer transactions, the proposed renovations to our headquarters will provide more efficient and flexible working space that can be adapted to the needs of our Arrow Team, our customers and our business and will help us streamline processes and consolidate technology,'' said Thomas J. Murphy, President and CEO of Arrow Financial Corporation. \n\"We also propose to update obsolete heating, ventilation and air conditioning equipment with new energy-saving systems, while creating an attractive new lobby for the main branch of our subsidiary Glens Falls National Bank and Trust Company that blends modern lighting and comfort with popular historic features.'' \nThe main campus of the Arrow Family of Companies occupies a prominent downtown corner in Glens Falls and includes the Main Office of Glens Falls National Bank and Trust Company as well as back office and operational support for not only Glens Falls National, but also Saratoga National Bank and Trust Company and Upstate Agency, LLC.\nGlens Falls National Bank was founded in 1851 in the City of Glens Falls. While it has had a few homes since then, its current location on the corner of Glen and South streets is a well-known community landmark. As Arrow's banking and insurance subsidiaries have grown over the last 20 years, the company has built out its workforce using the main campus and additional offices elsewhere. More than 280 employees are based out of Arrow's downtown campus, an...