March 31, 2022
VIA EDGAR AND EMAIL
Securities and Exchange Commission
100 F. Street, NE
Washington, DC 20549
Attention: Mr. John Dana Brown
Division of Corporate Finance
Re: Arrow Financial Corporation
Registration Statement on Form S-3 filed March 24, 2022
File No. 333-263812
Dear Mr. Brown:
Pursuant to Rule 461 under the Securities Act of 1933, as amended, Arrow Financial Corporation (the “Company”) hereby requests acceleration of effectiveness of the above-referenced Registration Statement so that it will be declared effective at 4:00 p.m. Eastern Time on April 5, 2022, or as soon as practicable thereafter.
If you have any questions with respect to the foregoing, please contact me at (518) 745-1000. Thank you very much.
Very truly yours,
ARROW FINANCIAL CORPORATION
By: /s/ Laura B, Steele
Laura B. Steele
Controller
cc: Michele C. Kloeppel, Thompson Coburn LLP