Arrow Financial Acquires Berkshire Bank Branch In Whitehall, New York
Arrow Financial Acquires Berkshire Bank Branch In Whitehall, New York
Arrow Financial Corporation (NASDAQ:AROW) has entered into a definitive agreement with Berkshire Bank, a subsidiary of Berkshire Hills Bancorp, Inc. (NYSE:BHLB).
艾睿金融公司（纳斯达克股票代码：AROW）已与伯克希尔山银行公司（纽约证券交易所代码：BHLB）的子公司伯克希尔银行签订了最终协议。
Under the deal, Arrow Financial's bank subsidiary, Glens Falls National Bank, will acquire the branch office at 184 Broadway, Whitehall, New York.
根据该协议，Arrow Financial的银行子公司格伦斯福尔斯国家银行将收购位于纽约白厅百老汇184号的分支机构。
Berkshire Bank has entered into definitive agreements with three buyers to sell 10 of its upstate and eastern New York branches, consisting of eight offices in Albany, Saratoga, Schenectady and Columbia counties, one office in Whitehall and one office in East Syracuse.
伯克希尔银行已与三位买家签订最终协议，出售其在纽约州北部和东部的10家分行，其中包括位于奥尔巴尼、萨拉托加、斯克内克塔迪和哥伦比亚县的八个办事处，在白厅的一个办事处和在东锡拉丘兹的一个办事处。
The sale lowers Berkshire Hills' overall branch footprint from 96 to 86 locations.
此次出售使伯克希尔山的分支机构总占地面积从96个降至86个。
All employees associated with the Whitehall branch will be offered employment with the Arrow Family of Companies.
与白厅分支机构有关的所有员工都将获得Arrow公司家族的就业机会。
The sale is targeted for completion by the end of the third quarter of 2024.
此次出售的目标是在2024年第三季度末完成。
Following the anticipated completion of the sale, Glens Falls National Bank will operate a total of nine branches in Washington County.
预计出售完成后，格伦斯福尔斯国家银行将在华盛顿县共经营九家分行。
"This strategic move marks a milestone in our growth and underscores our commitment to expanding our market presence..," said Dave DeMarco, President and CEO of Arrow Financial Corporation and Glens Falls National Bank.
艾睿金融公司和格伦斯福尔斯国家银行总裁兼首席执行官戴夫·德马科表示：“这一战略举措标志着我们增长的里程碑，也凸显了我们对扩大市场份额的承诺...”
Price Action: BHLB shares closed lower by 2.65% to $20.92 on Monday, and AROW shares closed lower by 0.50% to $23.84.
价格走势：BHLB股价周一收盘下跌2.65％，至20.92美元，AROW股价收盘下跌0.50％，至23.84美元。
Image sourced from Shutterstock
图片来自 Shutterstock
译文内容由第三方软件翻译。