Glens Falls National Bank and Trust agreed to acquire the New York branch office from Berkshire Hills.

Glens Falls National Bank and Trust, a provider of commercial banking, investment, trust and insurance services to individuals, corporations, and government institutions, agreed to acquire the New York branch office from Berkshire Hills Bancorp, the parent company of Berkshire Bank. Financial terms were not disclosed. "We are thrilled to announce the acquisition of the Whitehall location from Berkshire Bank, and we are eager to welcome its customers to our Arrow Family of Companies. This strategic move marks a milestone in our growth and underscores our commitment to expanding our market presence, allowing us to further enhance our offerings and drive value for our shareholders. We have a long history of meeting diverse financial needs in Washington County and communities like Whitehall. With our commitment to the area and our local expertise, we are confident this will be a smooth transition for our new customers," Dave DeMarco, Arrow Financial Corporation and Glens Falls National Bank President and CEO.