Glens Falls, N.Y., USA - Arrow Financial Corporation announces appointment of Thomas J. Murphy as Corporate Secretary, Raymond F. O'Conor and David S. DeMarco as Senior Vice Presidents, effective May 1.
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Mr. Murphy is a graduate of Siena College magna cum laude with a BBA in Accounting.
Mr. Murphy was a partner in a regional accounting firm.
He is a member of the Trust and Estate Tax Committee of the New York Bankers Association (NYBA), past president and current member of the Estate Planning Council of Eastern New York, Inc., a charter member of the Glens Falls Hospital Foundation Planned Giving Council and current member of the Glens Falls Hospital Foundation Board of Trustees.
He is the President of the Charles R. Wood Theater, Inc., past President of the Kiwanis Club of Glens Falls and a past member of the Board of Directors of the Adirondack Regional Chambers of Commerce.
Mr. Murphy will be succeeded Gerard R. Bilodeau who is retired.
Mr. O'Conor is a graduate of the New York Bankers Association Career Management School.
Mr. O'Conor, will continue to serve as Chairman, President and Chief Executive Officer of Saratoga National Bank and Trust Company, a subsidiary of Arrow.
Mr. O'Conor joined Glens Falls National Bank in 1985 as Financial Services Officer.
He was one of the founding officers of the Saratoga National Bank & Trust Company in 1988.
He served as Vice President - Business Development/CRA Officer, was promoted to the position of Executive Vice President - Trust Officer in 1993, President, CEO and Director in 1996 and Chairman, President & CEO in 2007.
He is a member of the Board of Directors of the Independent Community Bankers of America and a Board Member and is past President of the Independent Bankers Association of New York State.
Mr. O'Conor is President of the Wilton Global Job Development Corporation and is a member of the Board of Directors of Leadership Saratoga.
He also serves as a Councilman for the Town of Wilton. Mr. O'Conor is a recipient of the Saratoga County Bar Association's Liberty Bell Award, the Economic Opportunity Council's National Community Service Award and the Distinguished Leadership Award from the National Association for Community Leadership.
Mr. DeMarco graduated from the University of Texas at Austin with a BBA in Finance and is a graduate of the Stonier Graduate School of Banking.
David S. DeMarco will also continue to serve as Executive Vice President and Group Head for Branch, Corporate Development, Financial Services, and Marketing at Glens Falls National Bank, as well as Chairman of the Board of the bank's subsidiary, Capital Financial Group.
Mr. DeMarco joined Glens Falls National Bank in 1987 as Assistant Vice President and Commercial Loan Officer.
In 1991, he was promoted to Vice President, in 1993 to Commercial Loan Department Manager, in 1997 to Manager of Corporate Banking, in 1999 to Corporate Development Manager and to his current position in 2003.
Mr. DeMarco is the Chairman of the Board of the Glens Falls Hospital Foundation, member of the Board of Directors and Treasurer of the Glens Falls Civic Center Foundation, Board Member of the Adirondack Chapter of the American Cancer Society and the Treasurer and Board Member of the Queensbury Dollars for Scholars.
He is a member of the NYSPHSAA Boys Basketball Marketing Committee and the Retail Banking Division of the NY Bankers Association. ■