December 19, 2014 4:25 AM ET


Company Overview of Glens Falls National Bank and Trust Company

Company Overview

Glens Falls National Bank and Trust Company, a commercial bank, provides banking and financial services. It offers personal banking services, including checking and savings accounts; mortgages, home equity, and personal loans; and other services; business and commercial Banking services, such as business check cards, health savings, employee benefit plans, internet banking and business online banking, business checking, and commercial loans; and cash management services. The company also provides access to stocks, bonds, mutual funds, and annuities; asset management accounts and custody services; and personal, commercial, health, term life, permanent, long-term care, disability, and sport in...

250 Glen Street

Glens Falls, NY 12801

United States

Founded in 1851



Key Executives for Glens Falls National Bank and Trust Company

Chief Executive Officer
Age: 55
Chief Financial Officer
Age: 51
Chief Investment Officer
Chief Information Officer and Executive Vice President
Chief Risk Officer
Compensation as of Fiscal Year 2014.

Glens Falls National Bank and Trust Company Key Developments

Glens Falls National Bank and Trust Co. Names Donna Perkett as Executive Vice President of Retail Banking

Glens Falls National Bank and Trust Co. named Donna Perkett executive vice president of retail banking. In this role, Perkett will oversee branch services, marketing and business development for the company. Prior to joining the Arrow Financial Corp. subsidiary, Perkett was a senior vice president for Bank of America Corp.

Glens Falls National Bank and Trust Company Appoints Peter Lareau as New Position of Chief Risk Officer

Glens Falls National Bank and Trust Company on January 4, 2013 announced the appointment of Peter Lareau to the new position of chief risk officer. In this role, Lareau will oversee the bank's risk management, regulatory and compliance requirements. Lareau continues to be a senior vice president and corporate compliance officer of the company. Lareau joined the bank in 1982 as a management trainee. Since then, he has held various positions in marketing, compliance, training and human resources. He most recently was senior vice president of compliance, HR and training.

Management Changes at Arrow Financial Corporation, Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company

Thomas Hoy, who has been CEO of Arrow Financial Corporation and Glens Falls National Bank and Trust Company since 1997, will retire Dec. 31, 2012 and be succeeded by Thomas Murphy. On the same day, Raymond O'Conor, CEO of Arrow subsidiary Saratoga National Bank and Trust Company, will retire and be replaced by David DeMarco. Murphy, who is 53, and the 50 year old DeMarco both hold the title of president at their respective banks.

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