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ARROW FINANCIAL CORPORATION

Private limited company (Ltd.) Active

in

Registration No.
829376
Incorporation Date
1983-03-21
Company Type
Private limited company (Ltd.)
Address
Glens Falls, United States
Website
www.arrowfinancial.com/
Source: New York Department of State — Division of Corporations

ARROW FINANCIAL CORPORATION is a Private limited company (Ltd.) registered in United States under 829376, and its current status with New York Department of State — Division of Corporations is active. The company was incorporated on 21 March 1983 and lists its registered address as Glens Falls, United States. 3 shareholders are on record for ARROW FINANCIAL CORPORATION, and since every one of them is a company rather than an individual, this particular filing does not on its own establish an ultimate beneficial owner (UBO) — identifying one would mean tracing the ownership of each shareholding company in turn. This profile is sourced directly from New York Department of State — Division of Corporations and was last updated on 3 October 2026.

Data Provenance
This record is sourced directly from official government registries, including New York Department of State — Division of Corporations.

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Shareholders

3

Three shareholders are currently on record for ARROW FINANCIAL CORPORATION, reflecting the stock ledger maintained under state corporate law (e.g. §219 of the Delaware General Corporation Law) rather than a public filing.

The largest of these is Vanguard Group Inc, holding 10.2% — the largest recorded stake — followed by Fidelity Salem Street Trust-Fidelity Small Cap Index Fund at 2%; the remaining 1 shareholder shown holds smaller stakes.

Because every shareholder shown is a company rather than an individual, the ownership chain continues above this level, and no beneficial owner can be established from this filing alone.

Shareholder Type Holding Source Document
Vanguard Group Inc 10.2% New York Department of State — Division of Corporations
Fidelity Salem Street Trust-Fidelity Small Cap Index Fund 2% New York Department of State — Division of Corporations
VANGUARD SCOTTSDALE FUNDS-Vanguard Russell 2000 Index Fund 0.9% New York Department of State — Division of Corporations

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Officers

5

The Ceo, President & Director of ARROW FINANCIAL CORPORATION currently on record is David S. Demarco; five officers are currently on record for ARROW FINANCIAL CORPORATION, filed with New York Department of State — Division of Corporations.

The register reports 10 officers in total, including past appointments, though only the 5 most relevant records are shown here.

Management authority at ARROW FINANCIAL CORPORATION sits with these individuals, not with shareholders, who are covered separately and hold ownership rather than control.

The source filing doesn't specify representation authority — whether officers can act individually or must sign jointly to bind the company — so that detail isn't available here.

DS
David S. Demarco ACTIVE

Residence
🇺🇸 United States
Occupation
Ceo, President & Director

BP
Brooke Pancoe ACTIVE

Appointed
2020-01-01
Residence
🇺🇸 United States
Occupation
Senior Evp & Chief Human Resources Officer

MJ
Marc J. Yrsha ACTIVE

Residence
🇺🇸 United States
Occupation
Senior Evp & Chief Banking Officer

PK
Penko Krassimir Ivanov Cpa, M.b.a. ACTIVE

Residence
🇺🇸 United States
Occupation
Senior Evp, Cfo, Chief Accounting Officer & Treasurer

MJ
Michael Jacobs ACTIVE

Residence
🇺🇸 United States
Occupation
Executive Vp & Chief Information Officer

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Group Structure

ARROW FINANCIAL CORPORATION has no recorded parent company — it sits at the top of its own group structure, with 6 subsidiaries recorded beneath it across 1 jurisdiction. Each of these downward relationships is derived rather than filed: resolved by matching entities across the registry network, not stated directly in a single document.

Those 6 subsidiaries span United States jurisdiction, though this list should not be read as complete — subsidiaries only become visible here where shareholder data has actually been filed with a register, so holdings in jurisdictions without that filing simply won't appear. One of the 6 go a level deeper still, with its own further subsidiaries recorded beneath it — additional ownership layers this view doesn't expand.

Ultimate HQ
ARROW FINANCIAL CORPORATION
United States
NC Financial Services, Inc.
United States#0228425148

Capital Financial Group, Inc.
United StatesUS NY 2069556

North Country Investment Advisers, Inc.
United StatesUS NY 2541623

Arrow Capital Statutory Trust III
United States#0941869545

Arrow Bank National Association+ subsidiaries
United States#0118088552

Arrow Properties, Inc.
United StatesUS MA 000817720

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Map the complete corporate hierarchy: parent companies, subsidiaries, and cross-border ownership chains.

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Need the full UBO picture on ARROW FINANCIAL CORPORATION?

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Frequently Asked Questions

Who owns ARROW FINANCIAL CORPORATION?

Three shareholders are currently on record for ARROW FINANCIAL CORPORATION, reflecting the stock ledger maintained under state corporate law (e.g. §219 of the Delaware General Corporation Law) rather than a public filing. The largest of these is Vanguard Group Inc, holding 10.2% — the largest recorded stake — followed by Fidelity Salem Street Trust-Fidelity Small Cap Index Fund at 2%; the remaining 1 shareholder shown holds smaller stakes. Because every shareholder shown is a company rather than an individual, the ownership chain continues above this level, and no beneficial owner can be established from this filing alone.

Who is ARROW FINANCIAL CORPORATION's UBO (Ultimate Beneficial Owner)?

Every shareholder recorded for ARROW FINANCIAL CORPORATION is itself a company rather than a natural person, so no Ultimate Beneficial Owner (UBO) is identified at this level; establishing one would require tracing the ownership of each shareholding company in turn.

How many shareholders does ARROW FINANCIAL CORPORATION have on record?

3 shareholders are shown on record for ARROW FINANCIAL CORPORATION.

What is ARROW FINANCIAL CORPORATION's company registration number?

ARROW FINANCIAL CORPORATION's registration number is 829376, filed with New York Department of State — Division of Corporations in United States. Its current status on the register is active.

Is ARROW FINANCIAL CORPORATION still an active company?

ARROW FINANCIAL CORPORATION's status on New York Department of State — Division of Corporations is listed as active.

When was ARROW FINANCIAL CORPORATION incorporated?

ARROW FINANCIAL CORPORATION was incorporated on 21 March 1983, according to New York Department of State — Division of Corporations.

What is ARROW FINANCIAL CORPORATION's registered address?

The registered address on file for ARROW FINANCIAL CORPORATION is Glens Falls, United States.

What legal structure is ARROW FINANCIAL CORPORATION registered as?

ARROW FINANCIAL CORPORATION is registered as a Private limited company (Ltd.) in United States.

Who are the officers/directors of ARROW FINANCIAL CORPORATION?

The Ceo, President & Director of ARROW FINANCIAL CORPORATION currently on record is David S. Demarco; five officers are currently on record for ARROW FINANCIAL CORPORATION, filed with New York Department of State — Division of Corporations. Management authority at ARROW FINANCIAL CORPORATION sits with these individuals, not with shareholders, who are covered separately and hold ownership rather than control.

Does ARROW FINANCIAL CORPORATION have a parent company or subsidiaries?

ARROW FINANCIAL CORPORATION has no recorded parent company — it sits at the top of its own group structure, with 6 subsidiaries recorded beneath it across 1 jurisdiction. Those 6 subsidiaries span United States jurisdiction, though this list should not be read as complete — subsidiaries only become visible here where shareholder data has actually been filed with a register, so holdings in jurisdictions without that filing simply won't appear. One of the 6 go a level deeper still, with its own further subsidiaries recorded beneath it — additional ownership layers this view doesn't expand.

Can Zavia monitor changes to ARROW FINANCIAL CORPORATION's ownership over time?

This profile reflects a point-in-time snapshot from New York Department of State — Division of Corporations. Zavia's monitoring API can track changes to ARROW FINANCIAL CORPORATION's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.

Can I access ARROW FINANCIAL CORPORATION's data through an API?

Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like ARROW FINANCIAL CORPORATION's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.

Where does this company information come from, and how current is it?

This record is sourced directly from New York Department of State — Division of Corporations and was last synced on 3 October 2026.

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