Attached files

file filename
EX-32 - EX-32 - ARROW FINANCIAL CORPex32906cert-2020.htm
EX-31.2 - EX-31.2 - ARROW FINANCIAL CORPex312cfocert-2020.htm
EX-31.1 - EX-31.1 - ARROW FINANCIAL CORPex311ceocert-2020.htm
EX-23 - EX-23 - ARROW FINANCIAL CORPex23consent-2020.htm
10-K - 10-K - ARROW FINANCIAL CORParow-20201231.htm

Exhibit 21

Arrow Financial Corporation
250 Glen Street
Glens Falls, NY 12801
Subsidiaries
December 31, 2020
SubsidiaryPercent of Common Stock Owned
Subsidiaries of Arrow Financial Corporation:
Glens Falls National Bank and Trust Company
A Nationally Chartered Commercial Bank
Headquarters: Glens Falls, NY
100
Saratoga National Bank and Trust Company
A Nationally Chartered Commercial Bank
Headquarters: Saratoga Springs, NY
100
Arrow Capital Statutory Trust II
A Non-deposit Trust Company
Headquarters: Glens Falls, NY
100
Arrow Capital Statutory Trust III
A Non-deposit Trust Company
Headquarters: Glens Falls, NY
100
Subsidiaries of Glens Falls National Bank and Trust Company:
Arrow Properties, Inc.
A Real Estate Investment Trust
(Glens Falls National Bank also holds approximately 82%
of non-voting preferred stock)
Headquarters: Glens Falls, NY
100
North Country Investment Advisers, Inc.
A New York Corporation
Headquarters: Glens Falls, NY
100
NC Financial Services, Inc.
A New York Corporation
Headquarters: Warrensburg, NY
90
Glens Falls National Community Development Corporation
A New York Corporation
Headquarters: Glens Falls, NY
100
Upstate Agency, LLC
A New York Corporation
Headquarters: Warrensburg, NY
100
Subsidiaries of Saratoga National Bank and Trust Company:
NC Financial Services, Inc.
A New York Corporation
Headquarters: Warrensburg, NY
10