Taxes

• Charitable Giving
  We are your neighbors: Since 1851, we have been caring for our communities through charitable giving and volunteerism. It’s not only what we do as financial professionals; it’s who we are as neighbors.
• Roth IRA
  Roth IRAs are individual retirement accounts that are funded with after-tax income. They grow tax-deferred, and the money can be withdrawn tax and penalty-free after age 59 ½ if the account has been open for five years.
• Tax Deductions
  Free management reports to help you track expenses, monitor your spending, spot tax deductions, prepare your tax filings and forecast expenses more easily.
• Income Tax
  Traditional IRAs are individual retirement accounts funded with pre-tax income. The money grows tax-deferred, but you will pay ordinary income tax on your withdrawals.

Investment

• Investment Management
  All plan investment responsibilities, including portfolio management and selection of participant investment options, are provided through our Investment Department.
• Mutual Funds
• Wealth Management
  Yrsha joined the company in 2015 and is responsible for executive oversight of all aspects of retail banking, which includes front-line sales, retail lending, business banking and cash management. He will also oversee the Marketing and Communications Department and Wealth Management Division. Yrsha will continue to serve as Chief Banking Officer, contributing to the Arrow Family of Companies strategic plan and the long-term direction of the company. He is a graduate of Castleton State University and the Adirondack Regional Chamber of Commerce Leadership Class of 2013. Yrsha is active in the community and currently serves as Chair of the Adirondack Regional Chamber of Commerce.

Accounting

• Payroll Services
  Girard, Senior Vice President, Director of Business Services, joined the company in 2014 and oversees municipal banking and cash management services. She is responsible for developing and managing opportunities for revenue growth including deposits, merchant and payroll services and credit cards. Girard earned a bachelor’s degree in business administration from Le Moyne College.

Planning

• Retirement Planning
  Tax Deferred and Retirement Planning Certificates of Deposit are also available. For all CDs, a minimum deposit is required, and there is a penalty for early withdrawal.
• Annuities
• Asset Management
  We manage each customer’s assets as if they were our own. Whether you need assistance managing endowment funds, inheritances, retirement plans or other assets, you can rely on our experienced investment professionals.