GLENS FALLS – Arrow Financial Corporation, the parent of Glens Falls National Bank and Saratoga National Bank, was recognized by Forbes as one of “America's 50 Most Trustworthy Financial Companies” for its accounting and governance practices.
This is the sixth consecutive year that the Glens Falls-based company has received such a designation from Forbes.
To create its “Most Trustworthy” list, Forbes enlisted MSCI ESG Research to evaluate nearly 700 publicly traded North American financial companies with a market cap of $250 million or more for the year ending December 2016.
Factors considered as indicators of a company’s credibility include high-risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk.
The complete article can be viewed online by visiting Forbes.com and searching “Most Trustworthy.”
