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Stock impact report

Ex-bank executive steps down from NY Fed board [Financial Post (Toronto, Ontario, Canada)]

Arrow Financial Corporation (AROW) 
Last arrow financial corporation earnings: 4/24 07:32 am Check Earnings Report
Company Research Source: Financial Post
exited the board that oversees the Federal Reserve Bank of New York, the central bank said Tuesday. Advertisement The regional Fed said Murphy stepped down from one of its New York Fed director slots reserved for bankers. Murphy had been the president and chief executive officer for Arrow Financial Corp until May 12, and served in the same roles at its Glens Falls National Bank and Trust Co subsidiary. Arrow, a bank holding company, also owns Saratoga National Bank and Trust Co. Subscribe now to read the latest news in your city and across Canada. Subscribe now to read the latest news in your city and across Canada. Create an account or sign in to continue with your reading experience. Don't have an account? Create Account Murphy had been a Class A director on the New York Fed board since January 2021. According to a press release from Arrow Financial Company on Monday, Murphy “terminated his employment” at the company. It did not state a reason and the company did not i Show less Read more
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